CL Redux

Quote from BCE:

Good Morning :)

This was earlier obviously.

April 20, 2011, 8:59 a.m. EDT
Crude oil futires spike on Nigeria turmoil

CHICAGO (MarketWatch) -- Crude oil futures spiked Wednesday with post-election violence in Nigeria raising some supply concerns. Light, sweet crude for June delivery (NEW:CLM11) was up 1.5% to $109.90 a barrel in trading on the New York Mercantile Exchange.


& the Euros overnight erection

GM all
 
April 20, 2011, 10:01 a.m. EDT
Existing home sales rebound a bit in March

WASHINGTON (MarketWatch) - Sales of existing single-family homes and condos rebounded by 3.7% in March to a seasonally adjusted annual rate of 5.1 million, the National Association of Realtors reported Wednesday. Economists surveyed by MarketWatch expected sales to rebound to 5.0 million units in March. Sales fell a revised 8.9% in February to 4.92 million units, up from the initial estimate of an 9.6% drop to 4.8 million units. The median price of homes sold was down 5.9% from last year at $159,600. Inventories of existing homes for sale rose 1.5% to 3.55 million, representing 8.4 months' supply, down from 8.5 months in February.
 
Quote from Visaria:

The saying, "death by thousand cuts" now comes to mind!!!
:) Not a very good trading day so far. Looking for something obvious and not seeing it. Sitting on my hands mainly so far. Huge gap up days can be that way. No bad news to sell it off, but it's already up a lot. We'll see what the inventories report gets us in 15 min.
 
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