Market Sentiment Watch: Chinese official PMI came in well below expectations at 50.4 actual vs 51.3 expected sending futures tumbling early and then Nonfarm payrolls fell completely out of bed this morning. Obviously looking for a blood red opening followed by increased talk of stimulus in the US and China. In today's post please […]
Market Sentiment Watch: YoYo market continues with most names in the ZLT noticing higher lows. Europe should shift somewhat more to the background for the rest of the week as U.S. data piles up (see below). We also get both the natural gas and oil inventory reports today. In energyland things remain quiet in this […]
Market Sentiment Watch: Yesterday was a nice way to come back from a break, we should do this more often. A lull on the economic data front in the U.S. leaves China (weaker than expected stimulus effort) and Europe (more Spanish worries as the country's debt is downgraded but for now it looks likely […]
Market Sentiment Watch: Welcome back. Busy, busy, busy on the economic data front in the U.S. this week culminating in nonfarm payrolls on Friday. Austerity talk in Greece and the direction of their polls for the coming election held sway over futures overnight so a little flood of economic data will be a relief. […]
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