Tuesday oil trading action is dominated by transitions to the December contract for West Texas Intermediate. Price action is undecided, nearly directionless, monday was pretty bearish, and this morning's trades suggest there is nothing to offset that mood today.

Richard Hastings

Categorized in : Energy

The holiday is clearly growing in importance for the industry. Halloweens fun, enjoyable and doesn't require a big investment to celebrate. The primary focus is the child and families typically do all they can to make sure the children have fun.

Richard Hastings

halloween fun children

Halloween will be a slam-dunk for merchants despite the weakening... by Richard Hastings

Halloween will be a slam-dunk for merchants despite the weakening consumer spending trends.

Richard Hastings

slam halloween trends

Halloween this year falls on a Friday. That should be helpful for retailers because the party carries into the weekend.

Richard Hastings

halloween friday party

We had a strong back-to-school season and discretionary spending on low-priced items has trended higher. These are good indications for Halloween, which typically sets the tone for the rest of the holiday shopping season.

Richard Hastings

halloween strong school

The market doesn't know where the price of oil is going to be and probably doesn't know where it should be, and so it's open to some major price fluctuations.

Richard Hastings

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The OPEC demand forecast for 2016 ... suggests some concern about the strength of demand next year. We are primarily wary of this risk.

Richard Hastings

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