Comment on the October 17 prediction: We saw a lame hike on Monday, October 24, so basically, I was WRONG.
Tuesday, November 1, 2016, 7:00PM: I haven’t been posting much lately, because gas prices have been incredibly stable. The stock market has been quiet, and the oil market, and when you get down to it, the median Clinton-Trump polling data. I think this is all about the change. Stocks are showing more volatility since Comey Friday, and there are signs of extreme fear in the stock market. It reminds me of the month before the 2004 election, as the market worked through pre-election confusion for months and then took off the final 2+ months of the year. I predict a similar track this year, with oil joining in, and hence higher gas prices. Short-term, with retail prices near or below the 0-cent margin price, I’d fill up on Wednesday for $1.99 when you can find it (south of downtown near US-131 works), and prepare for a hike by the end of the week. -Ed A.