Boom went the Dow Jones overnight, up 130 points. The oil price declined by a couple of bucks. It wasn’t enough for the S&P 500 to cross over its 200-day moving average and break out into fresh new bullish ground. On the other hand, while we’re looking for signs that stocks might rally on an oil price decline, some people are predicting Financial Armageddon. That’s more our style.
May 13th, 2008 | Dan Denning | 2 comments | ContinuedAll Posts Tagged With: "global recession"
