31
Oct
Wrap – Week Ended 10/29/10
Comments will be in the Monday post along with the Monthly Natural Gas Supply Slide Show, earnings calendar for the week and more.
Archive for October, 2010
31
Oct
29
Oct
T.G.I.G.D.P.
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 […]
28
Oct
Thursday – Oil Review, Gas Preview + More Earnings
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 […]
27
Oct
Wednesday Oil Preview + More Earnings
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 […]
26
Oct
Tuesday Morning – Catalyst List + More Earnings
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 […]