Bulls are capitalizing on
improving traders sentiments over the last week.
Not exact matches
But this requires a difficult
sentiment balancing act for
traders, since the chances of more Fed easing only
improve if US economic data get worse.
But since mid-November, oil prices have increased, suggesting that some oil
traders are closing out short positions, which could be because
sentiment around the chances of an OPEC deal have
improved.
But the sector has outperformed over the last five years, and some
traders are looking for
sentiment to
improve along with the weather over the next three months.