Keep an eye on Speedway in the morning

It is possible we will see a spike up tomorrow. The spike line has been crossed in Indy, Indiana and Michigan. It is -2 cents in Indy, but less than a cent in Michigan. Only history should keep it from happening. Wednesday is not the big spike day, Thursday is. Speedway will usually keep an eye on the DOE report and see if that causes the market to change course.

Keep an eye on Speedway in the morning, and the market throughout the day. If Speedway does not go up, but the market does, expect a Thursday spike.

Updated: February 3, 2010 — 12:25 am

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