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Archive for the ‘Oil’ Category

Morning Energy Blog – May 22, 2017

Equities and the Economy: • Major indexes close higher for second consecutive day. • Dow and S&P post second week of losses. The major indexes logged a second day of gains on Friday with the Dow closing 142 points higher at 20,805, the S&P 500 ended 16 points up at 2,382 and the Nasdaq added […]

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Morning Energy Blog – May 19, 2017

Equities and the Economy: • Stocks recover some of Wednesday’s loss. • Fundamental data strong. After suffering their worst single day loss in 8 months on Wednesday stocks bounced back yesterday with the Dow closing up 109 points at 20,715, the S&P 500 rising 14 points to 2,371 and the Nasdaq climbing 51 points ending […]

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Morning Energy Blog – May 18, 2017

Equities and the Economy: • Stocks post worst daily performance in 8 months. • Investors deleverage on belief President Trump’s pro-growth agenda delayed. Ugly. Very ugly. “Black swan” events are by definition unforeseen and yesterday’s came from the political arena. After marking record highs as recently as Monday, the U.S. major indexes got obliterated yesterday […]

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Morning Energy Blog – May 17, 2017

Equities and the Economy: • Nasdaq logs another record high. • U.S. manufacturing production highest in more than 3 years. It was another stellar day for the technology sector with the Nasdaq once again closing at a new record high posting a 20 point gain to 6,170. The Dow and S&P 500 basically closed flat […]

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Morning Energy Blog – May 16, 2017

Equities and the Economy: • S&P and Nasdaq close at record highs. • Global equities hitting record highs. It was a good day for your stock portfolio yesterday with all three major indexes performing well with the S&P 500 and Nasdaq both posting record highs. The former rose 11 points to finish at 2,402 and […]

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Morning Energy Blog – May 15, 2017

Equities and the Economy: • Dow and S&P post first weekly loss in nearly a month. • Lack of volatility persists. On Friday the Dow closed down 23 points finishing at 20,897 and the S&P 500 slipped 4 to 2,391. However, the Nasdaq, which has been el fuego for the last few weeks, squeaked out […]

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Morning Energy Blog – May 12, 2017

Equities and the Economy: • U.S stocks retreat. • Dow closes lower for 3rd consecutive day. U.S. equities closed lower yesterday. The Dow shed 24 points closing lower for the third straight session at 20,919, the S&P 500 pulled back from its record close falling 5 points ending at 2,394 and the Nasdaq also retreated […]

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Morning Energy Blog – May 11, 2017

Equities and the Economy: • Political wrangling in Washington doesn’t impact stocks. • Nasdaq closes higher for 4th consecutive day. President Trump’s surprise, some would say “stunning”, firing of FBI Director Comey Tuesday certainly wasn’t positive for U.S. stocks, but it sure didn’t cause investors to panic. The Dow fell 33 points finishing at 20.943, […]

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Morning Energy Blog – May 10, 2017

Equities and the Economy: • Dow and S&P shed a little • Nasdaq again closes at a record high. The Nasdaq is draining 3’s like an el fuego NBA guard. Yesterday it again set another record high. This time closing 18 points higher at 6,121. It’s the 30th closing record high of the year. The […]

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Morning Energy Blog – May 9, 2017

Equities and the Economy: • Quiet day on Wall Street yesterday. • “Fear index” drops to lowest level in 24 years. It was a quiet day for U.S. stocks yesterday with the major indexes ending essentially unchanged. The Dow closed up 4 at 21,011, the S&P 500 closed flat to Monday at 2,399 and the […]

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