XJO - Bear Posts only (Factors which might cause the markets to fall), page-14936

There is increased volatility in the oil price based upon the recent moves. If our fiend at BH has been buying oil stocks, then I would suggest there is something behind him getting into these stocks and oil prices. I would suggest that we might expect to see a break of the $80 level quite soon and I expect this to be quite impressive...



As to the US, I am still of my last opinion. The ADP report didn't show much of a change in reductions except in a couple of sectors. Most of the increases were due to leisure and hospitality... obviously areas of importance to the economy and should grow as the disposable incomes are increasing.. *sarc*

United States ADP Employment Change (tradingeconomics.com)