Even if the fed raises rates just a small tiny tiny tiny threat of a slow down and those rates are going straight back to zero...once the recession comes and a global slowdown shows up NEGATIVE INTEREST RATES will be the norm on wallstreet.
chatter in the oil journals is that the reason russia moved into syria with military is to drive up oil and that the oil traders are running with that story today bullishly..although it is a pretty weak excuse, I guess they are kinda desperate for higher prices. They are also hoping higher CL will cause the ES rally to continue
It was below $95, even lower than that but I still bought in this morning at $95.50....sell at $110+....bought very small amount of shares.
Another rumour is that they are there as Assad asked them to help fight ISIS and US for some reason isn't keen on it, Russia was asked and US apparently wasn't.
Thats the reason, we know russia relies heavily on Oil and natural gas export revenues. Found out that in 2013 oil and natural gas sales accounted for 68% of Russias TOTAL EXPORT revenues....with oil sinking to lows maybe that could be news that would push oil up to benefit them....
apple selling off again and that has to have the markets very worried since they sold a record amount of iphones in one weekend.....
LABD doing it yet again wish I bought in my other account this morning as well, but was focusing on buying DWTI instead....missed out on selling my GUSH above $11 after buying below $10 last week!!!! So still holding onto to GUSH!!!