Cameron Hanover – Daily Energy Hedger – May 18, 2010
Oil prices dropped to their lowest levels in 2010 on Monday, in a follow-through of the active selling we have seen since the start of the month (May). Equities were hammered in early trading, but they managed to claw their way back to unchanged and even into lightly positive territory by the final bell. The DJIA ended the day up 5.67 points.