Monday, April 4, 2016

Nightcap 4-4-16

Stocks closed lower as the rally in stocks finally takes a breather. Oil got hammered over the last few sessions and is down to $35 a barrel. The rally in oil is clearly over. Is it telegraphing what is in store for stocks? It was an uneventful Monday (except for the usual crime, mayhem and disasters). Honestly it has been rather calm and quiet these past few weeks. I feel something big is about to break. I can't say what, but something wicked this way comes.

What do you think?