Market Sentiment Watch: All eyes still on Ben's 10 am speech. He's not expected to do more than suggest that the time for more easing is drawing closer. Next week in energyland we expect increased news flow from the E&P sector (in a good way) and from the Oil Service sector (in a more […]
Market Sentiment Watch: Another slow day in a pre holiday, Ben news saturated market. Economic data before the bell was largely as expected and Draghi faxed in his Jackson Hole thoughts yesterday so I'm looking for yet another day of drift about action in the markets until Ben gives clues to his near term thoughts […]
Market Sentiment Watch: Our best thoughts and prayers are with the people of the Gulf Coast. Isaac is one big, slow moving, water pushing storm and we expect significant further flooding in the area. All market eyes that are not trained on one last trip to a non Gulf Coast beach are fixed on Ben's […]
Market Sentiment Watch: Yesterday was the lowest trading volume day of 2012 so far. This is not surprising, especially given the lack of economic data release. Instead of staring at tickers waiting for them to flash I use slow times like this to get some reading done. Or to update pieces that I see […]
Market Sentiment Watch: A little better on the data front this week than last and we have Bernanke speaking on Friday so hopium going into the long weekend should see another crescendo this week. I'm looking for another slow, end of summer week as trader's eye a longer than 3 day weekend and companies […]
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