Well actually, IF something were to form it would be slow moving to the northwest in my opinion, and then north and northwest over the weekend as the upper level trof over the western Gulf and the building ridge over the western Atlantic would result in a south southeasterly steering flow at nearly all levels. In any event, whether the system organizes into a tropical cyclone or not, the moisture will move into the Gulf and towards the northern Gulf coast of Louisiana and upper Texas providing significant rains into early next week.
In my opinion the middle level circulation that became apparent from the convection yesterday afternoon is tracking northwestward and still quite obvious over the NW Caribbean Sea. It shouldn't be ignored (although I don't think that would be possible by anyone who is member of this forum)...
