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Europe: +44 (0) 207 198 1634 Due to mild weather, slowing residential and commercial demand, and near-record level storage inventories, natural gas monthly and annual prices for 2016 were the lowest since the late 1990’s. While it is not too late to take advantage of the low-price environment for natural gas, the EIA is expecting prices to be higher in 2017. […]
Equities and the Economy: • U.S. stocks continue to meander. • Volume very low. The major U.S. equity index closed lower yesterday with the Dow falling 37 to 19,800, the S&P 500 off 6 to 2,265 and the Nasdaq closing down a scant 2 points at 5,553. Chatter. Trading volumes are extremely low, not just […]
Equities and the Economy: • U.S. stocks on the defensive yesterday on hard Brexit. • Still range bound trading. While you were sleeping Monday night UK Prime Minister Theresa May gave her much anticipated speech regarding the UK leaving the European Union stating Britain is looking for a clean break from the EU. Investors viewed […]
Equities and the Economy: • Dow and S&P 500 fall marginally for the week. Nasdaq up about 1%. • U.S. consumer feeling pretty good. U.S. stocks ended little changed on Friday although the tech heavy Nasdaq continues to be the workhorse. The Dow fell 5 points to 19,886 while the S&P 500 gained 4 […]
Equities and the Economy: • Stocks continue to meander. • Fundamentals look solid. The lumberjack continues working away. Chop. Chop. Chop. That explains the U.S., and even the European, equity markets over the past month. Yesterday it was more of the same with the Dow closing down 63 points at 19,891, the S&P 500 dropping […]
Equities and the Economy: • U.S. bourses close higher. • Market remains choppy and range bound. Chop. Chop. Chop. That describes the equities markets of late, and I’m talking globally, not just U.S. Getting yesterday’s numbers out of the way, the Dow posted a nice gain of 99 points, 0.50%, ending at 19,954, the S&P […]
Equities and the Economy: • Nasdaq closes at record high. • Dow and S&P meandering. The tech heavy Nasdaq closed up 20 points, 0.4%, yesterday at 5,552 marking the 6th consecutive day of gains with the last four at record highs representing the longest stretch of record closes for the index since 1999. Impressive. Enthusiasm […]
Equities and the Economy: • U.S. equities continue their post-election grind higher. • Dow trades within a gnat’s eyelash of 20,000. U.S. equities ended the week higher with the Dow closing up 65 points at 19,964, the S&P 500 added 8 to 2,277 and the Nasdaq finished 9 points higher at 5,521. The Dow got […]
Equities and the Economy: • Dow and S&P 500 suffer minor losses. • Nasdaq closes at new record high. The tech heavy Nasdaq gained 11 points yesterday and while it was only 0.2% it was enough to push the index to a new record closing high of 5,488. The Dow and S&P 500 suffered minor […]
Equities and the Economy: • U.S. equities close flat on low volume. • All three indexes on track to post solid gains for December. U.S. stocks closed marginally lower yesterday with the Dow off 14 points to 19,820, the S&P 500 ending down a single digit at 2,249 and Nasdaq ending 6 points lower at […]
