24
Jan
Market Sentiment Watch: China Flash PMI hit a 2 year high overnight with increasing domestic and foreign orders. News flow out of the energy sector remains slow. In today's post please find some charts and comments on North Dakota activity (don't let the falling rig count fool you) as news from a few other [...]
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Posted in CLR, SJT, Uncategorized | 119 Comments »
29
Nov
Market Sentiment Watch: Market of the moment, moving with the whim of congress. This keeps our activity levels somewhat subdued as headlines swing in the morning from "Stocks Fall on Cliff Worries" with all news sources reflecting doom to "Stocks Rally on Cliff Hopes" by the afternoon. Silly action. Commodities largely took it on the [...]
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Posted in eog, kog, nfx, nog, RRC, SJT, Uncategorized | 185 Comments »
21
Jun
Market Sentiment Watch: Bernanke Twisted, the Market Shouted (specifically they shouted "Give me something new Ben!"). Last night HSBC China PMI showed another drop to 48.1 in June vs 48.4 in May, a seven month low, and the third month below 50 … I'd point out that Chinese crude demand hit a record just last [...]
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Posted in SJT, swn, Uncategorized | 171 Comments »
20
Jun
Market Sentiment Watch: Europe should take a back seat for a few hours today as all eyes are on Ben with the market lusting after additional stimulus or hints of stimulus. From Europe the market just wants a coalition Greek government and then a promise that Germany will consider In energyland things remain somewhat bouncy [...]
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Posted in exxi, SJT, ssn, Uncategorized | 176 Comments »