OIL _Could_ be decoupling from the S&P but don't take your eyes off it. Oil at $54.83 right now - - dropping off a little into the close.
All other things being equal, offside expiring calls is price bearish. Doesn't really matter if buyers buy into the call writers selling their underlying shares.
I don't really have a strong opinion, 'fred' but you only have to look at the current momentum to get the notion that it is going to close above $17.41. I"m sort of happy to close above that.
In the longer term, I think people are buying into the rising FED rate outlook. There will probably be more buyers than sellers of BAC and we will see the price melt up (...black swans not withstanding).
Oil is moving sideways, again. We are in a range from $17.41 to $17.57 (I don't think we can overcome this resistance level, today) so I will say we close around $17.49.
So we cannot hold the people accountable for what happened "before most of us were born" - yet he continues to claim "racism" for our history and events that happened "before most of us were born"! We are responsible today for our past that we had no control over, but Cuba isn't supposed to be! Mexico is holding the US responsible for the past wars and PAYMENT to Mexico for somehow "stealing" the America southwest. According to liberals - it is all our fault. Hypocrisy!
we are some how guilty of a past, and may I add a past that lead to us, yet we are somehow suppose to wear that past, and yet jugears says all others are absolved from the same