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The Closing Bell: U.S. Stocks Rise For Second Day Led By Banks, Consumer Staples

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  • hank
    edited February 2016
    Yeah - Stocks turned up along with oil which was down a bit all morning. They've appeared linked most of the year. Very unusual, as lower oil should normally help businesses and stocks. I suspect it's a temporary aberration and expect that they will decouple fairly soon. Than it should get interesting.
  • TedTed
    hank: This might be of interest to you.
    Regards,
    Ted
    Why Stocks & Oil Are Correlated:
    http://www.etf.com/sections/features-and-news/why-stocks-oil-are-correlated
  • hank
    edited February 2016
    Thanks Ted. Not as unusual as I suspected. But the 1-2 year periods of correlation referenced in the article I would still consider to be "temporary aberrations."

    (I tend to think big.):)

    Regards

  • Old_JoeOld_Joe
    "(I tend to think big.)"

    Anymore, that's about all that I can do.:)
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