13 ordspråk av Mike Sander

Mike Sander

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The stock numbers and political problems around the world aren't helping pull this market back at all. We've reached last year's peak summer highs and it's only April. That's somewhat scary.

The huge gains this week were out of control.

All these potential crises around the world are helping to move up prices in the energy market. The market wants to pull back but there was just too much negative news over the last couple of days.

If the housing market collapses that definitely affects everybody.

The cold weather is moving into the Northeast and that's going to push prices higher. We could see crude oil go to $62.50 in a week or so.

With Iran, you're talking about 5 percent of the world's oil coming off the market. It just doesn't seem to be getting any better and the market is going to continue to rally.

We could easily go up another $3. This whole Iran issue could be around for quite some time yet.

The energy markets are going up with the cold weather headed for the east coast. Natural gas spiked up above $15 and oil got a kicker from that.

We're finding some support here but I don't think it's going to last. The concerns about Iran have been put on the back-burner for now and the fundamentals have taken over.

We were at pre-Katrina levels in January when usually crude is coming down. We just got to a point where it stopped making sense.

The eastern seaboard has been quite a bit warmer than usual and that's bearish for the whole energy sector.

Political factors are helping drive oil at the moment. I'm definitely bullish in this market.

Everybody's expecting the inventories to be down. The refineries aren't producing as much while they have units out getting ready for summer.

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