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I got a glimpse in the markets mind today. I was able to do a genuine vulcan mind meld. While you can look at the average dow gaining 116 points, s p climbing 0. 5 and nasdaq advancing i actually know precisely what happened inside the market today. So listen up, because reality is stranger than the Science Fiction notion of inside cranial information. First off, if you didnt know it by now, all that matters is the direction of oil. We live and die with oil. You figure out where oil is going and you figure out where the market is going. One look at this market, tells us we collapsed because oil collapsed first. Okay. Here we go. This takes us down. And the s p 500 bounced because we hit a technical level right here. But these are one and the same. This is a few seconds earlier. Dont believe me, you think im cherry picking on the big decline one day in the life of the market i have an idea. Do this for me. Set your alarm to 3 00 a ....
We live and die with oil. You figure out where oil is going and you figure out where the market is going. One look at this market, tells us we collapsed because oil collapsed first. Okay. Here we go. This takes us down. And the s p 500 bounced because we hit a technical level right here. Above the average line. But these are one and the same. This is a few seconds earlier. Dont believe me, you think im cherry picking on the big decline one day in the life of the market i have an idea. Do this for me. Set your alarm to 3 00 a. M. All right. You can stay extra half hour. Set your alarm to 3 30 a. M. Like i do. Check out as trade trades down a few pennies and the s p trade down a couple of picks. All in a vacuum. Pajama trader, selling the s p. Oily tail and never the other way around. But today i saw something amazing. When i peered into that cerebral cortex of this market, what i saw was not that the averages do well when oil goes higher. Its that certain parts of the market do exceedin ....
You figure out where oil is going and you figure out where the market is going. One look at this market, tells us we collapsed because oil collapsed first. Okay. Here we go. This takes us down. And the s p 500 bounced because we hit a technical level right here. Above the average line. But these are one and the same. This is a few seconds earlier. Dont believe me, you think im cherry picking on the big decline one day in the life of the market i have an idea. Do this for me. Set your alarm to 3 00 a. M. All right. You can stay extra half hour. Set your alarm to 3 30 a. M. Like i do. Check out as trade trades down a few pennies and the s p trade down a couple of picks. All in a vacuum. Pajama trader, selling the s p. Like a dog being dragged by the way around. But today i saw something amazing. When i peered into that cerebral cortex of this market, what i saw was not that the averages do well when oil goes higher. Its that certain parts of the market do exceedingly well. And i didnt ha ....
All in a vacuum. Pajama trader, selling the s p. Like a dog being dragged by the oily tail and never the other way around. But today i saw something amazing. When i peered into that cerebral cortex of this market, what i saw was not that the averages do well when oil goes higher. Its that certain parts of the market do exceedingly well. And i didnt have this meld going on if i didnt have it going on inside that brain, youd never believe which parts did well. So today we had this huge counterintuitive rally up to 29. 62 within striking distance of that key 30 level. The eagerly awaited oil levels was fundamental. Its just that the trading in crude is so oversold. Something thats gone down week after week is due for a bounce but heres where it go from counterintuitive to totally wacko. What stocks went higher as the lets see. We had a colossal gain in the Consumer Spending stocks like the retailer, travel and leisure place. Moves ....
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