Thursday, September 2, 2010
ISM into the wild blue yonder flying high into the sky. Where the heck did that come from? The Institute for Supply Management gave the market just what the doctor ordered with a shocking good reading on manufacturing. Why was it so shocking? Well some of the regional manufacturing reports like the [...]

Wednesday, September 1, 2010
Earl, the Grinch that Stole Labor Day. All of the Who’s down in Whoville may be safe but it seems Hurricane Earl is bent on washing out and stealing their Labor Day fun! The holiday weekend may wash away for many states up and down the East coast. As Hurricane Earl barrels [...]

Tuesday, August 31, 2010
The Hurricane Threat! Many oil traders when they think about the impact of hurricanes on the oil market most often focus on the threat to supply. Yet the truth is more often than not hurricanes are more of a threat to demand then they are to supply. That is definitely the case [...]

Monday, August 30, 2010
Big Bad Ben! Commodity bears be on notice: Ben is coming to run that big bad deflation out of town. Ben Bernanke has made it clear that the Fed will step up if prices go down. Those words should bring comfort to commodity bulls that have been under assault from an array [...]

Thursday, August 26, 2010
When bad news becomes good news: Oh sure the economic data did not get any better. New homes sales were a disaster and the Energy Information Agency report was very bearish yet the good news is that a lot of the bad news was already priced in. Now doesn’t that make you [...]

Wednesday, August 25, 2010
Still we look to find a reason to believe. If I listened long enough to you, a bullish case I guess you could make do, knowing that supplies are high worldwide. Still I look to find a reason to believe. The bulls need something to believe in as a plunge in existing [...]

Tuesday, August 24, 2010
Dancing with wolves: You know every once in a while someone defines what you have been trying to say and does it a way that is clear and concise and in terms so clear that you have to say yes, that is exactly what I have been trying to say. For months [...]

Monday, August 23, 2010
I guess before we start to talk about all news that might drive energy trading, let’s talk about the factors that many of you thought might drive the market this week but did not. I heard from some that they thought that this weekend Israel would bomb Iran’s nuclear sites. Did not [...]

Friday, August 20, 2010
Slip sliding away, slip sliding away. You know the nearer your destination the more you’re slip sliding away and away we go. The economic recovery is slip sliding away as the market starts to brace for a potential double dip as US data goes sour. When the jobless claims came out much [...]

Thursday, August 19, 2010
A 27 year high. Sure oil prices and petroleum prices rebounded after the Department of Energy’s Energy Information Agency week over week numbers we not quite as bearish as the American Petroleum Institute report. And yes, oil rebounded as the stock market became positive. Yet there was something lost when we looked [...]

Wednesday, August 18, 2010
One hundred barrels of oil on the wall, one hundred barrels of oil. You take one down and pass it around and um, now you have, hum, oops! I lost track. Remember that old sing song we sang on the school bus that when on and on until you just lost count! [...]