RE:RE:RE:This Widowmaker Connn Tango!Volitility in the S & P is going to come. When that is i dont know, but i can say that IMO the markets are being extremely irrational right now.
The main driver in the s and p is commodity prices right now. But if you think about nothing has really changed at all from dec - january. With oil drill rigs have went down, supply has went up, demand appears to be flat / with modist gain if any. Prices are going up because of speculation on an output freeze but that is not a decrease.
So the movement of oil to me states that people are buying shares in the hopes that companies fail, therefore curbing production. This is not a strategy that makes sense to me. Gold is on the rise because of a perseption of instability in the currencies. This is true. Silver deserves to rise because of lack of physical product, but oil, financials, and consumer discretionary should be falling not rising. But it is the opposite. It will correct itself. Fundamentals are fundamentals and without quantitive easing to maintain volitility in the s and p 500 it is a recipe for a crazy ride.