30
Jan
Market Sentiment Watch: Egypt is front and center in the market's eye today. Other spots in the area are apparently heating up in terms of protesters on the Street's, ticked off about lack representation. Yemen and Jordan have little in the way of oil production but Algeria is not an insignificant player within […]
Posted in chk, Natural Gas Supply, ssn, Uncategorized | 149 Comments »
29
Jan
Much Ado About Nothing. At least that's the story of the past week's return trip to S&P 1,300 and Dow 12,000. We came, we rose, we got sacked by riots in Egypt is another way of looking back at the week. GDP was fine and final sales were beyond anyone's expectations. But turbulence in the […]
Posted in Uncategorized | 18 Comments »
28
Jan
Market Sentiment Watch: 4Q10 GDP came in at +3.2% vs a consensus forecast of +3.5%. Spending however was stronger than expected. In energy land, we should get natural gas supply numbers out of the EIA for the month of November (my lack of calendar using skills had me expecting this yesterday). I'll have the Natural […]
Posted in bexp, gmxr, Uncategorized | 209 Comments »
27
Jan
Market Sentiment Watch: What a difference a day makes. But what really happened yesterday? New homes sales came in better than expected for December capping the worst year for new home sales since 1963. EIA released a mixed bag of oil inventory numbers and crude bounced simply because it had retreated sufficiently over the last week […]
Posted in bexp, rexx, Uncategorized | 173 Comments »
26
Jan
Market Sentiment Watch: Equities have been a bit sloppy but I'm sensing no sense of panic, more just fairly orderly digestion recent gains. Oil has been coming back into what I'd call my comfort zone in the mid $80s. In energy land today we get our first look at a Major's earnings for the quarter […]
Posted in hal, ssn, Uncategorized | 233 Comments »