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I appreciate any effort that penalizes hoarding.

Costco has made an announcement. All of the toilet paper, paper towels, hand sanitizer, wipes, Lysol, water bottles, and rice hoarded by people by the cart and truck full will not be taken back. Signs in the store read (in all caps), "RETURNS WILL NOT BE ACCEPTED ON TOILET PAPER, PAPER TOWELS...

May Crude trading down $1.08 and Sept Crude trading up $0.06 last. Super Contango daily moves.

Cheesecake Factory paid restauranteur Sam Fox $441M (October 2019 closing, cash payments of $88M and $308M) for some stores and his brains. And now they want to skip out on rent for their legacy stores. I was almost ready to feel sorry for the CEO’s heartfelt clickbait headline - until I did a...

The hard hitting NY Post.

The CME doesn’t relocate prop firm traders. And the vast majority of proprietary trading firms are not Direct Clearing Members.

$16 for a pasta entree and $10 for a few sliders on a plate appetizer. Their expenses must be atrocious. Oh, the humanity. Oh, wait. The Cheesecake Factory made payments of $88M and $308M to Sam Fox in 2019, and now six months after that deal closed they’re going to skip out on RENT...

On this second day of the equities rally, May Crude -$1.08 and Sept Crude +0.06 last.

Make Blind Trusts mandatory for all lawmakers.

Post of the WEEK. Brilliant. :thumbsup:

And yet his national polling numbers are up ten points since the crisis started...

I wish you good fortune !

The “normal” gasoline forward curve is a Contango Summer and Backwardation Winter. At present we have two depressed prompt months and then EXTREME Contango for the balance of the strip.

Been that way since 2008. QE-1, QE-2, QE-3, blah, blah, blah... Tough to lose money when there’s an eternal bid from the Fed.

The entire hydrocarbon curve is in an incredible backwardation flex :strong:

It's all about power. And they all do it. Do as I say and not as I do. D's and R's... No political party has the high ground on this soft (hard to me) corruption.

It tells me that beyond the summer driving season, that Commercials give our present pandemic troubles to last about two months. ;)

The forward curve away from the prompt months is trading at a significant premium. Which tells you quite a bit. https://www.cmegroup.com/trading/energy/refined-products/rbob-gasoline.html

Follow the gasoline crack spread.

That’s not the forward curve. For example, at 8:06am May20 is +0.51, Sep20 is +$1.01 and Dec20 is +$1.15 https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html