FastSaying
The surprise fall in crude stocks has helped the rally and the energy sector has keyed off that.
Fergal Smith
Energy
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The firmer tone for crude futures should underpin the market at the open.
— Fergal Smith
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The pullback in crude is mostly related to the tentative deal between Russia and Iran on uranium enrichment, and gold is softer mostly for the same reason.
— Fergal Smith
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We had a pretty decent pull-back in spot gold, so I think there is some profit-taking here.
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We got weakness in the Nasdaq today before some big earnings.
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Our current energy boom is not going to continue and what happens then? We have to think of tomorrow and start salting away large amounts of money because the oil and gas won't go on forever.
— Donald Smith
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