Return to Blog

Archive for the ‘Janet Yellen’ Category

Morning Energy Blog – December 14, 2017

Equities and the Economy: • Dow closes at record high. • Fed raises interest rates. As almost universally expected, the Fed raised the overnight lending interest rate (Fed funds rate) a ¼% yesterday marking its 3rd rise in 2017 to 1.5%. The increase was baked into the markets and the equity action was choppy yesterday. […]

View Here

Morning Energy Blog – December 13, 2017

Equities and the Economy: • More records. • U.S. wholesale inflation near 6 year high. The Dow and S&P 500 closed at record highs for a 4th consecutive session yesterday. The Dow posted a healthy gain of 119 points, 0.5%, finishing at 24,505 and the S&P rose 4 points, 0.2%, ending at 2,664. The rotation […]

View Here

Morning Energy Blog – December 12, 2017

Equities and the Economy: • More record highs. • Busy week for central banks. Investors shrugged off the news of a terrorism incident in New York City and took both the Dow and S&P 500 to new record highs yesterday. The Dow rose 57 points to 24,386 and the S&P gained 8 points to 2,660. […]

View Here

Morning Energy Blog – November 21, 2017

Equities and the Economy: M & A activity drive equities higher. Volume light. U.S. stocks closed higher yesterday on the announcement that chipmaker Marvell Technology will buy rival Cavium.  Possibly like myself, you’ve never heard of either company, but the importance here is that investors view mergers and acquisitions activity as bullish for equities because […]

View Here

Morning Energy Blog – October 16, 2017

Equities and the Economy: • Upbeat economic data. • Nasdaq sets record high. Positive economic data pushed stocks higher on Friday. The Labor Department reported that the consumer price index rose 0.5% in September and 2.2% on an annual basis. This is the biggest increase in 8 months as hurricanes Harvey and Irma boosted demand. […]

View Here

Morning Energy Blog – October 12, 2017

Equities and the Economy: • Stocks edge higher to post new records. • September FOMC meeting minutes less hawkish. All the main benchmarks closed at new record highs yesterday. The Dow rose 42 points to 22,873, the S&P 500 climbed 5 to 2,555 and the Nasdaq gained 16 finishing at 6,604. There really wasn’t anything […]

View Here

Morning Energy Blog – September 27, 2017

Equities and the Economy: • Equities meandering. • Yellen strongly implies one more rate hike coming this year. U.S. stocks have been meandering of late including yesterday. The Dow slipped 12 points yesterday closing at 22,284 and while this is the Dow’s 4th consecutive day of posting losses, the loss has only been 0.6% since […]

View Here

Morning Energy Blog – September 21, 2017

Equities and the Economy: • Dow and S&P continue to post record highs. • FOMC embarking on QT. The FOMC concluded its two day September meeting and being it played out very much in line with expectations investors road the trend taking the Dow and S&P 500 higher. The gains weren’t much but enough to […]

View Here

Morning Energy Blog – August 28, 2017

Good morning.  I managed to make it into the office today.  The only one who could make it.  I happen to be fortunate to live in an area with clear ingress and egress, for now.  I’m extremely fortunate.  Houston is a mess.  A really, really big mess.  Flooding is everywhere.  Giving you some perspective, Houston […]

View Here

Morning Energy Blog – August 25, 2017

Equities and the Economy: • Choppy day yesterday. • Yellen and Draghi speaking today. Stocks posted minor losses on another low volume day. The Dow finished down 29 points at 21,783, the S&P 500 lost 5 to close at 2,439 and the Nasdaq declined 7 to 6,271. Really not much more to talk about there […]

View Here