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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. Yesterday started out very shaky with all the indexes trading in the red at the open but closing with the best session in 3 weeks boosted by sizeable gains in energy and recovering about half its losses from last week. The Dow jumped a huge 238 points, 1.38%, to […]
Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report EIA’s Weekly Natural Gas Storage Report (WNGSR) publishes weekly natural gas storage inventories by region. Natural gas storage levels have been high and recently reached a record 3,978 trillion cubic feet as of Friday, November 6. In an effort to better illustrate regional storage trends, […]
Equities and the Economy Friday was not a good day for our 401K’s folks. The Dow lost a material 203 points, 1.16%, ending at 17,245, the S&P 500 fell 23, 1.12%, to 2,023 and the more volatile Nasdaq was the laggard closing down 1.54%, 77 points, at 4,928. The S&P marked a 7th loss out […]
Equities and the Economy Good morning. It was an ugly day for U.S. stocks yesterday. The Dow fell 254 points, 1.44%, ending at 17,448, the S&P was off 29, 1.40%, to 2,046 and the Nasdaq closed down 62, 1.22%, at 5,005. The S&P closed lower for the 6th time in 7 sessions. As I’ve been […]
Equities and the Economy As I suspected, with it being Veteran’s Day yesterday and the bond market and banks closed, U.S. equities really didn’t do much. Trading was directionless and when the final bell rang the Dow was off 56 at 17,702, the S&P 500 closed down 7 at 2,075 and the Nasdaq fell 16 […]
Equities and the Economy Good morning and many, many thanks to all you veterans who risked your lives for the rest of us so we can live in freedom in the greatest country on earth. U.S. equities waffled around unchanged all day yesterday not doing much and closed as such. The Dow rose 28 to […]
Equities and the Economy After six consecutive weeks of gains (the longest positive streak of the year) U.S. equities stumbled yesterday with the Dow falling a little over one percent (1.01%), 180 points, to 17,730. The Nasdaq fell the same percentage as the Dow, 52 points, ending at 5,095. The S&P 500 fell 20, 0.96%, […]
Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas in storage reached 3,929 billion cubic feet (Bcf) as of October 30, according to EIA’s latest Weekly Natural Gas Storage Report. This level matches the previous weekly record of 3,929 Bcf set November 2, 2012. Although October marks the traditional end of […]
Equites and the Economy U.S equities closed mixed to higher on Friday digesting the Labor Department’s Employment Situation report. The Dow gained 47 to 17,910 and the Nasdaq climbed 19 to 5,147 while the S&P 500 lost a point. Although the S&P fell, all three major indexes posted their 6th straight week of gains with […]
Equities and the Economy As I suspected, U.S. equities did nothing yesterday closing ever so marginally lower with investors waiting for today’s Labor Department’s Employment Situation report for October. The Dow fell a meaningless 5 points to 17,863, the S&P 500 closed down an also meaningless 2 to and even 2,100 and the Nasdaq lost […]
