by Bob Stokes
Updated: January 24, 2018
Should stock market bulls worry more when oil prices are rising... or falling?
You might be surprised at the answer!
Regarding a historic, 52-week test of any correlation between oil and stock prices, the Elliott Wave Theorist noted:
Sometimes it is positive, and sometimes it is negative. In fact, during this [testing] period it has been positive for more time than it has been negative!
So much for the myth that rising oil prices are "always negative for stocks."
Yet, this is just one long-held market myth that we expose in a must-read FREE REPORT.
Did you know that the vast majority of portfolios are built on false assumptions? These false assumptions -- or Market Myths -- have been passed down across generations. They are so baked into investor psyche that no one ever thinks to challenge them... but we do. Do earnings really drive stock prices? Can the FDIC actually protect you? Is portfolio diversification a smart move? Download Market Myths Exposed now and find out whether your portfolio is built on flawed foundations. We guarantee you'll be shocked to find the truth.
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