Clearcoated...gasoline futures...good article... Also, today they released inventory numbers. Oil reserves barely declined while gasoline reserves increased 6M barrels. Hmmm (especially when refineries were only running at 92% of capacity). Sounds like huge amounts were imported in to make the market flush with gasoline. Why? Because the stock market loves two things...no changes in politics and having people flush with cash for the Xmas season. That's why consumer confidence is unexpectedly high and the Dow will break records. The conclusion is that there are always forces behind closed doors at play.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.