. . Last week was another week of monster builds and slashed activity in the space. Also another up week for the group as hydro carbon energy names and our renewables alike lifted. Busy week ahead as we start to get earnings reports from owned names. . We added to our Gassy Player exposure last…
Month: April 2020
T.G.I.F.
. . Market Sentiment Watch: We continue to see lockdown extensions, many that were later April or May 1 now locked until May 15 including much of the east coast and the UK. However, there are positive news items on the treatment front (see Gilead news here; company immediately cautioned about anecdotal evidence and said…
Thursday Morning – GDP
. . Market Sentiment Watch: Covid-19 Economy at peak slump. More peak slump data today. Airlines pointing to current travel levels likely being at trough; some plan to have smaller footprints on the other side of reopening (United in particular) and fall layoffs. Germany has a roadmap to reopening that begins cautiously next week with…
Wednesday Morning – GPOR
. . Market Sentiment Watch: Big day on the economic data front with a lot of really really poor data expected. Earnings starting to trickle out, see Bank of America’s and Goldman’s grim reports this morning, with energy earnings kicking off this Friday with SLB; looking for a lot of reset expectations. U.S. Covid-19 deaths…
Tuesday Morning – AR
. . Market Sentiment Watch: Market trading on hope ahead of 1Q20 earnings season. In today’s post please find: the early read on oil inventories (monster builds expected across the board), the very early read on natural gas inventories (in line with our short term supply/demand model), comments and a cheat sheet on AR, Subscriber…