Forex Consulting

S&P erases gains. Nasdaq down over 1%

Dow still up As the US trading session comes to an end for stocks, the S&P index has erased all it’s gains and trades at session lows. There has been a big rotation out of technology stocks and into big cap stocks which will benefit more from the corporate tax breaks.   Copyright 2015 Forexlive.com

Forex Consulting

Oil prices are lower by -$0.43 at $57.93

On Friday rigs increase by 2 . The price of crude is down -$0.43 at $57.93, as US oil rigs increased by another 2 rigs from the Baker Hughes rig count on Friday.  That addition brought the total rig count to 749, the highest since September.   The change is not a lot week on week,…