Comments to be added Sunday.
Month: February 2010
T.G.I.F.
Sentiment Watch: Yesterday started about as weak as possible and recovered by the end of the day to close mostly green on energy names. I was especially pleased with the ferreting out of value by our community yesterday in a number of names where conference call tidbits pointed up while the stocks were mired…
Thursday – Natural Gas Preview and Oil Inventory Review Plus More Earnings
Sentiment Watch: Cautious to Bearish. Jobless claims cam in at 496K vs 460K expected. Durable goods orders for the month of January came in at 3% (on aircraft orders) vs a 1.5% forecast. Going to be an ugly open. In Today’s Post: Holdings Watch Commodity Watch Natural Gas Preview EIA Oil Inventory…
Wednesday – Oil Inventory Preview Plus More Earnings
Market Sentiment Watch: Weakened by weak sentiment, very hesitant trading. This morning load demand for homes fell to the lowest level since 1997 and the only thing keeping futures from sliding further this morning is expected testimony from Bernanke today. We also get January new home sales data at 10 EST (forecast of 355K vs…
Tuesday – Whole Lotta Earnings
Market Sentiment Watch: Jittery. Back to watching government machinations more than the economy again. We have a number of earnings calls today but there is not a lot of earth shaking news in the quarterly releases. The conference calls should be more illuminating, especially for HK, with regards to potential stock drivers. We get…