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Wrap – Week Ended 9/30/16
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The ZLT ended the week up 6% and is up 38.6% YTD. The energy benchmarks were up 3% (gassy names) to as much as 10% (heretofore lagging OIH names) on the week. Through the first three quarters of 2016, gassy names continue to lead energy while energy far leads the up 5% and up 6% performances of the DJIA and SPX respectively.
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Question and comments under The Wrap will be addressed in the Monday post.
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Z,
More than 1/2 of LNG shipments from US Gulf [17 of 33] headed to South & Central America according to Bloomberg:
http://www.bloomberg.com/news/articles/2016-09-27/forget-asia-and-europe-south-america-becomes-home-for-u-s-gas
October 2nd, 2016 at 12:07 pmdemo-v4.toorta.com
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October 2nd, 2016 at 6:06 pmContest long SN if not taken…if so, contest long DNOW if I am allowed to since it isn't a followed name on the site. Thanks
October 2nd, 2016 at 9:49 pm