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Dr. Fly

18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.

FLASH: NASDAQ FUTURES TURN GREEN

U.S. futures are reversed steep losses of more than 3%, currently in the green by 1 on the Nasdaq and 8 on the Dow.

UPDATE: They are back down 9.5 and 48 on the Dow. It’s a very thin and volatile futures market right now, but still well off the lows.

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As Oil Declines, Crack Spreads Hit New Highs

Crude is outstripping losses in gasoline, diesel and heating oil, helping improve spreads for refiners. At the moment, 321 cracks are up 5% to $35—new highs.

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