Jumped the commodities ship, page-12

Confirmation of your previous article but on Bloomberg.

http://www.bloomberg.com/news/artic...output-retail-sales-gain-as-demand-stabilizes

Been doing some charting of the oil price. It is interesting that most precipitous drops in oil last on average around 10-14 days before a significant rally. We have had 10 days of it already from $44 a barrel on 30 Nov to $37.36 (intraday low) on 11 Nov.

I think the main driver this week will be how the FED communicates the assumed rate increase. If Grandma Yellen successfully communicates to the market they they intend on raising rates only once before another rate increase simply to see how the economy responds and that the rate raising cycle will be very slow and steady being data dependent then we could have a significant rally. If she says we are going full steam ahead and intend on 5 rate rises next year then look out.