Meanwhile, the stock indexes are struggling to keep their heads above water. Yesterday's settlement price is the turquoise-colored line on the left chart. As long as crude oil prices remain strong, I don't believe stocks will be able to sustain a rally. I have been trading primarily the Dow and 10-year treasury indexes for the past two weeks, with a few grain trades thrown in for good measure.Wednesday, May 28, 2008
Stocks Struggle to Stay Above Water
Meanwhile, the stock indexes are struggling to keep their heads above water. Yesterday's settlement price is the turquoise-colored line on the left chart. As long as crude oil prices remain strong, I don't believe stocks will be able to sustain a rally. I have been trading primarily the Dow and 10-year treasury indexes for the past two weeks, with a few grain trades thrown in for good measure.
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stock market