oil and gold along with other commodities continue to sell off dramatically

Normally September into the middle of October is the seasonally weak time for equities as we come back from the summer fun the market hits the skids bringing us all back to reality. But this selling season may bring us an entirely different scenario. Yes the pundits saw the summer slow down and as they always do and mislabeled it as they always do into a more serious chronic condition than what it really is which is too many people on too many vacations all at one time. The last several weeks have brought us a major shift in market dynamics .The former market leaders such as oil and gold along with other commodities continue to sell off dramatically. Most of us have noticed at the pump that gas prices have dropped precipitously the last 3 weeks. On the economic side inflation seems to be under control, the string of interest rates increases that put downward pressure on equities for some time have come to an end and the economy contrary to popular belief continues to grow. If you add the large amount of underinvested cash on the sidelines, the massive level of corporate profits and plain fact that the market has basically stood still for the last 5 years a rally at this juncture seems to be more of an accident waiting to happen .