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Headlines & Perspectives
Day Rates Don't Bode Well for Oil Service
By Chuck Marvin
01/08/09 - 02:30 PM EST
For energy service and drilling stocks, rig day rates and asset-replacement costs have excellent track records for indicating the future price direction of a stock.
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Dow Jones S&P 500 NASDAQ 10-Year Note
10,226.94 1,093.07 2,154.06 34.86
Oil *
77.65
UP
203.52
UP
23.77
UP
41.62
DOWN
0.17
10 Yr
3.49%
SPDR Gold
108.19
+2.03%
+2.22%
+1.97%
-0.49%
Data delayed 20 minutes

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