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Energie & Management > Commentary - Market - Bull scare and bear fear
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Commentary

Market - Bull scare and bear fear

After the strong Tuesday close the Wednesday market corrected back down, much like the pattern seen lately when the market takes the opposite direction the morning after. A Swedish trader said that he was very surprised that the market did not fall more than it did today, and argued that yesterday’s lift was more based on fear than reality. A Norwegian producer was bearish in the short picture too, but held that in the forward contracts the only way is up.
Uncertainty rules and the market yo-yos from day to day. The saying; when nothing is certain everything is possible seems to be very applicable to the current situation. The big question evidently is whether low-pressure activity is on its way to stay. Or not.Futures downAccording to the Norwegian producer the meteorological outlooks are much more rational than th
Mittwoch, 5.03.2003, 12:13 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Donnerstag, 6.03.2003, 12:07
Market - It depends
The Thursday market opened marginally down, but the overall mood this morning seemed to be indifference to the movement and basically the market went nowhere. The weather outlooks are wetter or drier depending on who’s looking, and little action was triggered as a consequence, players said. A Swedish producer argued that the underlying market sentiment remains bullish.
Energie & Management > Commentary - Market - It depends
Donnerstag, 6.03.2003, 12:07
E&M  Commentary
Market - It depends
The Thursday market opened marginally down, but the overall mood this morning seemed to be indifference to the movement and basically the market went nowhere. The weather outlooks are wetter or drier depending on who’s looking, and little action was triggered as a consequence, players said. A Swedish producer argued that the underlying market sentiment remains bullish.
mehr
E&M  Commentary
Dienstag, 4.03.2003, 11:53
Market - Buy buy?
Weather forecasts were moderated today and the outlooks for a new high pressure at the end of the period lifted the market a few NOKs after the steep fall Monday. The summer contract was back at the 239 level, and V2-03 traded up at 353 NOK/MWh. Everything remains highly uncertain, however, but one player characterized the situation as balanced and awaiting without a clear trend.
Energie & Management > Commentary - Market - Buy buy?
Dienstag, 4.03.2003, 11:53
E&M  Commentary
Market - Buy buy?
Weather forecasts were moderated today and the outlooks for a new high pressure at the end of the period lifted the market a few NOKs after the steep fall Monday. The summer contract was back at the 239 level, and V2-03 traded up at 353 NOK/MWh. Everything remains highly uncertain, however, but one player characterized the situation as balanced and awaiting without a clear trend.
Energie & Management > Commentary - Market - Bull scare and bear fear
zurück
Commentary
Market - Bull scare and bear fear
After the strong Tuesday close the Wednesday market corrected back down, much like the pattern seen lately when the market takes the opposite direction the morning after. A Swedish trader said that he was very surprised that the market did not fall more than it did today, and argued that yesterday’s lift was more based on fear than reality. A Norwegian producer was bearish in the short picture too, but held that in the forward contracts the only way is up.
Uncertainty rules and the market yo-yos from day to day. The saying; when nothing is certain everything is possible seems to be very applicable to the current situation. The big question evidently is whether low-pressure activity is on its way to stay. Or not.Futures downAccording to the Norwegian producer the meteorological outlooks are much more rational than th
Mittwoch, 5.03.2003, 12:13 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Donnerstag, 6.03.2003, 12:07
Market - It depends
The Thursday market opened marginally down, but the overall mood this morning seemed to be indifference to the movement and basically the market went nowhere. The weather outlooks are wetter or drier depending on who’s looking, and little action was triggered as a consequence, players said. A Swedish producer argued that the underlying market sentiment remains bullish.
Energie & Management > Commentary - Market - It depends
Donnerstag, 6.03.2003, 12:07
E&M  Commentary
Market - It depends
The Thursday market opened marginally down, but the overall mood this morning seemed to be indifference to the movement and basically the market went nowhere. The weather outlooks are wetter or drier depending on who’s looking, and little action was triggered as a consequence, players said. A Swedish producer argued that the underlying market sentiment remains bullish.
mehr
E&M  Commentary
Dienstag, 4.03.2003, 11:53
Market - Buy buy?
Weather forecasts were moderated today and the outlooks for a new high pressure at the end of the period lifted the market a few NOKs after the steep fall Monday. The summer contract was back at the 239 level, and V2-03 traded up at 353 NOK/MWh. Everything remains highly uncertain, however, but one player characterized the situation as balanced and awaiting without a clear trend.
Energie & Management > Commentary - Market - Buy buy?
Dienstag, 4.03.2003, 11:53
E&M  Commentary
Market - Buy buy?
Weather forecasts were moderated today and the outlooks for a new high pressure at the end of the period lifted the market a few NOKs after the steep fall Monday. The summer contract was back at the 239 level, and V2-03 traded up at 353 NOK/MWh. Everything remains highly uncertain, however, but one player characterized the situation as balanced and awaiting without a clear trend.

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