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How Much Gas Is Left In This Inflation Rally?

Once again, the major stock market indexes are trading higher before the opening bell at the New York Stock Exchange. The S&P 500 Index e-mini futures (ES H2) is trading higher by 2.00 points to 1369.50 per contract. Yesterday, the major stock indexes started the day very weak and basically rallied right back to the unchanged levels before the lunch hour. This type of action tells us that the market is pricing in inflation nearly every trading day. All traders should keep an eye on the U.S. Dollar Index at all times. When the U.S. Dollar Index dips the stock and commodity markets inflate. Just look at the United States Gasoline Fund (NYSEARCA:UGA) since December 19, 2011 if you want to see inflation in motion. ...Continue reading here: bit.ly/A3F86E