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Oil Remains Highly Correlated to the S&P 500
Stock Market Analysis at DeepMarket found this 7/3/2009 on tickersense.typepad.com
On a rolling 200-day basis, oil is now more correlated to the S&P; than any other time in the last twenty years. Below we picture the correlation of oil versus the S&P; on both a 50-day and a 200-day basis....
