Like sensible drivers who refuse to rubberneck a traffic accident, the stock market for the most part continues to ignore the monster pileup that is the U.S. government. One corner of the financial markets may be taking notice, however.
The FTSE 100 had a slightly positive week as we initially tried to reach above the 7500 level, but found too much in the way of resistance above there. However, as the week wore on the British pound lost some strength and that of course is good for exports when it comes out of the … Continue reading FTSE 100 Index forecast for the week of July 24, 2017, Technical Analysis
In the week ended July 20, 2017, the S&P 500 Index (SPY) had a correlation of 83.2% with US crude oil active futures.