Cheap Oil

Cheap Oil

U.S. crude oil futures fell more than 4% on Sunday, after OPEC agreed to surge production for a second month. Oil prices in April posted the biggest monthly loss since…
Resistance

Resistance

The stock market dropped 20% and is now in the process of bouncing back. SPY (S&P 500 ETF) is approaching a critical resistance zone between 550 and 570. This is…
America For Sale

America For Sale

Capitalism is a self-cleansing mechanism. Although at times it requires adjustments, for the most part is functions well on its own. The financial market, which is the last bastion of…