MSM Hits New Highs… in Stupidity: WTI Golden Cross

By Biiwii

We have shown again and again how when a “Golden Cross” (or Death Cross for that matter) is touted – especially in the greater media – that it is at best a non-factor and at worst a sign that everybody’s got the memo and the market in question will soon take a turn for the worse.

On cue, not only does MarketWatch chime in with some Golden Cross hype this morning but it leverages the idiocy to call crude oil’s Golden Cross a good thing for stocks this summer.  Bulls take note!

If this happens, it could be a fantastic summer to own stocks

Not good, not sensible… Fan effing tastistic!


MSM, always on watch to make up stories to justify market moves or simply inspire peoples’ imaginations hallucinations.

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