David White: No matter what the jobs number tomorrow, the bad retail data (-.3%) for Nov, and the contracting ISM services (48.7) for Nov will push down.
Thu, Dec 03, 2009
David White: S1 on MOS today is $58.83. Might move close to this by the end of the day if market falters. ISM numbers showed contraction. Retail bad Nov.
Thu, Dec 03, 2009
David White: Time for a move. Oil inventories are up. Missed badly on jobs lost. Missed on ISM yesterday. Should be a down move.
Wed, Dec 02, 2009
David White: If the EIA data tomorrow back up the API data today, that ought to push oil down strongly, esp. with flat US car sales and an ISM miss.