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when something looks like there is no bottom it usually is a good time to buy . i bought some uso today . there is always something not on the radar that causes a spike back up and a chance to sell
when something looks like there is no bottom it usually is a good time to buy . i bought some uso today . there is always something not on the radar that causes a spike back up and a chance to sell
The stock market is boiling down to the main indices. Half of the stocks have disappeared since the late 90's. There are barely enough stocks now to comprise the Russell 1000 large caps and the Russell 2000 small caps, or just about one in two stocks are candidates for the Standard & Poor's universe of 1500 stocks encompassing large (500), mid-size (400), and small (600).
I've read about the Wilshire 5000 containing only 3600 stocks before. It mirrors what's occurring in the real economy with the concentration of wealth. There will probably be more ETFs than stocks in time.
Seasonality for oil is usually good through July until early August.
ECB may announce plans to exit QE in September through a taper program like the Fed. This should also help weaken the dollar and help oil.
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