The rally remains on hold and with the Euro having cracked the correction will need some time to play out.  Higher morning futures followed by vicious afternoon sell-offs have been a hallmark of corrections in this cyclical bull.  Be careful and be patient.

Excellent perspective in Gold From The Top Down by J.C. Parets.  The precious metal complex was higher yesterday…

A look at SU and old friend CNQ at Business Week.

As Chesapeake has an earnings call, there’s definitely something — and somebody — missing at Platts.  Felt like a spoof…only true.