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Archive for the ‘Middle East’ Category

Morning Energy Report – September 26, 2014

Good morning. Ugly, ugly, ugly. Can I say it one more time??? UGLY! Yesterday was the worst day for equities in almost 2 months (July 31st). The Dow got bludgeoned 264 points,1.54%, finishing at 19,946, the S&P 500 was walloped losing 32 points, 1.6%, closing well below 2,000 at 1,965 and the Nasdaq got bazooked […]

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Morning Energy Report – September 23, 2014

Good morning. Some bad news in the housing market weighed on U.S equities yesterday. The National Association of Realtors reported sales of previously owned homes (existing) unexpectedly fell in August for the first time in 5 months. Sales fell 1.8% to 5.05 million annualized pace from a revised 5.14 million pace in July. The expectation […]

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