Comments TBA
Month: May 2010
T.G.I.F.
Market Sentiment Watch: Hooray 3 day weekend! Watch the volume and volatility die off live, on your screen after lunch. TopKill Watch: MMS director officially top killed yesterday. Stay tuned … The real topkill is still a work in progress with BP reporting some problems with the initial work (too much mud escaping)…
Thursday – Oil Review and Gas Preview
Market Sentiment Watch: Still weird. Better than expected durable goods and housing data failed to inspire more than a few hours in the markets yesterday. However overnight an official in China stated that it was not preparing to sell down its inventory of EU bonds. Futures went wild as the euro jumped and…
Wednesday Morning Bounce
Market Sentiment Watch: Weird markets. Nicky’s Voodoo Watch: Rally came on even lower volume than yesterdays’ move down. That said thank god for a rally! Anyway resistance is at 1090,1100. I actually think we are going to make it back to the 1120 area before rolling over again. Thursday and Friday the voodoo is…
AEZ Brief
Profile of a Nascent Bakken Player: 68,000 net acres in Williams (Goliath Project) and Dunn counties, North Dakota, just west of the Neeson Anticline, in an area which would essentially be the north east corner of BEXP’s Rough Rider area. Running room for 150+ Bakken and 150+ Three Forks wells. Focus is on Bakken…