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WALL STREET INSIGHT

Does the US market have enough upward momentum to test new highs this week?

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Oil majors such as Exxon Mobil and Chevron now believe shale oil is here to stay, and are committing billions of dollars to oilfields they had left for dead decades ago, like the Permian Basin in West Texas.

US stocks came within inches of new record highs last week, and will test those records this week if earnings season and Chinese trade talks stay on track.

The bulls scratched off a full check-list of worries last week. Trade negotiations, earnings reports, inflation data and even Brexit

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