November 14, 2008

Crazy Week for Stocks and Commodities

Category: L-W In the News – Paul Nowak – 4:17 pm

Volatility continued this week. Both commodity and stock markets have seen wild swings. Lind Plus Senior market strategists Daniel Pavilonis and Phil Streible have been on top of the markets and were recently quoted on Bloomberg and Morningstar.

Commenting on the continued government intervention, Phil Streible said, “The China stimulus package news just fizzled.” You can read the entire here: Commodities Tumble on Economy.

Commenting on the tone of the market, Daniel Pavilonis said, “The aura of this whole situation is pretty negative, and it’s probably going to be pretty negative until we bottom out.” You can read the rest of the article here:  Commodities Resume Slide on Economic, Demand Fears.

No Comments »

No comments yet.

RSS feed for comments on this post. | TrackBack URI

Leave a comment

XHTML ( You can use these tags): <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> .