Amazingly, the Friday before Thanksgiving creeps up on us with the stealth of a ninja. This week has brought more yadda yadda blah blah blah re Europe, as the domino rally of debt deterioration now reaches Spain (no bulls in sight), and funds flee from their bonds. Meanwhile, the US continues to see placatingly decent economic data (or maybe our expectations have just been beaten down…hmm, there’s a thought). » read more
Posts Tagged ‘solar’
Burrito bites
Burrito bites
Yep, goats in a tree. Happy Friday, and welcome to another random assortment of educational and odd. Confusion reigns in relation to the European debt crisis as Greece threw a spanner (=ratchet) in the works after last week’s bailout plan had been agreed upon. This week’s bout of economic data has been decidedly mixed – good enough to inspire hope that slow economic growth will continue, but weak enough to provoke wariness and apprehension. Crude oil continues to gauge itself off general market sentiment – swaying like a reed with the news flow - while natural gas sold off after last weekend’s Northeastern snowstorm, only to see bargain-hunting coming back into the market late in the week. Before the weekend respite, let’s hit up the bites: » read more
Burrito bites
Happy Halloween weekend, as we make it to the end of another week. General markets have surprisingly been shy of both scares and bears, as the cup of positive sentiment overfloweth after European leaders managed to defer their problems carve out a last minute agreement to halve the value of Greek debt and inflate the Euro bailout fund to €1 trillion (whoop! whoop! let’s party!). The crude complex has rallied like a banshee on hope, hope, and hope², while natural gas has seen a stronger December contract roll onto the board and run higher as the first bout of winter (hark, snow for NY) hits the US. Enjoy the weekend, enjoy the frights; but for now..burrito bites: » read more
Burrito Bites
Wowee, mid-October already. Despite Halloween and the prospect of scares ahead, general markets have mustered a kangaroo-like jump higher. Crude has rallied well into double-digits in percentage terms since the lows of last week - as have equities - as economic data and hopes of containment for the Euro debt crisis (am sounding like a broken record, I know) improve. Natural gas, meanwhile, has plumbed the depths of the lows of the year, but is now seeing some support from the onset of winter temperatures on the horizon. Lots to digest – let’s hit the bitefest: » read more








