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Daily Oil Market Recap: December 28

Tyler Durden's picture




 

Submitted by Cameron Hanover (pdf)

 

 

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Tue, 12/28/2010 - 19:27 | 834651 ewmayer
ewmayer's picture

No, no, no, it's not the weaker dollar, it's in response to "the strengthening global recovery and robust supply/demand metrics." And just as lower mortgage rates and oil prices were great for the economy when both were trending lower, so higher mortgage rates and $100+ oil are really great for the economy now that both are trending that way. Get it? Got it? Good.

Tue, 12/28/2010 - 19:52 | 834692 Cdad
Cdad's picture

Perfect.  You nailed it.  I think you should become a criminal syndicate Wall Street banker.  You seem like a natural candidate. 

And if you became one, you could computer arbitrage the crap out of every one's home, pump up oil with futures trades, and open me a tab up at the Roach Motel [SPY] where I could drink on the tax payer's dime for free and get blotto while folk in fly over country piss off and pay up.

Just an idea.

Wed, 12/29/2010 - 03:41 | 835222 Arkadaba
Arkadaba's picture

Oil went up as did the Canadian dollar (at par with US again). One correlation that hasn't broken down.

Wed, 12/29/2010 - 03:49 | 835227 Arkadaba
Arkadaba's picture

double

Tue, 12/28/2010 - 21:25 | 834848 topcallingtroll
topcallingtroll's picture

I'm calling a top here.

Wed, 12/29/2010 - 07:00 | 835300 LudwigVon
LudwigVon's picture

lol

Tue, 12/28/2010 - 21:33 | 834862 no cnbc cretin
no cnbc cretin's picture

Peak Oil is real.

Wed, 12/29/2010 - 11:46 | 835650 TheProphet
TheProphet's picture

Real in concept, but as elusive as Chupacabra.

Tue, 12/28/2010 - 23:21 | 835000 bankrupt JPM bu...
bankrupt JPM buy silver's picture

ya, off topic, but I just clicked on the "chase' advertisment on the front page..heheheh, fuckers.

Wed, 12/29/2010 - 00:43 | 835105 HarryWanqer
HarryWanqer's picture

"Consumers are clearly still anxious about the future."

That's been the problem from the very beginning.  If consumers would act rationally and not worry about what could happen 5-10 years from now, we'd be better off.  Let the professionals evolve the future.

Wed, 12/29/2010 - 03:35 | 835218 Arkadaba
Arkadaba's picture

OMG

Wed, 12/29/2010 - 11:45 | 835647 TheProphet
TheProphet's picture

Yeah, because after all, the professionals have done such a bang-up job over the last 10 years.

Harry, in your desperation for a response, you've gone from saying things that are provocative to saying things that are just plain stupid.

I rather enjoy your counterpoints. You're better than this. Refocus.  

Wed, 12/29/2010 - 01:32 | 835147 putbuyer
putbuyer's picture

Ben causes more tax pain than anyone. It seems that our Gov't wants to kill us off. Watch while we Kill each other for sustanance. Maybe they feel too many people on the earth or it's just having fun watching the sheep kill each other. Barry the marxist it's always the end justifys the means. Goodbye Grandma. Guns and amo is all thats left. GL

Wed, 12/29/2010 - 03:34 | 835217 Arkadaba
Arkadaba's picture

Hey guys, I have a few questions that might best be answered on a stock market 101 blog and not here. Feel free to redirect.

But in terms of government stats - is there a standard sample size (understanding might be differerent for businesses and consumers)? And are the formulas for each US gov measure publically available? And does the gov agencies publish the variables? And would be good to know the variance in the various measures.

I work with web data - sample size and confidence levels are an ongoing research project. 

Any pointers are welcome.

And yeah, need to take a course.

Edit: Trying to figure out 1% in one report versus -.25 in another

Wed, 12/29/2010 - 04:48 | 835259 hugovanderbubble
hugovanderbubble's picture

Morning Tyler and Zh Team

Please Feel Free to Use and Ampliate this Chart Idea

http://www.rankia.com/foros/bolsa/temas/637913-grafico-que-gustaria-compartir-todos-usdchf

 

Regards,

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