Currently viewing the tag: "The Energy Report"

Who dares enter the long side of the energy complex? Boo…. It’s close to midnight and Japan starts printing yen in the dark.  Under the moonlight, the yen drops, as its Central bank gave us a shock.You try to scream, but the stocks take off before you can trade it.  You start to freeze, as [...]

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The Federal Reserve with its historic ending of quantitative easing seemed almost hawkish and perhaps a bit oblivious to the impact that the ending of QE might have on the Europe and the rest of the world. The Feds changing the wording about employment, one of the main criteria for raising interest rates, sent the dollar [...]

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The Oil Shot. The Energy Report 10/29/14

On October 29, 2014 - 7:36 AM By

While the U.S. gets ready to end QE it seems the U.S. is getting stimulated in a different way, courtesy of Big Oil. Consumer confidence soared as gas prices fell proving once again that the way to win the heart of America is cheap gas prices. In fact the Conference Board said consumer sentiment hit [...]

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As oil prices tried to bounce back from a five year low oil companies and OPEC try to adjust to low oil prices. BP earnings kick offed the big oil earnings season and they could have been worse. The company reported profits of $3 billion down from $3.7 billion from a year ago. Costs from [...]

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Signs of Stress. The Energy Report 10/27/14

On October 27, 2014 - 7:36 AM By

While the Eurozone Bank stress tests seemed to come out better than expected, a drop in German business confidence is not exactly inspiring talk of explosive demand. The German IFO fell to 103.2 in October from 104.7 in September, a 6 year low. This comes as 25 of the 130 banks under the ECB stress [...]

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Oil Sick. The Energy Report 10/24/14

On October 24, 2014 - 7:59 AM By

Short term and long term demand fears sink oil making the charts look a little sick. Oil tried to rally only to fail in the face of weakling demand expectations and reports of Ebola in New York City. The market seemed to rally after a misinterpreted report on Saudi oil production. While the report suggested [...]

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Overcome. The Energy Report 10/23/14

On October 23, 2014 - 7:56 AM By

Oil prices tried to overcome a huge 7.1 million barrel increase in oil supply but could not in the face of another act of terror and fears of declining demand. U.S. oil production is showing no signs of slowing as production surged above 9 million barrels per day. This comes as refiners struggled as maintence and [...]

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Bullish and bearish forces are slugging it out in the oil complex and something has to give. On one hand, Russia seemed to move the goalpost on an expected gas deal with Ukraine while the European Central bank is leaking stories that they may be in the market to buy cooperate bonds in an effort [...]

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Lift the Ban. The Energy Report 10/21/14

On October 21, 2014 - 7:51 AM By

It is time to lift the oil export ban. The boom in U.S. oil production has to change the mindset about our energy policy to better reflect the realities of today instead of the fears of the past. After the Arab oil embargo in the 1970’s America was faced with tough choices and there was [...]

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Deflation Nation. The Energy Report 10/20/14

On October 20, 2014 - 8:03 AM By

Falling oil prices are a double edged sword. On one hand they reflect the positive impact from rising U.S. oil production and provide an economic stimulus shot. On the other hand they reflect a struggling global economy that is seeing falling demand as well as falling confidence. As deflation and stagnation pressures mount the ECB acts [...]

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Fed Flop. The Energy Report 10/17/14

On October 17, 2014 - 8:24 AM By

The Federal Reserve may be flip-flopping its position on ending its bond buying program almost on a daily basis. On Wednesday when the market was tanking, the VIX was flying and treasury yields going to oblivion. The market seemed to be demanding more QE as the world sank deeper into a deflationary spiral. Then Fed [...]

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The Dow was down over 400 points and oil prices were tanking as data in the U.S. seemed to suggest that deflation was spreading faster than Ebola. With OPEC flooding the market with oil and a weak Producer Price Index that came in an a -0.1% and a sharp drop in the New York manufacturing [...]

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