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WALL STREET INSIGHT

There's still life in this bull market

Monday, February 16, 2015 - 05:50
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With oil prices more or less stable around US$50 a barrel, Wall Street is in an ebullient mood. Traders are rotating back into the stocks considered the riskiest and most economically sensitive.

THE six-year-old bull market is roaring again.

Stocks rose last week and the professionals' gauge of the market closed at a record high as traders bet US consumers would soon start spending their savings on petrol.

Gains will likely continue this week as long as there are no shocks

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