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Commentary Topic from greenfaucet

Can Energy Continue to Lead the Market?

Watching the action today, I am compelled to question the short-term prospects of the market.  Glancing at today's leaders, I can't help but notice the glaring commonality amongst the leadership groups.  Any guesses???  Inflation.  The market is being buoyed by sectors that are fundamentally inflationary.  For instance, the majority of today's winners are energy related.  Furthermore, commodity groups such as precious metals, raw materials, and agriculture are doing well today.  The presumption is, that the current run in crude prices will spark inflation.