We might need a degree in Economics and one in Finance to explain that! But, let’s keep things simple. Look at the value of the dollar in the FX market. Right now it is around $103 in relationship to other currencies. When the dollar drops stocks go up and when the dollar increases stocks go down. The dollar was at $116 in October, so it went down to $101 and stocks went up. Then over the last couple of weeks it has gone a little up to $103 so stocks dropped a little. The dollar NEEDS to get under $100 soon to not crush emerging markets. When it gets under $100, global markets work optimally and US stocks will be in a bull market again. For now they’ll be steady around this range until it drops under $100.