Afternoon Note
The markets have modest gains despite the decline of 7% in crude oil over the past two days. Natural gas is doing the opposite of oil, up about 2% as inventories showed a larger than expected withdrawal of 64 billion cubic feet. This is still lower than 5 year average, showing a decline of 136 billion cubic feet.
As all eyes are on tomorrow’s release of the February non-farm payroll report, initial claims for the week ending March 4 were up 20,000 to 243,000; and the 4 week moving average increased by 2000 to 236,5000. While there was an uptick, this is still the 105th straight week with claims below 300,000.
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7/7/2025 1:27 PM | Trade Talks and Profit Taking |
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7/2/2025 1:44 PM | Materials' Strength Continues |
7/2/2025 9:38 AM | BARNBURNER |
7/1/2025 1:29 PM | Rotation |
7/1/2025 9:45 AM | FEAR OF MISSING OUT IS CREEPING IN |
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6/27/2025 1:35 PM | Reaching New Heights |
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6/25/2025 1:42 PM | Tech Stocks Power Nasdaq 100 |
6/25/2025 9:47 AM | CLIMBING MOUNTAINS OF WORRY |
6/24/2025 1:47 PM | Peace Rally |
6/24/2025 9:48 AM | PEACE THROUGH STRENGTH: THE MARKET LOVES IT |
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6/20/2025 1:29 PM | Second Triple Witching |
6/20/2025 9:38 AM | POWELL BLEW IT |
6/18/2025 12:41 PM | FED Day |
6/18/2025 9:45 AM | ROOM WITH A VIEW |
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