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Letter "J" » John Kilduff Quotes
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«The IEA report reminds us that there could be a supply problem in the fourth quarter. Storm damage and the chemical workers strike in France are going to hurt supply. Given the levels we have fallen from, prices are beginning to look like a bargain.»
Author: John Kilduff
«We're going to keep on marching higher here. The next stop is the $41.15 it hit on the heels of Saddam Hussein's invasion of Kuwait and from there I would expect another spike higher. Once hostilities ensue I wouldn't be surprised to see $50 or $60 print.»
Author: John Kilduff
«We will be looking to see if we can get below $59.30, which is key support. In the near term $56.30 is the target. It's close to the July low and if we can break below that we will next be looking at the $46 area, which is the May low.»
Author: John Kilduff
«There's pre-holiday buying taking place. In Iraq and elsewhere things are percolating. The market will be shut four days, and in this geopolitical situation it makes sense to cover positions and bets.»
Author: John Kilduff
«This condition will last through the New Year and has given the technical picture a decidedly negative bias. Any bargain hunters have certainly been given pause by yesterday's action, although the low volume probably exacerbated the downdraft.»
Author: John Kilduff
«Last week's report showed that there was 2.802 trillion cubic feet in storage, which participants have apparently judged to more than adequate for the remainder of the season.»
Author: John Kilduff
«Last week's report showed that there was 2.802 trillion cubic feet in storage, which participants have apparently judged to be more than adequate for the remainder of the season.»
Author: John Kilduff
«The hangover from the damage done by Ivan is still on everybody's mind. We're still in that mode where any bullish news is tremendously bullish even if it's slight.»
Author: John Kilduff
«Worries about gasoline supplies during the summer driving season are fading.»
Author: John Kilduff
«With winter speeding by, there isn't much time left to generate significant demand.»
Author: John Kilduff
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