US Natural Gas Supplies Constrained As Extreme Cold Freezes Wells And Pipes
U.S. natural gas supplies were constrained after extreme weather caused wells and pipes to freeze, although some recovery seemed to be underway.
Erdogan Says Turkey Has Raised Black Sea Natural Gas Reserves Estimate By About A Third
Turkish President Recep Tayyip Erdogan said on Monday the country has raised its estimate of natural gas reserves in the Black Sea by about a third, following an appraisal work at an existing field and a separate discovery.
Second Quarter Earnings Are Worse Than They Look–How To See Beyond Deceptive Stats.
Beware of Deceptive Stats
Sometimes, you've got to look beyond the rosy headline stats to get a clearer picture of what's happening pseudonymous macro account "MrBlonde" did just that in this Twitter thread on Sunday, showing that corporate earnings in the 2nd Quarter are actually worse than they look.
Fading The Rip Higher: A Hedged Bet Against Technology Stocks After Tuesday’s Bounce
Not Buying The Bounce
Stocks ripped higher Tuesday, despite all the familiar macro headwinds remaining in place: record inflation, rising interest rates, pending profit downgrades, the ongoing Ukraine War, plus added tensions with China.
Riding The Natural Gas Rollercoaster: Heads You’re Up 100%; Tails You’re Down 30%
Natural Gas Climbs Back
After crashing by about 25% at the end of last month, natural gas has regained momentum this month.
Friday’s CPI Print And Recent Price Action Suggest The Market Is Following A 1970’s Analog. Bullish For Oil, Bearish For Tech.
That '70s Show
In the wake of Friday's soaring CPI print and Bank of America strategist Michael Hartnett's latest note ("A Dire Outlook From Wall Street's Biggest Bear"), it's worth revisiting the '70s bear market analogue he sketched out last month, and how that has panned out so far.
What Happens When Your Bitcoin Miner Drops By 80%? In this Case, You Beat The Market By 10%.
Levered Bets on Bitcoin Go Both Ways
Good news for an underlying commodity tends to be even better news for companies that mine it, all else equal, thanks to their inherent operational leverage. Frank Holmes explained the concept using gold miners as an example, in an article a few years back:
What Happens When Your Bitcoin Miner Drops More Than 80%: In This Case, You Beat The Market By 25 Points
Levered Bets on Bitcoin Go Both Ways
Good news for an underlying commodity tends to be even better news for companies that mine it, all else equal, thanks to their inherent operational leverage. Frank Holmes explained the concept using gold miners as an example, in an article a few years back:
As American Natural Gas Prices Start To Converge With Europe’s, A Hedged Bet On Them Going Even Higher.
Zoltan Poszar's Predicted Commodities Disruptions
The Fed Isn’t Your Friend: NY Fed wunderkind-turned-Credit Suisse strategist Zoltan Poszar On Why The Fed’s Helicopters Are Dropping “Financial Napalm”.
Ride of the "Volkeries"
Credit Suisse Managing Director Zoltan Poszar offered a stark warning to investors in his latest note, likening what the Fed has in mind for the stock market to the Air Cavalry's attack on the hapless village in Apocalypse Now.