. . Market Sentiment Watch: Short, normally quiet week continues with group under pressure. In energyland oil volatility should begin to decline soon but the energy groups remain fairly traction-less in the wake of OPEC last week. We expect them to gain traction near term. In today's post please find an comments and an updated cheat sheet […]
. . Market Sentiment Watch: Much busier week on the economic data front. In energyland we are in the post OPEC oil stabilization period. The groups as noted in The Week That Was section below were off sharply last week on a less than 2% move lower in oil. We see this as an over […]
. . Questions and comments under The Wrap will be addressed in the Tuesday post. The Blotter is updated. .
. . Market Sentiment Watch: OPEC / Non OPEC announced the as expected 9 month extension. Oil and the group sagged. We see this as short term thinking with the pace of already shrinking crude stocks about to accelerate as the globe hits its much higher seasonal demand stride in the second half of the […]
. . Market Sentiment Watch: We are posting early in the morning and will have comments from the OPEC coverage beginning around 4 am EST. The energy groups have been in a fairly narrow trading range for weeks now in front of this meeting as oil has begun to gently rise while U.S. inventories have started […]
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