Comment on the November 1 prediction: Turned out to be a CORRECT prediction, as prices rose on November 2-3.
Sunday, November 13, 2016, 8:00PM: Yup, volatility. Stocks rose sharply last week, first thinking Clinton was going to win, then after Trump won. In the middle of that, on election night, stock futures prices crashed from 9PM until midnight. By Friday, the Dow had hit an all-time high. Meanwhile, wholesale gas prices (and gold) got clobbered, and we are seeing retail prices below $2 all over the place, with $1.85 in Lowell. Will it last? Probably not, as it looks like $1.85 is below cost for retailers right now, but those stations above $2.10 have move to drop on Monday. Plan for the week: keep filling up for under $2, but expect a reset before the week is out. $2.19? -EA