Let's get stimulated!  Are you ready for a little stimulation? Stocks flop and oil drops and now we're ready for a little stimulation!

 

For oil right now it's all about demand and the perceived health of the US economy and for the US government it's all about giving away free money! Yes it's our money but all the same if they give it back to us it may stimulate us into spending it! The government taketh away and then givith back  and they seem to give more in an election year.

 

Oil failed again to close below 90 dollars a barrel giving the bulls hope that perhaps they can mount a recovery rally. Just as stocks were headed for the abyss cold temperatures set in and stocks get hopeful about good earnings from IBM and GE and the President's new fiscal stimulus package. And if the stock market tries to recover the oil might look just a little bit  better. But long term the oil market  is probably headed lower.

 

Still some may look to the oil patches earnings as another way to gage the health of the overall strength of the market.

 

Make sure you stay fair and balanced and watch me on Fox Business News today!

 

Also do not forget to sign up for your free trial of Alaronenergies and the Phil Flynn energy blast! Call me at 800-935-6487 to open your account.  Have a great weekend and stay warm!

 

We're short February crude oil  from apprx 9999! -  lower stop to 9300!!!! If not stopped out roll to March market on close.

 

We're short February RBOB  from apprx  245 - lower stop to 232!!!

 

We're short February heating oil  from apprx  255 - lower stop lower stop to 255.

 

Sell Feb natural gas at 830 -  stop 855.

 

Have a GREAT day and weekend!