Month: October 2010

Comments will be in the Monday post along with the Monthly Natural Gas Supply Slide Show, earnings calendar for the week and more.

  Market Sentiment Watch: Advance 3Q GDP of 2% vs 2.1% expected.  Hello QE2. Energy earnings continue to roll out. The group feels a little bit tired and continues to, with few exceptions, trade in step or a little weaker than the broad market. We get another monthly reading on natural gas supply later this morning which could…

Market Sentiment Watch: Tomorrow we get 3Q GDP and I'd expect subdued trading today before it. While tech may be mourning AAPL's declining profit margins energy seems more reluctant to make a significant move here. All eye s are on crude which is a bit silly as it is out of running room unless the…

  Market Sentiment Watch: Out of gas. Technicals are driving a push towards 1,200 on the S&P but there is strong sense of malaise hanging over trading as we approach 3Q GDP on Friday, the elections next week and the Fed's probably push for more easing in a flight from deflation move.  Ecodata Watch: Durable…

Market Sentiment Watch: Boring trading, still feels like the S&P is targeting 1,200. For the rest of the week we will see increasing news flow out of energy names but the market is likely going to trade in a relatively narrow range until Friday's GDP number. We got the boost in the distribution at LINE…