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Archive for the ‘OPEC’ Category

Morning Energy Blog – June 1, 2017

Equities and the Economy: • Stocks post very marginal daily loss. • Three major indexes post monthly gains. U.S. stocks closed very marginally lower yesterday. The Dow lost 21 points closing at 21,009, the S&P 500 dropped a single point to 2,412 and the Nasdaq ended off 5 at 6,199. Chatter. It was a good […]

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Morning Energy Blog – May 31, 2017

Equities and the Economy: • S&P and Nasdaq break 7 session winning streak. • Losses very minimal. The S&P 500 and Nasdaq both closed lower yesterday breaking their seven consecutive session winning streak. The S&P closed down 3 points to 2,413 and the Nasdaq was off 7 points to 6,203. These losses are extremely minimal […]

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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 18, 2017

Equities and the Economy: • Stocks post worst daily performance in 8 months. • Investors deleverage on belief President Trump’s pro-growth agenda delayed. Ugly. Very ugly. “Black swan” events are by definition unforeseen and yesterday’s came from the political arena. After marking record highs as recently as Monday, the U.S. major indexes got obliterated yesterday […]

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