Confusing oil inventory data continues to help oil related stocks, but what confuse me is that why aren’t the market in general react more negatively. I guess one reason could be that the market think the economy can absorb the increase in energy cost. Also, natural gas and industrial metal stocks that produce copper and nickel continues to move higher.

This entry was posted on Wednesday, September 28th, 2005 at 2:28 pm and is filed under Market Mid-Day, Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.