Jim Colburn

Here is Ryan Dezember, Wall Street Journal, on lumber prices: ”Prices for forest products like lumber and plywood have soared because of booming

From This Week in Petroleum, here is a look at stock levels for oil and oil products:

From a percent of GDP, the expected deficit looks historically large but manageable... From the Wall Street Journal, here...

Here is a chart showing equity hedge fund performance vs. the S&P, from The Wall Street Journal’s The Daily Shot:

We saw some put liquidation in calendar spread options (WA) yesterday: Here is the Oct20/Oct21 spread:

Implied vol for WTI crude options settled down to 46.1 on Friday, a more normal number whatever that means... Average volume for June was only 97,333

Amrith Ramkumar, Wall Street Journal, discusses the decline in US oil output here... ”U.S. crude supply is falling at its quickest pace ever,

From Stifel via The Daily Shot, here...