Return to Blog

Archive for the ‘OPEC’ Category

Morning Energy Blog – December 15, 2017

Equities and the Economy: • Dow ends 5 session advance. • Equities moving on tax bill news. The Dow broke its 5 session, 4 record high advance yesterday closing down 77 points at 24,509. The S&P 500 fell 11 points, 0.41%, to 2,652 and posting its largest daily percentage drop since November 15th. Don’t panic […]

View Here

Morning Energy Blog – December 14, 2017

Equities and the Economy: • Dow closes at record high. • Fed raises interest rates. As almost universally expected, the Fed raised the overnight lending interest rate (Fed funds rate) a ¼% yesterday marking its 3rd rise in 2017 to 1.5%. The increase was baked into the markets and the equity action was choppy yesterday. […]

View Here

Morning Energy Blog – December 6, 2017

Equities and the Economy: • Profit taking continues. • S&P falls for third consecutive session. The bulls continue to be frustrated with a lack of new buying. The S&P 500 fell for its third straight session closing down 7 points at 2,631 and the Dow lost 87 points to 24,201. That being said, the two […]

View Here

Morning Energy Blog – December 5, 2017

Equities and the Economy: • Dow closes at record high. • Portfolio rebalancing continues. In a very volatile day U.S. equities closed mixed. Yesterday morning the three major indexes were up big driven higher by the Senate’s passage of their version of the tax reform bill over the weekend with the Dow up over 200 […]

View Here

Morning Energy Blog – December 4, 2017

Equities and the Economy: • Stocks end slightly lower. • Rotation out of tech continues. U.S. equities ended lower on Friday on the news surrounding former national security advisor Michael Flynn pleading guilty to lying to the FBI adding an element of political uncertainty into the markets. On the day the Dow lost 41 points […]

View Here

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. […]

View Here

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 […]

View Here

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 […]

View Here

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 […]

View Here

Morning Energy Blog – November 22, 2017

Equities and the Economy: Another strong performance for global equities. All three major indexes finish at record highs. With investors optimistic about global economic growth and current strong earnings, stock markets around the world posted a good performance including those in the U.S with the three major indexes closing at record highs.  The Dow logged […]

View Here