stock market on May 15: thoughts and outlook

There were a few bearish signs today

1. despite a surge in oil prices, the S&P was unable to sustain its new all time highs
2. interest rates are up much less than oil (rates are driving the finance sector).
3. the german stock market is overbought (global correlation)

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Submitted May 15, 2017 at 03:52PM by markethistory http://ift.tt/2qkEYks