Market Sentiment Watch: Payrolls deliver fairly good number when all were set to blame the weather and move on anyway. In today's post please find the natural gas inventory slide show (bigger than expected withdrawal puts storage in striking distance of the Tcf mark within two more weeks), a look at the WTI quarter (meh), and an updated cheat sheet for AR in the wake of their 4Q report last week. News flow in energyland re-accelerates next week as several more ZLT names report to finish the 4Q season (see the Stuff section below).
- Nonfarm payrolls came in at 175,000 vs a consensus forecast of 140,000, last month's reading(before revision) of 113,000 (revised up to 129,000) and talk of numbers closer to 120,000 being possible on weather,
- The unemployment rate came in at 6.7% vs 6.5% expected and 6.6% last month (making one wonder if all the economists involved just trend their estimates).
In Today’s Post:
- Holdings Watch
- Commodity Watch
- Natural Gas Inventory Review
- Stuff We Care About Today – AR Cheat, WTI
- Odds & Ends
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