From my readings

Oil reversed bullishly for stocks as the powers that be seem to be ganging up to help the greenback. This is one scenario that people can really buy into 1000% because it's so politically motivated. We need the dollar to rally and oil and gold to collapse or we might be in a disasterous position. The Group of 7 (kind of like the Chicago 7, but with economics degrees)meets at the end of the week and some believe they will do what they have to do to get some substantial upside momentum in the dollar. Oil and commodities should get crushed and that could set the stage for a rally. This is part of the thinking of many from my readings.