Are Buffett and Barron's Too Bearish on Big Oil?

Another mixed close for the stock market with the Dow Industrials and S&P 500 slightly lower but the Dow Utilities closed strong, up 2.24% on the day as they rallied sharply from support after the release of the FOMC minutes. The market internals were positive and the S&P 500 joined the NYSE A/D line by making a new high with prices. The sharp drop in crude oil did not help the stock market and the HPI indicates the money flow is no longer keeping pace with prices. Therefore, the rally in crude ...