Oil inventories = Bad for Stocks

• 10:36 a.m. U.S. gasoline supply down 6.2 mln brls
• 10:36 a.m. U.S. distillate supply up 500,000 brls
• 10:36 a.m. U.S. crude supply up 9.4 mln brls last week

Well talk about an outlier on the high side......

Where do we go from here analysis:

HUGE draw can only mean:

1. NO demand or activity thus no growth = BAD for stocks
2. Huge glut will mean OPEC production cut and thus HIGHER prices = BAD for stocks
3. Gasoline supplies actually down meaning HIGHER gas prices screwing the consumer =

Bad for stocks