Additional Comments


Energies were soft today.  Of interest is that some of this decline appears to be on the heels of another Saudi shakeup.  I know little about all of this, but seemingly the rally was disrupted by something that is not a supply/demand factor of the product.  Therefore, once this issue is resolved, I would anticipate energy prices to begin trading higher again.

S & P 500 Stock Index:

The three big indices have all set a new low in this decline from the historical high. The oscillator is moving lower at a greater rate.  With 25% plus gains on the year, some may be quick to bank as much of this gain as possible before years end.