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LONG TRADE ON $OIL while the Bears took control $SPX

LONG TRADE ON $OIL while the Bears took control $SPX

April 30, 2015 4:57 pm / Published in SP500, USA, USO, VXX, XIV

LONG TRADE ON $OIL while the Bears took control $SPX

The Nasdaq ended lower for a fourth straight day on declines in Apple and biotech stocks. Upbeat U.S. jobs data pushed the dollar higher against the yen and gold declined. Treasury yields pared earlier gains on month-end portfolio adjustments, while oil soared more than a percent.

Technical trade, long OIL or the EFT USO.

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