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Looking at Trends in Oil Inventories

November 4, 2009 3:00 pm

There was a draw-down on oil inventories that helped to push markets higher. (Note: Correlations these days are unbelievably high across many market segments)

We have seen these numbers see-saw on a weekly basis giving us little trend to lock onto. Clearly total inventories have been dropping as the demand has stabilized. Just as the draw-down this week was larger than expected, next week can easily show just the opposite.

Oil WoW Change 20091104

Total Oil 20091104

Disclosure: Horowitz & Company clients may hold positions of securities mentioned as of the date published.

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Written by Andrew Horowitz · Category(s) Markets, Strategy    |  Tags: •   

One Response to “Looking at Trends in Oil Inventories”

  1. Meine Analyse, Trades und das Depot - Seite 2175 - Aktienboard on November 4th, 2009 3:17 pm

    [...] Meine Analyse, Trades und das Depot Oil Invetories Charts http://www.thedisciplinedinvestor.co…l-inventories/ __________________ The Game of Buy-and-Hold: It Is Over [...]

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