Is Barron's $20 Crude Oil Story Bullish?

The higher opening in crude oil Wednesday was negated by a much weaker than expected Retail Sales report as stocks were hammered once again. The weak sales seem to be in conflict with other data on the consumer, which suggests they are more optimistic than they have been in many years. We get new inflation data today and tomorrow, but I will be even more interested in the mid-month Consumer Sentiment report from the University of Michigan. If it comes in significantly higher than the consensus e...