Market Update 19/11 – 23/11
With oil prices continuing its decline, the last sector holding up the market is gone, finito over. Many questions were asked over the weekend re how far will it drop..who knows..last time it was from the 70’s to 20’s, this time let’s see. Who benefits, well the names tossed out were ptg, tasco, epg, and our brains forgot the one sector, airlines, that typically loves lower oil prices. What would change our minds? … USD index suddenly weakening.