Tuesday, February 21, 2012
Inverse correlation between oil and S&P returning?
I'm on the lookout for the inverse correlation between oil prices and the overall market like we used to see several years ago to make a comeback. I think that oil is hitting the point where it will affect the spending behavior of the average consumer and reduce demand for consumer goods instead of signaling healthy demand like it has over the past few years.
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1 comment:
hi. do you have the ELD for the Choppiness Index to use in Tradestation? thanks stocks33@gmail.com
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