Stocks just saw their fourth straight week of declines. The situation in Iran seems to be escalating instead of winding down…

Stocks just saw their fourth straight week of declines. The situation in Iran seems to be escalating instead of winding down…

Yesterday, we looked at the divergence between short and long timeframes for stock-oil correlations. Today, let’s look at a couple charts showing the divergence between oil and stock investors.

Yesterday, I said there was some evidence that the low could already be in. Then, the red-hot producer inflation data came out, plus Powell flapping his lips at the press conference.

With all this market turmoil, is the smart money on the retreat? Today’s chart shows the answer.

With all this market turmoil, is the smart money on the retreat? Today’s chart shows the answer.