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Archive for the ‘EIA’ Category

Morning Energy Blog – October 27, 2017

Equities and the Economy: • Equities rebound. • Strong corporate earnings reports. After suffering their biggest daily decline in 7 weeks, the Dow and S&P 500 rebounded, however, the Nasdaq edged lower. The Dow posted a 71 point gain to 23,401 and the S&P 500 added 3 points to 2,560, but the Nasdaq slipped 7 […]

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Morning Energy Blog – October 26, 2017

Equities and the Economy: • U.S. stocks have worst day in 2 months. • Corporate earnings disappoint. I have something new to report. Stocks fell yesterday. Lately we’ve been like very spoiled children for day after day the major U.S. stock indexes have risen, if not set new record highs. No markets go straight up […]

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Morning Energy Blog – October 20, 2017

Equities and the Economy: • Dow and S&P 500 post another record high. • Weekly unemployment claims lowest in 44 years. U.S. equities overcame serious selling pressure early to close pretty much unchanged. The Dow, which was down more than 100 points at one point, clawed its way back to close up 5 points at […]

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Morning Energy Blog – October 19, 2017

Equities and the Economy: • Dow closes above 23,000 for first time! • Al three major indexes finish at record highs. Thanks to IBM the Dow closed over 23,000 for the first time ever. The blue-chip index posted a hefty 160 point gain, 0.7%, ending at 23,158 thanks to IBM who’s stock price popped a […]

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Morning Energy Blog – October 10, 2017

Equities and the Economy: • Stocks close little changed on light volume. • Nasdaq breaks 9 day rally. Equities closed marginally lower yesterday on very light volume due to the holiday. The Dow fell 13 points to 22,761 and the S&P 500 slipped 5 points to 2,545. The Nasdaq touched an all-time high intraday but […]

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Morning Energy Blog – October 6, 2017

Equities and the Economy: • More records! • House passes 2018 budget. U.S. stocks continue to set record highs! Yesterday the Dow posted a hefty gain of 114 points, 0.5%, finishing at its 46th record close at 22,775. The S&P 500 rose even more on a percentage basis, 0.6%, up 14 points to 2,553, it’s […]

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Morning Energy Blog – September 28, 2017

Equities and the Economy: • Dow snaps 4 day losing streak. • Tax reform proposal supportive. Erasing losses earlier in the day the Dow closed up 56 points at 22,341 snapping a 4 day losing streak. The S&P 500 rose 10 points finishing at 2,507, less than 0.1% off its record close set last week. […]

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Morning Energy Blog – September 22, 2017

Equities and the Economy: • Stocks snap 9 day win streak. • Investors see little reason to buy. U.S. stocks closed marginally lower yesterday. Although the Dow traded at a new intraday high at 22,420 it couldn’t hold the gains and closed down 53 points at 22,359. The S&P 500 slipped 8 points finishing at […]

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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 […]

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Morning Energy Blog – September 15, 2017

Equities and the Economy: • Dow closes at record high. • Markets shrugging off geopolitical events. Although the major U.S. indexes ended mixed yesterday the Dow’s gain of 45 points to 22,203 was enough to log its third consecutive record high. The S&P 500 fell 3 points to end at 2,496 and the Nasdaq finished […]

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