23
Nov
Market Sentiment Watch: Fear in charge. Chinese PMI came out light of expectations and at 48 is indicating contraction. Europe promptly sold off as did futures for the US markets. This morning Germany held a bond auction that technically failed (bids of 3.9 billion euro on 6 billion euros offered) reinforcing fears that weaker European [...]
Posted in Bakken Update, ssn, Uncategorized | 100 Comments »
22
Nov
arket Sentiment Watch: Softer GDP, Lame Super Committee, and the Same Old Europe. Super Committee admits failure and the President says he will veto any attempt to roll back the automatic triggers designed to trim the 2013 and beyond budgets. Those cuts are drop in the bucket compared to what’s needed and I would not [...]
Posted in Bakken Update | 97 Comments »
21
Nov
Market Sentiment Watch: Market set to fall this morning over a lack of progress in Europe and a Super Committee in the U.S. that has signaled it is unlikely to make its $1.2 trillion in cuts in time for the midnight Wednesday deadline. Normally this is one of the most boring trading weeks of the [...]
Posted in Uncategorized | 116 Comments »
19
Nov
People Say The Nicest Things Watch: Z, I am +10.4% on the additional KOG I bought yesterday morning. Thanks for your good analysis Zman. These are the kind of mkaret days that your hard work is justifiably rewarded. Congrats on many excellent calls over last few weeks. Those gutsy TPLM purchases really look brilliant in the [...]
Posted in Uncategorized | 15 Comments »
18
Nov
Market Sentiment Watch: Yo-Yo market may see smoother sailing after next week. Market eyes still on Europe with the rumor today being ECB and IMF are closing on a bailout fund proposal while in the U.S. concern is growing about the Super Committee’s seeming inability to agree on anything. Note that in the U.S. the [...]
Posted in Uncategorized | 108 Comments »