We have been fairly steadfast that oil related equities are not likely to bottom until crude oil has a vicious rally coupled with a massive change to supply/demand characteristics. Only could any gains be sustainable. …
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Options volumes were light overall on Friday. Most large single stock trades were on the call side of the ledger. 1. ADBE – Stock closed up nearly 13% at a new all-time high on Friday after …
Continue readingBloomberg U.S. stock futures were little changed, following the biggest monthly decline for the Standard & Poor’s 500 Index since September, before a report that may show manufacturing expanded at a slower pace in April. …
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