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Archive for the ‘Oil’ Category

Morning Energy Blog – October 12, 2017

Equities and the Economy: • Stocks edge higher to post new records. • September FOMC meeting minutes less hawkish. All the main benchmarks closed at new record highs yesterday. The Dow rose 42 points to 22,873, the S&P 500 climbed 5 to 2,555 and the Nasdaq gained 16 finishing at 6,604. There really wasn’t anything […]

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Morning Energy Blog – October 11, 2017

Equities and the Economy: • Trump trade at work. • Dow logs 47th record high in 2017. Driven by the optimism tax reform is coming, investors have been buying U.S. equities in record amounts, literally. Yesterday all three of the primary stock indexes gained and all three touched fresh intraday record highs. The Dow rose […]

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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 9, 2017

Equities and the Economy: • Stocks end little changed on Friday. • Post solid weekly gains. The Dow and S&P 500 suffered minor losses on Friday. The Dow fell an immaterial 2 points to 22,774 ending a 7 day winning streak. The S&P slipped 3 points to 2,549 ending its 8 day streak. The Nasdaq […]

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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 – October 5, 2017

Equities and the Economy: • 3rd consecutive closing high for the three major indexes. • ADP releases jobs report for August. While the gains were marginal yesterday they were enough for the three major stock indexes to post new record highs. The Dow rose for the 6th consecutive session adding 20 points to close at […]

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Morning Energy Blog – October 4, 2017

Equities and the Economy: • U.S. equities book another round of records. • Fundamental data continues to support. The three major U.S. benchmark stock indexes posted yet another day of record highs. The Dow finished up 84 points at 22,641 marking its 5th consecutive day of gains. The S&P 500 rose 5 points to 2,535 […]

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Morning Energy Blog – October 3, 2017

Equities and the Economy: • Equities rally to again set record highs. • Fundamentals continue to be supportive. Four main stock benchmarks set new record highs yesterday. The Dow popped 153 points, 0.7%, finishing at 22,558, the S&P 500 advanced 10 points, 0.4%, ending at 2,529, the Nasdaq tacked on 21 points, 0.3%, to 6,517 […]

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Morning Energy Blog – October 2, 2017

Equities and the Economy: • Q2 GDP revised up. • S&P, Nasdaq and Russell post yet another record high. U.S. equities wrapped up last week, the month and quarter on a high note with the S&P 500, Nasdaq and Russell 2000 hitting all-time highs on Friday. The S&P gained 9 points to 2,519 closing at […]

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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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