Top 3 Reasons Markets Were Mixed as Oil Whiplashes Traders

Markets closed mixed on Wall Street: DJI -0.31% SP500 -0.10% Nasdaq +0.55% Gold +0.13%

The markets were mixed because:

  • The “macro” top-down funds were working the media to fret over higher Oil (NYSE:USO) prices. Although they may not wrong, Oil did take a tumble 1.6% today as hot money chasers got their faces burned off. Now Check Out: 5 Stocks Hedge Funds Are Buying Like Crazy >>