RISING ENERGY...FLAT TO FALLING 10 YEAR...RISING STOCK FUTURES...LOOKS LIKE A SOLID START!

Good Morning to all and its one of those mornings where it looks like the tape will dictate the flow. Its positive on all three levels so look for an up open on MLPS. Its also a morning where there is absolutely no corporate news headlines and no upgrades or downgrades. So what to blog about? How about the weather since it will have energy impact.


6 to 10 day outlook from our friends at the National Weather Service and below we have the 8 to 14 day outlook from our same friends!

Note that the 6 to 10 day forecast and the 8 to 14 day forecast are for below normal temperatures most of the fuel eating states. So there will be at least a floor under prices for oil and natural gas. I would also like to remind you at this point that like those fabulous hurricane forecasts..."the northeast is looking down the barrel of a gun"...weather is absolutely not baked into the energy futures cake. That is why every little cold outbreak brings in a round of fresh buying and has pushed nat gas back above 8 bucks. If we lock into a 6 to 8 week colder than normal pattern look for energy prices to continue to rise.