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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (18808)3/15/2017 10:31:41 AM
From: The Ox  Read Replies (1) | Respond to of 33421
 
NG futures are currently 84% above the washout low from early last year.
Heating oil futures are 78% above and Crude futures are 87% above.

Even though the energy complex has seen prices drop dramatically over the past couple of weeks, it's important to look at them within the "intermediate" price range of the past 2 years, IMO.



To: John Pitera who wrote (18808)3/15/2017 11:50:26 AM
From: Chip McVickar1 Recommendation

Recommended By
Hawkmoon

  Read Replies (5) | Respond to of 33421
 
Hi John - Treasury Cash Reserves

Could you and your thread add some insight to this statement -
Why would the cash reserves of the treasury decline so quickly...???

It clearly appears that the Treasury has been getting rid of its cash reserves which stood at $435 billion before the election.

Since January 20th... the Treasury’s cash has vanished - collapsing rapidly down to $88 billion.
The massive drain of cash has been deliberate. Never has such a raid decline taken place.

Also, with the deficit ceiling review about to take place in the congress - Any idea what's going on...?

Chip