The price action in JPMorgan Chase & Company NYSE: JPM has been bullish all year. The prospect of higher interest rates, widening margins, and increased…
Oil is a compelling reason why the sell-off in stocks isn’t over. The price of WTI is being underpinned by a weakened dollar and is ready to move high
That reason is oil (NYSEARCA:USO). The reasoning is this: oil underpins the cost of everything and it is going to get more expensive over the next 3 to 6 months at least.