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Market Sentiment Watch: European sovereign debt freakout day 2? Nope. In energy land, another day brings another deal in the Williston Basin, see the Stuff section for comments on TPLM's latest purchase. Today through Thursday we get presentations from a number of our favorite names at the UBS Oil and Gas conference and I expect [...]
Market Sentiment Watch: European sovereign debt concerns prompt early equity and commodity weakness, market still touchy. Last week was a flat one for crude and natural gas, in the States and overseas (Brent closed flat to the penny), despite some mid week volatility. Crude products ended off sharply suggesting the coming ramp in refinery [...]
Market Sentiment Watch: Bad economic data spoils the 1 day recovery in stocks. As I said earlier this week and the last couple of weeks, it's hand sitting time for me. Yesterday's slight pull back in our group was actually good in that A) it was slight, and B) it continues the consolidation period that [...]
Market Sentiment Watch: More buoyant markets. Yesterday was a welcome relief from the recent spate of red days as the EIA reported some price supportive data (see Oil Inventory Review section below) including the near term minor rebound in gasoline demand I was looking for. This will like support prices for a few days [...]
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