The DeCarley Perspective...
Have oil futures and the e-mini S&P finally decoupled?
Jim Cramer's "Off the Charts" segment on CNBC's Mad Money used Carley Garner's analysis of the decoupling of WTI crude oil futures and stocks on the February 1st show!
Lately, it seemed to Jim Cramer that the crazy linkage between oil and stocks would last forever. Whenever oil would go up, the market would rally; whenever oil went down, stocks were crushed.
"That is lunacy, as I've said repeatedly, because the vast, vast majority of companies in the S&P actually benefit from cheaper crude." ~ Jim Cramer
Accordingly, Cramer spoke with Carley Garner, a technician and co-founder of DeCarley Trading and a colleague of Cramer's at RealMoney.com — to get a sense of when the linkage between oil and stocks will finally snap.
Click on the image below to check out the text and video archive of the February 1st Mad Money segment featuring DeCarley analysis!
DeCarley Trading works hard to provide clients with quality insight into the markets. One of our recent issues of the DeCarley Perspective was featured on CNBC's Mad Money on February 1st. The DeCarley Perspective is a publication distributed exclusively to DeCarley's brokerage clients. If you are interested in being part of the loop, open a trading account today!
