The Gartman Gauge. Works for both equities AND commodities. Haha.

Looks like some shorts taking profits then re-shorting here.

Correct, Canada would never allow it!

GE had solid results but nice effort to discount the ER

By only focusing on the negatives, any company would be a candidate for bankruptcy. I really don't agree with this list.

You write that the surplus in oil inventories is due to a weakening economy and lower gas prices. But the logic of this escapes me. From what I've been reading, the low price of oil has been a boon to the average American - equivalent to a $750 tax cut. That excess money is being spent elsewhere which will be a boost to the economy. And more Americans are taking advantage of the low prices to travel/commute more. Most business have lower costs to produce/deliver their goods and to match the increased demand are hiring more. How would all this cause a economic weakness and a decrease in demand for oil?

It is basic economics that when the price of a commodity decreases, demand for that product increases. Why would that not be the case here? What am I missing?

SIRI.....rofl.....its about to explode higher.

"All I ask, is that if this is true, where is it going." That's a good question, I don't know. Would love to hear the answer.

I can't wait for these drones to be flying all over the place!