31
Oct
. . Market Sentiment Watch: BOJ introduces somewhat unexpected stimulus and futures are surging. This also is driving the dollar higher and crude back towards $80. In energyland, nervous energy group conditions persist. We continue to see current energy group action as the ongoing formation of the "sideways trade" in both E&Ps and Oil Service […]
Posted in SYRG, Uncategorized | 119 Comments »
30
Oct
. . Market Sentiment Watch: Nervous broad conditions persist. FOMC statement yesterday prompted a dollar rally that reined in oil prices late in the session which along with a concurrent drop in the broad markets yielded a move from a bright green to light green day for the group. And the sideways move following the […]
Posted in AMZG, EMES, OII, PVA, RRC, Uncategorized, wll | 112 Comments »
29
Oct
. . Market Sentiment Watch: Nervous market conditions persist. Energy land trying to find traction as oil does. As our owned names and names of interest report we will continue to keep our eyes on the ball, listening to the usual 50+ calls for the quarter and make note of outlying comments. From SYRG we […]
Posted in nfx, SM | 133 Comments »
28
Oct
. . Market Sentiment Watch: Nervous energy market conditions continue but this continues to look like the formation of the expected sideways trade. In energy land, the Goldman dual sector punt (E&P and Service) left gaps in all our charts. Meanwhile, OPEC remains fairly quiet and we don't expect the more vocal members to voice […]
Posted in CRZO, SYRG, Uncategorized | 124 Comments »
27
Oct
. . Market Sentiment Watch: Nervous energy market conditions continue. In energyland, analysts are throwing in the towel on oil prices and the the E&P group. While we've said that analysts lowering their oil price decks and targets is part of the process of bottoming the group we'd note that some decisions to cut everything […]
Posted in Uncategorized | 120 Comments »