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Europe: +44 (0) 207 198 1634 Projections in EIA’s Annual Energy Outlook 2015 (AEO2015), released April 14, show the potential to eliminate net U.S. energy imports sometime between 2020 and 2030. This reflects changes in both supply and demand, as continued growth in oil and natural gas production and the use of renewables combine with demand-side efficiencies to moderate demand growth. The United […]
Equities and Economy Good morning. As we all know, today is tax filing deadline day. Well it’s also National Take a Wild Guess Day! Think there’s a correlation?! By the way, on this day 103 years ago the Titanic sunk. Hope that’s not an omen for stocks! U.S equities closed mixed with the Dow and […]
Equities and the Economy Good morning and happy National Reach as High as You Can Day. U.S. stocks closed lower yesterday ending a streak of three consecutive gains with the Dow fell 81 points to 17,977 (once again under 18,000), the S&P 500 lost 10 to 2,092 and the Nasdaq ended the session down 8 […]
Just five years ago support for nuclear power reached 62%, buoyed by announcements that the United States would construct two new facilities after a three-decade hiatus. But a new poll from Gallup shows support has plunged, largely in the wake of Japan’s Fukushima disaster but also as renewable energy sources have become more prominent and […]
Equities and the Economy Good morning and happy National Sibling Day. U.S. equities ended a choppy session yesterday with modest gains helped by a rally in energy and the healthcare sectors. Trading was tight ranged with the Dow closing up 56 at 17,958, the S&P 500 adding 9 to 2,091 and the Nasdaq closing 24 […]
Equities and the Economy Good morning. U.S. stocks have been meandering the last couple of days closing slightly down on Tuesday (although the price action on that day was terrible) and closing slightly up yesterday. As Richard Dawson used to say “Survey Says” Dow up 27 to 17,903, S&P 500 up 6 to 2,082 and […]
Equities and the Economy Good morning. For over 80% of the day things were looking pretty darn good with the Dow up an average of 80 points for that time frame. And then the bottom just fell out. There was no major news. Sellers just came in. So instead of a nice, descent up day […]
Equities and the Economy Good morning. The market had time to digest the lousy Labor Department’s Employment Situation Report from Friday and after selling futures all weekend and into the open investors came to realize the bad news is once again good news. As I mentioned in yesterday’s morning Report, the jobs report means the […]
Equities and the Economy Good morning. U.S. stocks finished the Easter shortened week on a marginally positive note breaking two sessions of material losses. The Dow closed up 65 points at 17,763 and both the S&P 500 and Nasdaq added 7 points with the former ending at 2,067 and the latter 4,887. Now you may […]
Equities and the Economy Good morning. U.S. stocks closed lower for the second consecutive day yesterday with the Dow falling 78 to 17,698, the S&P 500 losing 8 to 2,060 and the Nasdaq closing down 21 to 4,880. The impetus for the decline was clearly fundamental. Yesterday ADP released its private sector payrolls report which […]
