Tracking the investment insights of the actual smartest guys (and gals!) on the Street and elsewhere.
With an emphasis on longer term insights and thought provoking ideas rather than short term stock picks.
Friday, February 11, 2005
Oil and SP500.
Jim Cramer notes on his radio show that oil now makes up 8% of SP500, versus two years ago when it was 5%. His theory is it goes up to 10%. He also pointed out the breakouts in the Canadian oil stocks.