Friday, March 1, 2013

LPL Financial Weekly Market Commentary Feb 25 2013 - Gasoline Prices Racing Toward Danger Zone

Gasoline Prices Racing Toward Danger Zone

Watching the Daytona 500 from the “danger zone” can be a thrill, but gasoline’s “danger zone” may be just plain scary. Gasoline prices are nearly back to the highs of the past five years that marked a “danger zone” for market participants.

In each of the past two years, rising energy prices have been one of the 10 “spring slide” indicators that helped us to predict the stock market pullbacks that took place during the second quarter of each year. (Read more)

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At the LWP Group, we're here to help you with all your estate planning needs. Including working with you to select the right gifting options that work within your overall plans. We hope these LPL Weekly Market Commentary posts provide you some insight into current market conditions. Visit our website or simply give us a call with any questions you may have. (734) 424-1700