Crude oil reversed sharply to the upside last week so it seems that five waves down completed the wave 3) and the current rally is a part of a contra trend reaction.
When NIBA saw the potential impact of CME Group data fee increases, it sought a meeting with the CME to discuss their concerns. NIBA met with the CME Group market data team on Dec. 2. Here is their report to members on that meeting.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
Paul Volcker said he wasn’t involved with writing the final version of the rule that bears his name.