SPDR S&P 500 (SPY)

[USDollar]

I think Oil vs SPX makes correlation sense

Low(er) Oil, an important and main energy, helps the businesses and the economy by lowering their costs.

In return this should be reflected in higher profits and better operations, leading to higher valuation, and finally reflected in (sorry) ever higher SPX.

The businesses got used to 100 oil. Now that the oil is lower, their profits should rise. What I don't like is that the savings are NEVER so far passed onto customers, but when the oil was on its way up, then hey, they passed ALL the extra (oil) costs onto the customers and then some (speculative and greed).

It's the lack of morals that I don't like, and it's running all the way up. Since this comes trickling down from the goonvernment officials, what else can we expect, it is harder to blame the businesses of unfair and dirty practices.