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Archive for the ‘OPEC’ Category

Morning Energy Blog – January 11, 2016

Equities and the Economy A really good monthly jobs report boosted stock futures early Friday and in early trade but was not enough to rescue last week being the worst 5 day beginning to a year ever for the U.S. stock market. On Friday, the Dow fell 168 points, 1.02%, to 16,346, the S&P 500 […]

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Morning Energy Blog – January 8, 2016

Equities and the Economy And the pain continued. U.S. stocks had their worst day in three months yesterday marking the worst start to a new year for the S&P 500 and Dow Jones ever. Yes in history! On the heels of the Chinese stock market being halted for trading for the second time this week […]

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Morningstar: The outlook is bleak for oil in 2016

HOUSTON — Investment research group Morningstar said Tuesday that the oil glut and low prices are likely to last at least through next year. “Declining U.S. oil production over the next several quarters will help reduce global oversupply, but in our opinion, that alone cannot quickly fix the current global imbalances, signaling an extended downturn […]

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Morning Energy Blog – December 17, 2015

Equities and the Economy The rally is in full force however yesterday it wasn’t Santa Clause who brought the present, but it is someone with white hair: Janet Yellen. And the present was the strangest form, an interest rate hike. So how can this be?! Especially when the Fed said the hike was a tentative […]

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Morning Energy Blog – December 7, 2015

Equities and the Economy Schizophrenic. That’s the only way to describe the action in the U.S. equity markets. On Thursday we had the worst day in 3 months with the Dow losing 252 points, 1.42%, and on Friday we have the best day in 3 months with the Dow posting a gain of a whopping […]

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Morning Energy Blog – December 4, 2015

Equities and the Economy As stated in my blog yesterday, Tuesday was a tough day on Wall Street. Yesterday was a bloodbath. U.S. stocks sold off with the Dow closing down 252 points, 1.42%, at 17,478, the S&P 500 fell 30, 1.42%, to 2,050 and the Nasdaq was the big loser closing down 1.66%, 85 […]

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Morning Energy Blog – December 2, 2015

Equities and the Economy After a few lackluster sessions U.S. equities jumped nicely yesterday with the Dow gaining 168 points, 0.85%, ending at 17,888, the S&P 500, the winner for the day, climbed 23 points, 1.09%, to 2,103 and the Nasdaq added 47, 0.93%, to 5,156. The S&P closed above 2,100 for the first time […]

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Morning Energy Blog – December 1, 2015

Equities and the Economy U.S. equities closed modestly lower yesterday with the Dow falling 79 points, 0.4%, to 17,720, the S&P 500 losing 10 points, 0.5%, and the Nasdaq closing down 19, 0.4%, at 5,209. The consumer discretionary sector, which includes companies like Macy’s, Kohl’s, Wal-Mart and Target, were the big losers on the day. […]

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Morning Energy Blog – November 25, 2015

Equities and the Economy U.S. stocks bounced back nicely yesterday from initial knee jerk selling on the news of Turkey shooting down a Russian military jet. In the morning Dow futures were down over a hundred points but rallied back nicely with all the major bourses closing in the green, marginally, but in the green. […]

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Morning Energy Blog – November 24, 2015

Equities and the Economy Good morning. After last week’s big gains U.S. equities began the week on a quiet note with the Dow closing down 31 points at 17,793, the S&P 500 falling 2 points to 2,087 and the Nasdaq slipping 2 to 5,102. Chatter. While M&A activity usually gives a boost to the equity […]

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