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Archive for the ‘Saudi Arabia’ Category

Morning Energy Blog – February 16, 2016

Equities and the Economy The stock market was closed yesterday so let’s recap what happened Friday. Bottom line, it was outstanding! U.S. stocks snapped a five day losing streak logging their largest daily gains of the month led by financial and energy shares. The Dow closed up a big 314 points, an even 2%, at […]

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Morning Energy Blog – February 12, 2016

Equities and Economy Stocks tumbled yesterday as the Dow fell for the 5th consecutive day closing down 255 points, 1.60%, at 15,660. The S&P 500 lost 23, 1.23%, to 1,829. The Nasdaq fared the best closing down only 0.39%, at 4,267. It could have been, oh, so much worse. At 2:37 EST the Dow was […]

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Morning Energy Blog – February 10, 2016

Equities and the Economy U.S. stocks stabilized yesterday, i.e. stopped falling, in a day of choppy trading. The Dow closed down 13 points at 16,014, the S&P 500 was off a single digit to 1,852 and the Nasdaq fell 15 points to 4,269. We needed this after two days of material weakness. With the lack […]

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Morning Energy Blog – February 9, 2016

Equities and the Economy Unfortunately Super Bowl Monday began where Super Bowl Friday ended with another wave of selling sending U.S. equities markedly lower. The Dow fell 178 points, 1.1%, to 16,027, the S&P 500 sank 27, 1.4%, to 1,853 and the Nasdaq ended down 79, 1.8%, at 4,284. And it could have been worse. […]

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Morning Energy Blog – February 5, 2016

Equities and the Economy U.S. equities continue to climb the wall of worry posting a second consecutive day of gains with the Dow closing up 80 points, 0.49%, at 16,417, the S&P 500 up 2 to 1,915 and the Nasdaq up 6 to 4,510. All rose in the face of marginally declining oil prices. I […]

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Morning Energy Blog – February 1, 2016

Equities and the Economy In Friday’s Blog I stated that it looked like U.S. stocks on Thursday were gaining traction. Well on Friday they were like John Force at Lucas Oil Raceway screaming down the track at top speed and crossing the finishing line on their highs of the day. The Dow went ballistic closing […]

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Morning Energy Blog – January 27, 2016

Equities and the Economy Just as generals ordered their men in the Civil War to “hold the line” so did the S&P 500 1,862 to 1,869 “line” of support hold with equities strongly bouncing off that level and putting in a great performance yesterday. The Dow rose a big 282 points, 1.77%, finishing at 16,167, […]

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Morning Energy Blog – January 26, 2016

Equities and the Economy U.S. equities weren’t trading too badly for most of the day being marginally negative, until the last two hours and then it got ugly with selling coming in hard. At the bell the scorecard read Dow down 208 points, 1.3%, at 15,885, the S&P 500 off 30, 1.6%, to 1,877 and […]

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Morning Energy Blog – January 15, 2016

Equities and the Economy FINALLY. A good day! And a big day! The Dow closed up 228 points, 1.41%, to 16,379, the S&P 500 added 32 points, 1.67%, ending at 1,922 and the Nasdaq rose 89 points, 1.97%, to 4,615. As good as it was, and up is way better than down, the Dow captured […]

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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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