This silliness that a drop of 14c - FOURTEEN CENTS - is going to be a big boost to retail sales. LOL as it gets. Here's the "math" If a consumer drives 1,000 per month and gets 20 miles per gal. this highly exclaimed drop of 14c translates into an extra $7 a month. Wow!! Not enough to get a Happy Meal at McDonalds.
But the shills that are now being paraded on absolutely non stop keep bellowing about all this extra money in the consumer's pocket or pocketbook.
All day the bull hypsters on the Snake Oil Channel keep exclaiming how "cheap" the Market is. This Laurel and Hardy act of Kelly and Mandy are the poster children for Shameless. They are really "doth protesting too much" now. Volume dropping - A/D - new high/low list. Won't take much to turn the "algo' herd. Fed or no Fed.