All in all I will go out on a tiny limb, ever vigilant to run for safety, and say that energy stocks will rise today.
Markets lost yesterday when Greece reported some insolvency. Notice how entire countries are now reporting insolvency issues.
But oil is up over a dollar at around $74 per barrel, and that is the name of the game...
CNN: Wall Street eyes early gains
"...an absence of bad news..."Reuters: Futures up as oil rises, Oracle, RIM strong results
Research In Motion Ltd posted a big jump in profit late Thursday...
Oracle Corp reported a bigger-than-expected increase in new software sales...
Nike Inc...posted second-quarter profit that topped estimates...
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