BNN Appearance: Crude Oil, Home Builders, and Bonds

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BNN Appearance: Crude Oil, Home Builders, and Bonds

By J.C. Parets — Author

This week I was over at the Nasdaq chatting with Frances Horodelski about where Crude Oil could be heading next and what we’re looking for in order to put on a long position. For US Stocks I think we start to see breakouts in the Homebuilding stocks very soon. We keep bumping up against this overhead supply and as we always say, the more times that a level is tested the higher the likelihood that we break out. REITs continue to do well relative to the S&P500 as the stock market keeps suggesting to us that interest rates will stay down for a while.

Tickers: TLT TNX

Posted to Global Markets on Jan 12, 2015 — 4:01 PM

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