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  • WTI crude oil (USOgains another 2.2% in overnight trade, now fetching $101.80 per barrel, the highest level in about 15 months amid political turmoil in Egypt. The situation may be bad enough to threaten the region's oil supplies, but the Egyptian stock market rose 4.9% today suggesting some measure of hope. The Egypt Index ETF (EGPT) gained 5.8% in New York trade. S&P 500 futures -0.2%[View news story]
    I think market readers noticed that oil should soar after they get convinced that it is immuned againt the collective drop in commodities! so heavy buying came in to WTI
    Jul 3 03:55 AM | Likes Like |Link to Comment
  • Rocco Pendola sees Wendy's (WEN) as a candidate for the next big turnaround story if Burger King stumbles or sales spike higher. The company is in the midst of an ambitious makeover process that could reward investors in for the long haul. [View news story]
    I think u r right, but what kind of evidence that we can rely on!!
    Apr 24 10:52 AM | Likes Like |Link to Comment