Stocks and Crude Oil Diverge

09/24/2009 9:20 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

chart
Click to Enlarge

Crude oil and the S&P futures have had a similar path for many months. Both peaked on June 11 and then bottomed within a day of each other in July. Since late August, the S&P has made higher highs, while crude oil has made lower lows. Crude is now testing its daily uptrend after Wednesday's sharp drop, making the next few days critical.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on STRATEGIES

Keyword Image
MSG Networks: A Sporting Chance
12/12/2018 5:00 am EST

Validea is an advisory service which assesses stocks based on the investing criteria of many of the ...