10:00 AM ET. May ISM Non-Manufacturing report on business.
Non-Manufacturing PMI (expected 54; previous 52.8)
Non-Manufacturing Business Index (previous 53.7)
Prices Index (previous 70.1)...
If it doesn't go to 96 today after that report, nothing will!!!!
I mean, biggest economy in the world is still in a major recession, confirmed, wtf does anyone need any oil for?
/talking position , of course!!
KEY EVENTS TO WATCH FOR:
Thursday, June 2, 2011
8:30 AM ET. May U.S. Monster Employment Index
8:30 AM ET. May 28 Unemployment Insurance Weekly Claims Report Initial Claims
Weekly Jobless Claims (expected 418K; previous 424K)...
Can you tell me how you tested for randomness? Also could you give a series of performance figures (you can make them up) which would indicate non-randomness? TIA
All that would happen if you ban futures contracts on an exchange, is that it would move off exchange. Banks ,investment houses and producers would still trade forward contracts just like in currency. The loser would be the retail speculator.
I doubt if the price of oil would change much.