Another year in thrall
Kategori: Allmänt
Happy New Year
Kategori: Allmänt
Pazza Inter
Kategori: Allmänt
OMX 30
Kategori: Allmänt
OMX 30 are close to resistance area. I would not take any positions in that index before we get above that level.
W&T Offshore, Inc. Plans Special Dividend of $0.32 (WTI)
Kategori: Allmänt
Schlumberger NV
Kategori: Allmänt
Goldman
Kategori: Allmänt
refiners with “mid-continent” exposure …
“… given our view that the Street is reflecting too bearish of an
outlook for MidCon crude oil discounts in refining valuations. Our
updated 2013 EPS estimates are 28% above consensus and we see 38%
total return upside potential for the sector. … Our Buy-rated top
picks remain HollyFrontier (HFC) and Marathon Petroleum (MPC) among
large-caps and Northern Tier Energy (NTI) and Western Refining (WNR)
among small-mid-caps.” But they also acknowledged the eight refiners
they cover “sharply outperformed other high-beta energy sectors” in
2012.
A big driver in ratings changes for integrated exploration and
refining plays: spending in U.S. shale formations. In addition,
Goldman is looking for commodity prices to continue normalizing, with
Brent oil at between $100 and $110 per barrel, and U.S. natural gas at
around $4 per million British thermal units. Some companies are in a
position to benefit from investment in shale formations, the source
of increased domestic natural gas production, as well as extraction of
gas liquids and crude oil. Goldman says …
Steen Jakobsen,
Kategori: Allmänt
FOMC Trading Strategy
I have pointed out in a number of almost desperate views this week, that the market is extremely overdone by any standard:
How high can this market go: http://www.tradingfloor.com/posts/macro-digest-high-market-917462932
Correlation between NFIB Small Business & S&P
http://www.tradingfloor.com/posts/macro-nfib-small-business-dshortcom-break-d-1992261796
We bought Put the other day on S&P and remain extremely skeptical on not the stock market long-term, but its present valuation and the extreme complacency in place AND do not forget FOMC meeting tends to be the top, as policy announcement are pre-empted by markets (as I explained earlier today)
Western Refining Declares Special Dividend
Kategori: Allmänt
Jeff Stevens, CEO and President of Western Refining, said, "The decision by our Board of Directors to declare a second 2012 special dividend reflects our on-going commitment to our shareholders. Our margin environment continues to be very strong. The Permian Basin crude oil discount significantly widened in December and continues to widen into 2013. This environment, coupled with our aggressive debt reduction, conservative capital structure, and on-going hedging initiative, allows the Company to continue to return cash to shareholders via dividends and our share repurchase program. In 2012, Western will return over $320 million to its shareholders. These actions, and our continued investment in the business, reinforce our commitment to create value for Western's shareholders."
W&T Offshore, Inc.
Kategori: Allmänt
They act contrarian, I act contrarian.
- Buy
Sweden PMI
Kategori: Allmänt
Sweden PMI: Really bad PMI from Sweden - we have bought EURSEK on the data point as Riksbanken will need to cut aggressively to restart Swedish Economy, the star performer in Northern Europe this year.
- Saxo bank
