Obama's report card European Studies B-

They all make nice to  our idealist President who is clearly learning on the job and could be argued that his is the hardest job-It is clear he relies upon so-called financial geniuses that he has hired so expect many more mistakes to come-but you get the sense this guys is trying and for what t s worth  hope he succeeds. 
European love-fest aside lets see what this trip accomplished - Well not much
He did not get any help in Afghanistan and the Korean did everything they wanted and will probably get something out of this threatening behavior of theirs. Yes a lot of good will and common goal were underlined at the G-20- At the end of the day everything is whet it was.


As to oil  Sunday night Globex action looms once more and we will be back we are again closer to the top of the buy channel so we are naturally closer to being a seller our resistance points areb 52.87  and 54.75  We don't recommend just blindly putting sell orders at those levels they are reference points- If the futures are screaming offer higher if they are getting crushed we will probably sell the open oil will both revisit 54 and 45 in the near future my job is to navigate you to profits and plot the course of these fluctuations.

  please read below written lSaturday afternoon