Crude Investing News reports investors see sign of economic growth with higher oil prices. “It is almost as if the market wants to see oil rally,” says Phil Flynn, senior market analyst at Alaron Trading, a commodities trading firm, because of its status as a bellwether for the market. “Short term, the market is hoping [...]
By Dave Brown – Exclusive to ResourceInvestingNews.com Lowered expectations and prolonged uncertainty were seen as the key drivers, leading to market volatility late in the week for equity investors. Mixed economic data being released during the period included: readings of new-home sales, consumer sentiment and durable-goods orders, however these positive stories were buoyed by a [...]
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