Market Sentiment Watch: YoYo market engaged as sanctions on Russia worries everyone. Oil inventory report fueled oil bounce yesterday and the E&Ps and Service names yoyo'd back into favor. This morning the broad market futures are sharply lower on Russia while oil futures are up on … Russia. Expect more volatility before we get into the thick of the 2Q14 reporting season over the next couple of weeks. In today's post please find the oil inventory review, the natural gas inventory preview, comments on the AMZG operations update, the BHI quarter (strong stuff) and some other odds and ends.
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We get Jobless Claims at 8:30 am EST (F = 310,000, last read was 304,000),
We get Housing Starts at 8:30 am EST (F = 1.02 mm, last read was 1.00 mm),
We get Philly Fed at 10 am EST (F = 16.5, last read was 17.8).
In Today’s Post:
Oil Inventory Review
Natural Gas Inventory Preview
Stuff We Care About Today – - AMZG, BHI
Odds & Ends
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