Business
July_18th_2012.mp3 Oil Spark In the last 20 days crude oil has jumped 16% and could signify an economic turn while Global economic forecasts are in disarray. Crude Oil (Click For Larger Picture) Crude oil is volatile in the last 4 months; from highs of $110.55 in March of this year to the lows of $77.28 last month, a $33.27 decline or 30%. The prior 5 month period saw crude oil jump from $74.95 in October 2011 to $110.55 a $35.60 rise or 36%. So what we have proved is crude oil is volatile. Then why is this latest 16% rise of late significant? Fiddling while Rome burns! European economies are in disarray causing concern globally and dire forecasts of the future. But why would crude oil rise if we are heading into a World wide slowdown? Perhaps we are seeing a paradigm shift that few foresee. After pumping liquidity into international economies do we have a spark that has ignited oil? Pessimism is at a peak gloom and doom is prevalent in every media report. Little is expected from the massive U.S. market with political turmoil expected to continue into the 2012 elections. Prepare for the unexpected, be ready for a turn it will occur when the least expect it! There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2:1. Make the call - let me provide you with a unique perspective on your investments through a no-obligation consultation. Contact me by filling out the 'Unique Perspective' form on the Contact page, or by calling at 1-204-982-0633. Before trading, please contact an investment professional.