WHY? Jobless good, crude down

Quote from belmondo:
----Why crude oil futures are lower....
----jobless claims?
Many unemployed people who had been daytrading energy and stock index futures are selling out of their positions before starting their new jobs. :cool:
 
A down tick in claims doesn't really change the employment situation materially, so crude shrugs it.

It just isn't as easy as good news = crude up, bad news = crude down.
 
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