Business and Energy Inventories
DOE CRUDE: +1.07M V +2.5ME; GASOLINE: +1.75M V +1.6ME; DISTILLATES: -166K V -1.5ME; UTILIZATION: 85.1% V 84.3%E
December Business Inventories: 0.6% V 0.5% expected
- no revision to prior 0.4%
The market’s reaction to these numbers has been fairly muted. Maybe everyone is too busy watching the Congressional hearings on steroid use in baseball. We’re not a political blog, but Congress has bigger problems to deal with and should get their nose out of my favorite sport.
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great blog,and yes congress should worry about their own problems.
Thanks!
I love it when you are angry, Lisa.
Hi, Dave- Missed you around here. Played any solar stocks lately?
Thanks, Lisa.
Nope….I missed all of the recent solar stuff. You know me, I only dive in when I am fully convinced of a direction, and then I move in very aggressively. I have not been convinced of much recently so I have been sitting on the sidelines with almost all cash. I have made a few small short term trades with the QID when the market has an up day, but for the most part I have been watching and waiting.
I like the DXD play that you guys have put out.