. . Market Sentiment Watch: Market needs a pause in our view, Energy eyes warily watching OPEC+ comments prior to the meeting next week (which may or may not get delayed). Please also note our product glut comments noted below. Air travel showing some more signs of a heartbeat. In today’s post please find: the […]
. . Market Sentiment Watch: Did not know yesterday was National Nurses Day. Definitely a loud shout out to all nurses with a big thank you! This is a high volume reporting day. Some of our comments are more brief than usual. If something is not clear please ask in the comments section. In today’s […]
. . Market Sentiment Watch: Mnuchin says unemployment could reach 20% without action. The U.S. is working on a plan to get money into the hands of households ASAP. Jobless claims tomorrow and next week may be eventful for the first time in a long time. China says new Covid-19 cases have ground to a […]
. . Market Sentiment Watch: Sloppy market conditions to continue after the U.S. announces first apparent community transmission of the virus. Administration officials put a vaccine at 12 or more months out. International spread also breading additional market panic. Meanwhile, in the energy space oil continues to sink as demand continues to slow and we […]
. . Market Sentiment Watch: All eyes on Trump and Iran. De-escalation at hand? In today’s post please find comments on the Iran/Iraq/U.S. situation (Z4 Overnight Poll U.S. reaction results point to warning but no action), the oil inventory preview (consensus looking for another week of crude draws and product builds; after the close API […]
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