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Archive for the ‘Oil Production’ Category

Morning Energy Blog – December 1, 2017

Equities and the Economy: • Dow and S&P close at record high. • Dow closes above 24,000 for first time. It was a stellar day for stocks yesterday. The Dow skyrocketed gaining a whopping 332 points, 1.39%, closing above 24,000 for the first time at 24,272 and logging its largest single day gain since March. […]

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Morning Energy Blog – November 30, 2017

Equities and the Economy: • Dow closes at record. • Nasdaq has its worst day in 3 months. After closing at new record highs on Tuesday it was a bifurcated day yesterday for stocks. The 30 stock blue-chip Dow had a great day closing up 104 points, 0.4%, at yet another record high at 23,942 […]

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Morning Energy Blog – November 29, 2017

Equities and the Economy: • Stocks again close at record highs. • Dow has biggest daily gain in 3 months. Buoyed by continued progress on tax reform, investors came out yesterday clicking the “buy” button sending the 3 major U.S. equity benchmarks to record highs, again. The Dow popped a huge 226 points, 1.1%, to […]

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Morning Energy Blog – November 27, 2017

Equities and the Economy: • S&P and Nasdaq close at all-time highs. • Three major indexes post first weekly gain in three weeks. Although the equity markets closed early on Friday at 1 PM EST and trading was understandably very light, the three major U.S. indexes managed to all posted gains with the S&P 500 […]

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Morning Energy Blog – November 17, 2017

Equities and the Economy: • Equities rise sharply. • Strong corporate earnings and progress on tax reform. Well that wasn’t much of a dip. After falling 4 of the last 5 sessions, U.S. equities posted big gains yesterday. The Dow ended up a very nice 187 points, 0.8%, at 23,458. It was up as much […]

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Morning Energy Blog – November 16, 2017

Equities and the Economy:  • Dow and S&P have biggest percentage loss in 2 months. • Energy and progress on tax reform blamed. Well guess what folks? Stocks do go down. U.S. equities fell yesterday for the 4th of 5 sessions with yesterday’s losses the largest of the 4 days. The Dow fell 138 points, […]

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Morning Energy Blog – November 15, 2017

Equities and the Economy: • Dow off for 3rd of 4th session. • Losses remain minor. The major U.S. stock indexes finished lower yesterday with the Dow closing down 30 points at 23,409, the S&P 500 falling 6 points to 2,579 and the Nasdaq dipping 20 points to 6,738. The positive news is that the […]

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Morning Energy Blog – November 14, 2017

Equities and the Economy:   • Stocks eke out gains. • Major indexes remain near record highs. It was a muted session yesterday with the three main U.S. equity benchmarks posting very marginal gains yesterday. The Dow rose 17 points to 23,440, the S&P 500 climbed 3 points to 2,585 and the Nasdaq advanced 7 to […]

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Morning Energy Blog – November 13, 2017

Equities and the Economy: • Concerns on tax reform plans. • Profit taking. On concerns over the Senate’s tax plan, which delayed corporate tax cuts for a year, and with the strong performance of the equity markets in recent weeks, investors decided to take some profits on Friday. The Dow closed down 40 points at […]

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Morning Energy Blog – November 10, 2017

Equities and the Economy: • Stocks snap 7 session win streak. • Investors disappointed by Senate tax plan. U.S. stocks have climbed relentlessly higher of late and investors have been looking for an excuse to take profits, and they got one yesterday when the Senate released its tax plan. Whereas the House’s tax proposal immediately […]

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