Market Sentiment Watch: Three days in a row of green energy screens are far from a trend but are at least a nice change of pace. Look for a more boring session today as we have option expiry, a lack of fresh ecodata, and last minute holiday shopping or it won't be delivered on time deadlines to consider. We see the E&P names as over done to the down side but this is nothing new and we will be making some changes over the next couple of weeks in terms of highgrading. In today's post please find the natural gas inventory slide show (in line but mild weather means the YoY storage overhang is now gone with the deficit to the five year average now contracted to 7%) and some notes on the ZLT names and other names of interest on the site in terms of budgets (what we've seen so far, and what we expect) that are meant to be a general reference piece as we look at planned spending reductions and growth in the new year. And my apologies, but a belated Happy Hanukkah!
- No economic data releases today.
In Today’s Post:
- Holdings Watch
- Commodity Watch
- Natural Gas Inventory Review
- Stuff We Care About Today – E&P budget and thoughts to date
- Odds & Ends
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