We saw a decent move up in some Oil funds and stocks yesterday following the OPEC announcement. The point and figure chart of Crude Oil (CL/) is currently at a level of significance sitting on an important support line. We’ll just have to wait and see which way it breaks.
Here’s what I’ve been reading this morning:
‘I’ve Never Seen Anything Like the Massacre of the Hedge Fund Business This Year’ – Josh Brown – CNBC
‘How Goldman Sachs Lost $1.2 Billion of Libya’s Money’ – Matthew Campbell – Bloomberg Businessweek
‘3 ETFs to Buy If You Think Twitter Will Get Bought’ – Chris Ciaccia – The Street
‘Beating Your Own Investments’ – Michael Batnick – The Irrelevant Investor
‘3 Ways to Manage Your Time and Boost Productivity’ – Nadya Khoja – Entrepreneur