Fri 2/24/12 4:35 PM – Stocks Stall, Oil Up Sharply Again

US stocks again seem to have stalled out here. For the week, the market is only up about a half percent. That’s actually healthy and even a small pullback of a few percent would be good for the market. Of course, bad news from Iran, China or Europe (ICE) would assist that pullback.

Oil is up strongly again today. It could go another 5% higher very shortly. Again, developments in Israel and Iran would really goose that price.

Have a good weekend.

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