Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Tuesday, April 19, 2016
Oil and Stocks Continue Trading in Sync
The SPX S&P 500 and USO Oil charts clearly show how oil and stocks continue to move exactly in sync. Oil popped higher when the opening bell in the stock market was ringing yesterday and the jump in oil creates the recovery in stocks. Throughout the entire day, as oil goes, so goes the markets. European stocks and US futures are higher this morning (Tuesday, 4/19/16) with oil higher. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.