By Tom Gentile Tom's Weekly Outlook, July 4th, 2008
Happy Oil Dependence Day!!! This time last year oil was priced just above 70 dollars a barrel. I never would have guessed that the price of oil would have risen to double its price in just one year, but it sure has. In fact, it’s risen more than 50 dollars a barrel in the past six months; it just seems like there’s no end in sight. So how does this affect the Fourth of July weekend? Well, the fireworks and explosions can be heard all around the world...
Market Moves: Tug of War The market bulls can run with joy. On balance, though, the bears are winning this battle over market control. And this week will give them a stronger tug that could yank the bulls flat into the mud…
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