Posted By:Stephen Schork, Editor, The Schork ReportCNBC Guest Blog
If the bulls are going to put up a defense, this is where it will occur. If they succeed, then this support will act as a springboard for a second run at $75. If they fail, the path towards a $40-handle will be wide open. Read More
Posted By:Stephen Schork, Editor, The Schork ReportCNBC Guest Blog
Energy prices were mixed on Wednesday - oil markets moved higher because – you know why –because equities moved higher. Meantime, natty moved lower because – you know why – because unlike oil, the price path in natural gas correlates to its fundamentals… and not the stock market," writes Stephen Schork. Read More