Crude-Oil-Wal-Mart-Latest-breaking-News-Graver

From Graver:

The above picture shows a comparison between the trading prices of the S&P GSCI Crude Oil TR Index ETN and Wal-Mart Stores. The candlestick depiction is of the Crude Oil index, showing a very alarming drop in trading price aver the last several weeks.

For most consumers, this has been noticed most-readily by money saved as the gas station as gas prices have fallen as well. The orange line represents the trading price of Wal-Mart stores, which has seen an upward surge in trading value that nearly represents an inverse correlation to that of Crude Oil prices.

While economic warfare rages onward, with Politicians, Heads of States, and Industry Tycoons alike feeling the cringe of a world waltzing around war, it seems that the pre-war spoils that have found their way to the pockets of crude-oil dependent consumers may be trickling back up to one of the world’s largest retailers, Wal-Mart.

Click here for a large version of the above chart

 

Image From Trading View