Thursday, January 7, 2016

Stock Market Pulse - January 2016

Using Percentiles To Outperform The Market With Volatility - iPath S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX) | Seeking Alpha

Dr. Duru Blog | T2108 Update – A Calm Bullish Divergence Amid A Raging Storm For The S&P 500 | Talkmarkets
Shows an Apple chart in a style I've never seen before.

World's Cheapest Crude Hits Record Low as Oil Slump Deepens - Bloomberg Business

Boone Pickens to Cramer: Oil is close to bottoming - Yahoo Finance [video]
"Close to the bottom. I was just a year off. We will be back to $70 to $75 by the end of the year," Pickens said. (Tweet This)

The oil tycoon added that the world is currently using approximately 95 million barrels a day, and is oversupplied by about 1 million barrels of oil. Therefore he does not believe that it will take much to balance the market. When that occurs, the price of crude will move up fast. 

China stocks halted for the day after sharp plunge - Jan. 6, 2016 [video]

No comments:

Post a Comment

Only comments in English will be considered. Thank you!