Market Day

The EUR did bounce. This should be an interesting week in the Energy complex. With one Papa heading to the afterlife one supposes, the financial Papa gave warm fuzzy feelings in remarks today at an energy confereence. I would expect heating oil to fall with warm weather finally arriving. But the timing is a question. The weekly inventories on Wednesday may show tight stocks for distillates but that must be a selling opportunity. The question is whether the market wll wait and rally oranticipate with warmr weather arriving. Stocks rising. I will go out on a limb and say this will be short lived.

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