03
Nov
Wrap – Week Ended 11/02/12
The natural gas supply and demand slide shows will be in the Monday post along with The Week That Was.
Comments on various items in the wrap will be incorporated into the Monday post
The calendar for 3Q12 energy earnings week 4 will be in the Monday post and on the Calendar tab by Sunday evening (another busy week ahead).
On Research, Media, Information Sources ….couldn't agree more..
November 3rd, 2012 at 9:49 amhttp://www.ritholtz.com/blog/2012/11/information-sources/?utm_source=dlvr.it&utm_medium=twitter
re 1 – very good stuff, have to run out but agree with almost all of that, and I'd agree with comment 6 as well but would expand on it. I write to collate thoughts and for myself but the read is key in that they ask questions that take my thinking in new directions, not just new names but also into areas within the macro that I might need to dust off.
November 3rd, 2012 at 9:54 amWell, this will be fun RT @AP: BREAKING: Israel military says 3 Syrian tanks have entered DMZ in Golan Heights"
November 3rd, 2012 at 9:58 amre 4 – not to joke but next headline likely to include the words "hellfire missiles" and "3 explosions"
November 3rd, 2012 at 10:02 amand 3 would get back to my comments the other day that Iran has been too quiet as oil prices have retreated.
November 3rd, 2012 at 10:05 am
November 3rd, 2012 at 10:18 am#1 related http://blogs.marketwatch.com/great-columnist/2012/10/29/the-price-of-paying-attention/
#4 pretty funny anyway ……..lol
November 3rd, 2012 at 10:19 amFree HK stuff, nothing has changed except that the 2013 volume view is firmed up by their Bakken add the Monday after this piece was written. Scroll to bottom for comments on the Neutral initiation by Goldman
http://seekingalpha.com/article/934831-halcon-resources-an-oily-hawk-that-s-cheaper-than-you-think
November 3rd, 2012 at 10:28 am#1-excellent post, zorg-writers of quality are very few; cable/network TV useless-I do find some of Bloomberg's video shorts on its site somewhat informative but you have to be selective;
November 3rd, 2012 at 12:06 pmagain, very time consuming to sort out the BS and try to find the quality stuff; sorting thru Minyanville, RealClear markets, etc
Thanks again for the post.
#9…my pleasure.
November 3rd, 2012 at 2:34 pmThe article hit on a number of issues for me as well..
Crude Oil Futures…
November 4th, 2012 at 11:10 amTrading heavily with negative demand volume in all time frames..
http://www.charthub.com/images/2012/11/04/Crude_Composite.png
Nat Gas Futures…Breaking support and returning to long term acceptance. Longer term demand volume still positive. DeMark extreme oversold setup on daily time frame likely on Monday.
November 4th, 2012 at 11:14 amhttp://www.charthub.com/images/2012/11/04/NG_Composite.png
XLE rejected at resistance and followed general market lower to long term acceptance..demand volume not supportive. Lower testing likely.
November 4th, 2012 at 11:29 amhttp://www.charthub.com/images/2012/11/04/Stock_Weekly_3.png
OIH rejected long term acceptance as too high. Volume demand negative. Likely to test support marked on chart.
http://www.charthub.com/images/2012/11/04/Stock_Weekly_3_2.png
XOP continues to trade above long term acceptance. Demand volume suggests another test of acceptance at 52.73. Support marked on chart.
http://www.charthub.com/images/2012/11/04/Stock_Weekly_3_3.png
FCG…Gas stocks lost volume and trend support last week. Now trading within long term congestion. Resistance at 17.18
November 4th, 2012 at 11:36 amhttp://www.charthub.com/images/2012/11/04/Stock_Weekly_3_5.png
The Monday Post:
The Week That Was
The 3Q12 energy earnings week 4 calendar
The natural gas supply and demand shows.
November 4th, 2012 at 1:17 pmThe energy earnings calendar for the coming week is posted here:
http://zmansenergybrain.com/subscriber-data/calendar/
November 4th, 2012 at 7:15 pmThe ZLT Blotter is updated
http://zmansenergybrain.com/subscriber-data/zeb-zlt-blotter/
November 4th, 2012 at 7:21 pmThe Natural Gas Supply and Demand Slide Shows with the most recent data available are now updated on a link at upper left called Macro or can be viewed by clicking here:
http://zmansenergybrain.com/subscriber-data/c-large-cap/
November 4th, 2012 at 7:28 pmOver the weekend South Korea shuts down 2 Nuclear Reactors @ one power generating facility, due to discovery of uncertified components, and this will cause significant power shortages as both shutdowns. We're unplanned.
November 5th, 2012 at 6:08 amS. Korea has had 23. Reactor problems in the last 6 months…….more Issues likely going forward
per BBC report