Mar. Nonfarm Payrolls: +120K vs. consensus of +201K, prior 227K. Unemployment 8.2% vs 8.3% expected. Average workweek 34.5 in-line with expectations. Average hourly earnings 0.2% in-line with expectations. [View news story]
Trouble Brewing Behind Facade Of Bull Rally [View article]
Who's winning? $5 gasoline, food prices going higher. Main St. is getting crushed. Wall St. might be doing fine but we out here in the real world are not.
"The only thing that matters is the price of gas in California and New York," writes Bruce Krasting, and it's blowing out thanks to dependence on Louisiana crude (which tracks the world benchmark). Forget $4, $5 gas may be coming in states that have the majority of cars (and GDP). [View news story]
We have no choice but to stop using oil. We need nat gas/electric cars and infrastructure. Why isn't Obama doing more here? The lower and middle classes are getting killed here!
Crude oil continues to surge, the bull run given a renewed push from an IAEA warning on Iran's nuclear program. WTI crude +1.3% at $109.23, Brent crude +1.2% to $125.06. [View news story]
I feel sorry for you Boze. Anyone that puts party ahead of country is very very sad. Kennedy was right.
With the market up over 8% for the year, and more than 20% from last October's lows, Doug Kass says the next big market move is lower. He's putting his money where his mouth is too, now holding his largest net short position of the year. “There are good advances and bad advances – this one is bad,” Kass says. If history is any indication, a sell-off is coming. [View news story]
E is right. Stay long until you are wrong. This rally could go on for awhile.
With the market up over 8% for the year, and more than 20% from last October's lows, Doug Kass says the next big market move is lower. He's putting his money where his mouth is too, now holding his largest net short position of the year. “There are good advances and bad advances – this one is bad,” Kass says. If history is any indication, a sell-off is coming. [View news story]
5%? Can you even call that a correction? DOW 15000
In a scorching critique, Argus analyst Phil Weiss nails Chesapeake Energy (CHK) with a Sell rating, citing skepticism about the company’s "ability to lower debt and slow spending," "off-balance-sheet debt" and ownership structure that’s "becoming more and more convoluted." Oil and gas explorer, financial firm, oilfield services - Weiss sees CHK becoming "a jack-of-all-trades and master of none." [View news story]
It has pushed through its 52 week lows today. It could be headed down to 20. I'd pick it up between 24 and 20. Now is the time to buy this stock.
Chesapeake Energy Creates $34 Billion Of Value At A Net Cost Of Zero [View article]
You got to be kidding. They said the same for marcellus. This stock is garbage. Always has been and, as long as management stays, will remain so. Best best is for XOM or some other big boys to buy them out at $60 a share.
If Europe Does Not Send Market Lower Earnings Season Will [View article]
I was shorting the market with SDS and sold just in time before this big rally. I'll probably short again with SPXU. Trying to decide when - after Ben speaks on Tuesday or before? Anyone have any opinions?
Chesapeake Energy's New Liquids Play Worth as Much as Entire Current Share Price [View article]
Be careful with this stock. When too many people get on the boat it goes overboard. I'm long CHK but am weary of it's debt and past and current management. I'd like to see a slow, gradual run up. Also believe that industry will decide if more nat gas is needed (not subsidies!).
Mar. Nonfarm Payrolls: +120K vs. consensus of +201K, prior 227K. Unemployment 8.2% vs 8.3% expected. Average workweek 34.5 in-line with expectations. Average hourly earnings 0.2% in-line with expectations. [View news story]
Chesapeake Energy: Now A Strong 'Buy' Candidate [View article]
Trouble Brewing Behind Facade Of Bull Rally [View article]
"The only thing that matters is the price of gas in California and New York," writes Bruce Krasting, and it's blowing out thanks to dependence on Louisiana crude (which tracks the world benchmark). Forget $4, $5 gas may be coming in states that have the majority of cars (and GDP). [View news story]
Crude oil continues to surge, the bull run given a renewed push from an IAEA warning on Iran's nuclear program. WTI crude +1.3% at $109.23, Brent crude +1.2% to $125.06. [View news story]
With the market up over 8% for the year, and more than 20% from last October's lows, Doug Kass says the next big market move is lower. He's putting his money where his mouth is too, now holding his largest net short position of the year. “There are good advances and bad advances – this one is bad,” Kass says. If history is any indication, a sell-off is coming. [View news story]
With the market up over 8% for the year, and more than 20% from last October's lows, Doug Kass says the next big market move is lower. He's putting his money where his mouth is too, now holding his largest net short position of the year. “There are good advances and bad advances – this one is bad,” Kass says. If history is any indication, a sell-off is coming. [View news story]
Trouble Brewing Behind Facade Of Bull Rally [View article]
Don't Be Fooled By The 'Breakout' In Stocks [View article]
In a scorching critique, Argus analyst Phil Weiss nails Chesapeake Energy (CHK) with a Sell rating, citing skepticism about the company’s "ability to lower debt and slow spending," "off-balance-sheet debt" and ownership structure that’s "becoming more and more convoluted." Oil and gas explorer, financial firm, oilfield services - Weiss sees CHK becoming "a jack-of-all-trades and master of none." [View news story]
Investors To Chesapeake: Show Us The Money [View article]
Chesapeake Energy Creates $34 Billion Of Value At A Net Cost Of Zero [View article]
If Europe Does Not Send Market Lower Earnings Season Will [View article]
Chesapeake Energy's New Liquids Play Worth as Much as Entire Current Share Price [View article]
GasFrac: In Spite Of Results Beaten Down By Weather, Bright Future Ahead [View article]