The wall street journal website reported that Vale, the Brazilian miner will sell up to $15 Billion dollars in shares. To speculate what they might do with this money, they mention that FCX one of our favourites here, could be a way for the
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The down is down about 80 points at midday today as oil has hit yet another new high crossing the 132$ a barrel mark. Look for the fed minutes at 2 to set the pace for the rest of the week in the market.
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The market sold off after a few solid days of price rises in stocks. Oil crossed 129$ a barrel as commodities and ag bucked the down trend. Mad money did a special on dry bulk shippers last night officially signaling a near term top.
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