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Archive for the ‘Oil Production’ Category

Morning Energy Blog – May 30, 2017

Equities and the Economy: • Tiny gains on Friday, but enough to set records. • Q1 2017 GDP revised higher. The major indexes closed basically flat to Thursday but the very marginal gains by the S&P 500 and Nasdaq were enough for both indexes to post new record highs. The S&P gained 1 point to […]

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Morning Energy Blog – May 26, 2017

Equities and the Economy: • S&P and Nasdaq close at record highs. • Global equities trading at record levels. U.S. stocks continue their grind higher marking 6 consecutive sessions of higher closes with the S&P 500 and Nasdaq ending at fresh record highs. The S&P 500 rose 11 points finishing at 2,415 and the Nasdaq […]

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Morning Energy Blog – May 25, 2017

Equities and the Economy: • S&P 500 closes at record high. • FOMC minutes of May meeting reinforce rate hike coming. Like a boxer getting knocked to the mat, i.e., last Wednesday, U.S. equities bounced up and keep on fighting. Yesterday the S&P 500 closed 6 points higher at 2,404 and while the gain was […]

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Morning Energy Blog – May 24, 2017

Equities and the Economy: • Major indexes close higher for 4th consecutive day. • Dow and S&P on longest winning streak since late February. The three major U.S. indexes all finished higher yesterday, albeit marginally, marking a 4th consecutive day of higher closes. The Dow rose 43 points ending at 20,938 and the S&P 500 […]

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Morning Energy Blog – May 23, 2017

Equities and the Economy: • Stocks close higher for 3rd consecutive day. • Recovered almost all of last Wednesday’s losses. U.S. equities closed higher yesterday for their 3rd straight session. The Dow finished up 90 points at 20,895, the S&P 500 rose 12 ending at 2,394 and the Nasdaq rose 50 points to 6,134. The […]

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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 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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