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.