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Tag: oil rallying

Fox Business, Stocks, Bonds, Gold and Oil

I am going to be on Fox Business’ Markets Now at 1:05pm today (Wednesday) discussing the stock market’s recent assault on Dow 16,000, a target I gave several times here and in the media. Now that the market is there, what’s next? I can tell you that from my perspective, risk has increased substantially, but by no means should the bull market be over. Stocks are overdue for at least a pullback (2-8%), but probably more on the downside next […]   Read More
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Paul's Insights
Date: November 20, 2013
Paul Schatz, President, Heritage Capital

Oil Acting Up

Crude oil has very quietly rallied from $93 to $106 over the past  few weeks. I am surprised we haven’t heard more from the media about it. Usually when it cracks $100, we hear how it is going to hurt the consumer and lead to recession. And all this while the dollar was strong as well. Thursday’s downside reversal was interesting, especially given how weak the dollar was and I will be closely watching to see if the bears can muster […]   Read More
Investing + 1 more
Paul's Insights
Date: July 12, 2013
Paul Schatz, President, Heritage Capital

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