USO

A Roundup of Reactions to the Jobs Number

This morning’s jobs report?  No es bueno.  It makes the November numbers we got in early December look even more manipulated in retrospect. Oil and stocks sold off in reaction, but gold actually staged a furious comeback off the early morning’s lows.  There’s a lot more to the report than the number itself.  Here are…

Large Cap Airlines Today's Big Winners Thanks To Oil Weakness

No one likes cheaper oil more than the airline stocks.  I hate these names, never invest in them and I don’t even trade ’em.  That said, they were the biggest winners on the day thanks to the weakness in crude oil. Check it on the 5 day chart: Congrats to those who played them.  The…