Tuesday, July 1, 2008

It's All About Oil

This is a couple days old, we're trying to clear the feed-readers and bookmarks before the holiday weekend. Plus I really like Bespoke's graphs and charts:

If any one tries to tell you differently, all you need to do is show them the chart below. As last week's trading illustrates, every time oil went up, stocks went down, and every time oil pulled back, the market gained steam.