Wizetrade: Stock Trading News: Commodities Focus for May 22, 2008
Video:
My Review:
There's opportunities all over the market today. Crude oil is at $135.00 barrel today. As I'm sure you've probably heard... Bush is trying to sue OPEC for jacking up the prices. Good luck with that. The real problem is inflation. The stock market hates inflation and most importantly, it hates uncertainty, and that's what the oil market looks like today.
Incase you also didn't know, we're in a period of stagflation now. This is a big explanation of this oil crisis and stock market inconsistency. Natural gas should be doing well soon too so pay attention to it.
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