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Cold Winter Ahead for Energy Prices
This column was originally published on RealMoney on Oct. 17 at 12:08 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.
In late August, I predicted that the energy sector was on the brink of a six- to eight-week selloff.
In particular, I expected crude oil to drop into the $50s.
Though that target hasn't been reached yet, crude has been steadily grinding lower since after Hurricane Katrina. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.98 |
Oil *
74.40
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|
UP
20.63
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UP
6.40
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UP
31.64
|
UP
0.52
|
10 Yr
3.60%
SPDR Gold
108.95
|
|
+0.20%
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+0.58%
|
+1.45%
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+1.47%
|
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