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Matthew Bradbard's tweets

My Valentine 2/14/12
02/14/2012 - 5:47pm

Making money in commodities is nice but allot sometime today to spend with loved ones! Crude's gain today was minute but intra-day prices were at three weeks highs approaching the $102 level.

Echoing yesterday's thoughts we should inch higher near the $104 area in the coming weeks but I do not see much more than that especially in the face of a strengthening greenback.

Prepare For NFP 2/2/12
02/02/2012 - 6:08pm

I think the number is fabricated but nonetheless it is market mover so prepare for tomorrow's jobs number. As of this post Crude is lower by 1% about in the middle of today's range trading lower for the seventh consecutive day. I think we see an additional $3-4 retracement before we run into serious support.

If that assumption is correct expect heating oil and RBOB to lose 10-15 cents.