SP 500 And NDX Futures Daily Charts - All About Oil

Stocks rallied today on higher oil prices, as Russia and Saudi Arabia said that they *might* agree on some limitations in oil production.

That is not good at all for the real economy, but as we have seen so many times by now, the stock market is no longer tied to the real economy. 

It exists in the bubble zone. Along with its denizens, who are living in a world of their own delusions.

(Click on image to enlarge)

spfutuesdaily2.PNG (1355×1372)

(Click on image to enlarge)

ndxdaily2.PNG (1312×1600)

(Click on image to enlarge)

vix.PNG (850×633)

 

(Click on image to enlarge)

economiccalendar.PNG (1179×547)

None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with
Chee Hin Teh 8 years ago Member's comment

Thanks Sir for sharing