What To Do When Oil Swings
From Wall Street Journal
The relationship between stocks and oil prices might be breaking down-but its impact is still being felt in two key sectors. Experts say investors who play those sectors smartly can benefit regardless of where oil prices go from here.
Crude gained 4.7% on July 2, as Iran tested missiles capable of hitting U.S. targets in the Middle East. That price jump, coupled with a 9.4% surge on June 29, capped a nearly 13% rise in just three days of trading, the largest such move since August 2009.