Thursday, January 18, 2018

Thursday, January 18, 2018; First Time Unemployments Claims Drop 4X Forecast

Let's start out with this for the day, from The Washington Post, putting Apple, Inc, in perspective -- LOL --


Jobs: link here -- 45-year low.
  • prior: 261K
  • forecast: 250K
  • actual: 220K
  • 4-week moving average: 244,500
  • new claims: down an incredible 41,000; the forecast was for a decline of 11,000
I can hardly wait for the mainstream media spin later today, if they even dare talk about it on the anniversary of Trump's first year.

Dow futures: slightly to negative to slightly positive overnight; after jobs report, Dow futures up 21 points.

Back to the Bakken

Active rigs:

Active Rigs583849157187

RBN Energy: the rejuvenation of natural gas processing economics, part 3.

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