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Yes, it did...rightly so, trend traders made much more than my 3points today! Trinti?? You mean her?, the awesome , one and only....not too tall, not too short, just right Carrie Ann Moss
Can you help answer these questions from other members on NexusFi?
A major point that just hit me tonight. This is the first time I can remember thinking about trading tomorrow and feeling like I knew everything was going to be OK, no matter what happened.
Sitting here with Melissa on the side porch of Pete's house. Raining, breezy.
I a not going to say anything about Mleissa's pajamas. "You bought 'em, right?" I just caught from her as I read aloud while typing. George Benson style. Not really. He killed it.
"This is what it is?" popped in my head. That moment when the world shifts. Only for me, that moment I mean. The real shift is I feel relaxed. No, tolerant maybe.
WTI Trades Near One-Week Low as Stockpiles Rise to 82-Year High
By Ben Sharples - May 1, 2013
West Texas Intermediate crude traded near the lowest level in more than a week after government data showed U.S. stockpiles climbed to the highest in 82 years.
Futures were little changed in New York after slumping 2.6 percent yesterday, the most in more than two weeks. U.S. crude supplies increased 6.7 million barrels last week to 395.2 million barrels, the most in weekly data started in 1982, figures from the Energy Information Administration show. According to monthly data, they were last at this level in 1931. Inventories were forecast to climb 1.1 million barrels, a Bloomberg News survey showed.
WTI for June delivery was at $90.87 a barrel, down 16 cents, in electronic trading on the New York Mercantile Exchange at 10:15 a.m. Sydney time. The volume of all contracts traded was 60 percent below the 100-day average. Futures tumbled $2.43 to $91.03 yesterday, the biggest drop since April 15 and the lowest closing price since April 23.
Brent for June settlement slid $2.42, or 2.4 percent, to $99.95 a barrel on the London-based ICE Futures Europe exchange yesterday. The front-month European benchmark ended trading at a premium of $8.92 to WTI. It closed at $8.91 on April 30, the narrowest gap since Dec. 30, 2011.
U.S. gasoline supplies dropped 1.8 million barrels last week, figures from the Energy Information Administration show. They were projected to decline 900,000 barrels, according to the median estimate of 11 analysts in the Bloomberg survey.
To contact the reporter on this story: Ben Sharples in Melbourne at bsharples@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net
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®2013 BLOOMBERG L.P. ALL RIGHTS RESERVED.
Faded the high around key resistance for a mean reversion trade. Considered going for the other side of the TPOS, but ok with where I was. Price is still riding above ETH VWAP fairly solidly, and ES is strongly above RTH Vwap. Major and preferred support held yesterday, so trend to me remains up, and as of now crude is OTFing higher, so my short to a target seemed conservative. We did open in range, but above value, and ES has seen a nice rebound.
That is better to be answered by @Deucalion since I don't really trade ES, but I am happy to help with crude if you ever need it. Great colors. Very calm.
