US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Good morning. Friday was a horrible day for U.S. stocks. The Dow lost 316 points, 1.79%, the S&P 500 dropped, 33, 1.62%, and the Nasdaq ended off 55 points, 1.16%, at 4,654. It wasn’t just Friday that stunk. The whole week did with the S&P down 3.5%, its worst weekly performance since May 2012. The […]
Good morning. It may be the holiday season but it was bah-humbug yesterday in the equity markets with U.S. stocks suffering their biggest one day slide in nearly 7 weeks with the Dow closing down 106 points, 0.6%, at 17,852, the S&P 500 losing 15, 0.75%, at 2,060 and the Nasdaq down 40, 0.84%, at […]
Good morning. Black Friday, and the whole weekend, turned out to be exactly that for retailers. The trade group National Retail Federation said Sunday that total spending over the Thanksgiving weekend were down 11% from last year. That and Moody’s downgrade of Japan’s credit rating weighed on the equities with the Dow losing 51 points […]
Good morning. After hitting new highs on Tuesday U.S. equities slipped back yesterday but the damage was extremely minor. The Dow lost 2 to 17,686, the S&P 500 ended down 3 to 2,049 while the Nasdaq fared much worse shedding 27 points to 4,676. Not bad considering the S&P has hit 8 record highs and […]
Good morning. As you regular readers know, I usually begin this report with equities for equities often influence oil prices (natural gas operates in its own little world!) but today oil gets the lead spot. Why? Because yesterday both WTI and Brent hit 4 year lows. WTI closed down a whopping $2.97, 3.9%, at $74.21 […]
Good morning. I’ve been travelling on business the last three days hence the last Morning Energy Blog was last Friday reflecting Thursday’s market action. Let’s see what’s transpired since that time. Last Thursday the Dow, S&P 500 and Nasdaq closed at 17,555, 2,031 and 4,638, respectively. Yesterday the Dow closed at 17,612, the S&P at […]
Good morning. Coming off record highs and penultimate election day investors stayed on the sidelines and the markets yesterday ended pretty flat to Friday. The Dow fell 25 points to 17,366, the S&P 500 closed flat at 2,018 and the Nasdaq managed to eke out a gain of 8 to 4,639. As I mentioned in […]
Good morning. Last week ended great on Friday with U.S. equities surging. The Dow jumped 195 points, 1.1%, to 17,391, the S&P 500 climbed 23, 1.2%, to 2,018 and the Nasdaq leaped 65, 1.4%, to 4,631. And, oh, did I mention the Dow and S&P closed at record highs?! Whoo-hoo! I felt like I was […]
Good morning. After about 3 weeks of crazy volatility I guess equities became exhausted (at least I know traders were!) and took the day off yesterday ending mostly flat to Friday. The Dow rose 12 points to 16,818, the S&P 500 fell 3 to 1,962 and the Nasdaq added 2 to 4,486. Shares of energy […]
Good Morning. An excellent day. A very excellent day! A day those bad bears limped wounded back to their caves. On the heels of word the ECB is considering buying corporate bonds (which pushed up Germany’s, France’s and London’s stock markets up 1.95, 2.3% and 1.7, respectively) and very good earnings reports from Apple all […]
