Oil vs. Stocks

June 30th, 2008

July 1, 2008 - (courtesy of Bespoke Investment Group) 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.

Weekly_chart_oil_vs_stocks

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Posted in Markets, Oil & Gas, US Stocks |

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