the standard formula
Strong oil prices, strong stock prices and a weak dollar. Trend following to be sure. Will this continue? Well if my crystal ball was available. But one must note that the longer these trends drift away from the fundamentals, the more likely they will continue. That's because of capital flow and that is usually trend following.
As far as oil.... much supply and little demand. Oil companies have reported lower earnings and global demand looks to remain without recovery for the time-being. The dollar is lower taking beack gains garnered earlier in the week. And stocks....well that's your homework assignment for most of the rest of the calendar year! Do watch though for a stronger dollar on weakening equities and vice versa.
