If you are waiting to pounce on oils rebound, Lou Baseness of Investment U recommends the best play in crude oil investing.
Despite signs that several segments of credit continue to improve, namely in the mortgage-backed and investment grade corporate bond market, the rest of the complex remains hostage to nervous money and the accelerated flight to safety in December.
Stock market volatility continues to shock most market participants this fall with enormous swings occurring almost daily. Last Thursday, the Dow was down almost 300 points at its worst levels only to recover with a massive 552-point gain. That’s an incredible 850-point turnaround in the span of just four hours of trading.