The "news" means little; price action is king; price reveals the REAL LIFE DECISIONS of those with money on the line. No one knows for sure the reasons why traders sell or buy--all we can know is what their ACTIONS are. The reasons are meaningless, because they are based entirely on groundless speculation. That said, if a newspaper noted that "Stocks were down today because there were more sellers than buyers" readers would laugh and accuse the paper of insulting their intelligence, even though it would be the exact truth.
np if it had been Was just going to say, I think in this case the "news" (i.e. fear) may be more of a guess as to why oil is down again today. But still, the explanation does have some merit given the potential clouds on the horizon.
Hey look at that almost 67. Who would have know. And yes folks, you guessed it, tomorrow is what? Yes!!!! Turn around Tuesday!!!