When will oil roll over?
Not yet.
In the mean time, elsewhere...
Coal is going down. Commodity stocks as a whole seem to be under pressure, but this sector suffers quite heavily the last sessions.
Aside: look to big names as BHP Billiton (ticker: BHP). Profit taking time is there. This trade became the last months so crowded, that it became harder and harder for all names here to make any headway. Now they seem to be rolling over.
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Aside: look to big names as BHP Billiton (ticker: BHP). Profit taking time is there. This trade became the last months so crowded, that it became harder and harder for all names here to make any headway. Now they seem to be rolling over.
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