We have oil prices that will definitely have an impact on the markets. Oil prices are up this morning as some rigs are evacuated, so that could cause some supply fears,
More Quotes from Terry Milne:
After the pullback yesterday and the stronger oil prices today, I think that you could see an upward moving market.Terry Milne
There could be a continued lifting in bank stocks and that's a flight to quality. I think you will continue to see people going to the higher-quality, dividend-paying stocks, where they can get the yield that satisfies them.
Terry Milne
After the down day yesterday, obviously resource prices will be the deciding factor. Gold is off again this morning, so you could see some weakness there.
Terry Milne
The energy sector is weak today and that seems to be what is pulling against the tide in what would have been an otherwise slightly positive market.
Terry Milne
I think it's all going to be determined by oil prices and this far this morning, it's upwards and onwards,
Terry Milne
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