NYSE

Authored by Pater Tenebrarum via Acting-Man.com,

Anecdotal Flags are Waved

“If a shoeshine boy can predict where this market is going to go, then it’s no place for a man with a lot of money to lose.”

- Joseph Kennedy

Below compares the price of Crude Oil and the NYSE Index over the past decade. Even though both of these assets don’t always correlate, sometimes they do, for good periods of time. Over the past couple of years, they have correlated and several lows and highs have taken place at the same time. If correlations are to continue, what Crude does next, could be very important for the bull market in stocks.