Stocks: Volatility returns, beware crosswinds
The first full week of trading for US equities in 2015 saw more swings than a playground as traders struggled to find a rhythm. Much as I discussed in an article on January 5, volatility quickly crept back into the markets but the bears quickly got frustrated with the strong bounce in the back half of […]
Watch the dollar for clues to oil
The price of oil continues go get beaten severely and while there are structural supply and demand issues at work. in the near-term oil increasingly looks tired on te downside. Because of the powerful inverse relationship of oil and the dollar, traders looking to play an eventual oversold bounce in oil should closely watch the […]