Birinyi Mailing List

  • Stay in the loop:
    Subscribe to Birinyi's free mailing list
    Email:

Online Brokers

RSS

  • Subscribe in NewsGator Online
  • Add to My Yahoo!

« September 22nd Blogger Sentiment Poll | Main | RIMM Down on Earnings »

Comments

I have always been fascinated about how the oil market works. I'm starting to believe more and more that, in fact, it has no rules to be obeyed.

Moves by the CFTC to try and regulate the oil trading market and prevent the kind of speculation which has seen crude oil prices rise from $30 per barrel back towards $70+ this year took an interesting twist yesterday when it was announced that the weekly COT data would now include new details on the aggregate holdings of the big Wall Street dealers, hedge funds and other financial participants. COT data is a useful market sentiment tool but as many of the market participants both hedge and speculate it has become increasingly difficult to analyse. According to the CFTC the new format will be making its debut next Friday.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)