There is an easy way to find out where the market thinks a particular sector is heading: Check out the movement of futures contracts held by top hedge fund managers. These days, the signal is clear and pointing in one direction. Check this out.
energy stock market
- Buy Signal: Top Hedge Funds Are Moving Into Energy
- This Energy Stock Has Climbed 20% – In Just Two Weeks
Oil prices jumped more than 4% yesterday (Monday), hitting the highest level in two months and boosting one of our favorite energy stocks to a 20% gain in two weeks. Since falling to a 52-week low of $76.15 a barrel this month, oil prices rose 4.4% Monday to close at $91.27 a barrel. This resurgence […]