Return to Blog

Archive for the ‘Saudi Arabia’ Category

Morning Energy Blog – September 15, 2017

Equities and the Economy: • Dow closes at record high. • Markets shrugging off geopolitical events. Although the major U.S. indexes ended mixed yesterday the Dow’s gain of 45 points to 22,203 was enough to log its third consecutive record high. The S&P 500 fell 3 points to end at 2,496 and the Nasdaq finished […]

View Here

Morning Energy Blog – September 11, 2017

Equities and the Economy: • U.S. stocks closed mixed. • Post small loss for the week. Investors stayed on the sidelines on Friday waiting to see what Irma’s impact would be as well as whether North Korea was going to fire another missile. The Dow eked out a small gain of 13 points to finish […]

View Here

Morning Energy Blog – August 11, 2017

Equities and the Economy: • S&P 500 has biggest one-day drop in almost 3 months. • Dow falls for 3rd consecutive day. Just as I talk about a lack of volatility, wham! The stock market gets whacked! Yesterday the Dow fell for the 3rd consecutive day losing 205 points, 0.93%, closing at 21,844. The S&P […]

View Here

Morning Energy Blog – August 10, 2017

Equities and the Economy: • Stocks slip. • Disney weighs on Dow. U.S. equities slipped for a second day with the Dow closing down 37 points at 22,049, the S&P 500 off a point to 2,474 and the Nasdaq falling 18 to 6,352. Walt Disney Company, who announced they are going to end their distribution […]

View Here

Morning Energy Blog – August 8, 2017

Equities and the Economy: • Dow and S&P log new highs. • Goldilocks conditions. Although gains were modest, they were enough to send the Dow and S&P 500 into record territory. Yesterday the Dow rose 26 points to 22,118 marking the blue-chip’s 9th consecutive record close. The S&P added 4 to 2,481, also a new […]

View Here

Morning Energy Blog – August 7, 2017

Equities and the Economy: • Solid July jobs report. • Dow posts 8th consecutive record close. On the heels of a very solid Labor Department jobs report on Friday the Dow propelled to a new record close of 22,093 closing up 67 points. While the S&P 500 and Nasdaq didn’t end at records, they both […]

View Here

Morning Energy Blog – August 4, 2017

Equities and the Economy: • New record highs continue to be set. • Weekly jobless claims at 44 year low. I’ve been travelling on business this week and the last Morning Energy Blog was last Friday discussing the previous Thursday’s price action. I’ll summarize the equities market since I’ve been gone this way. I should […]

View Here

Morning Energy Blog – July 25, 2017

Equities and the Economy: • U.S. stocks end mixed. • Nasdaq hits another record high. It was a relatively quiet day yesterday with mixed price action. The Dow fell 67 points to 21,513 and the S&P lost 3 points to end at 2,470. Meanwhile the Nasdaq posted a 23 point gain finishing at 6,411, is 41st record […]

View Here

Morning Energy Blog – July 19, 2017

Equities and the Economy: • S&P 500 and Nasdaq close at record highs. • Trading volume very low. U.S. stocks shrugged off concerns of the failure of Senate Republicans to push through a healthcare bill with both the S&P 500 and Nasdaq posting new record highs. The former did so barely edging up a single […]

View Here

Morning Energy Blog – June 14, 2017

Equities and the Economy: • Dow and S&P set record highs. • FOMC meeting concludes today. After two days of capitulation technology shares rebounded pushing the Dow and S&P 500 to new record highs. The Dow gained 93 points to close at 21,328 and the S&P rose 11 points to 2,440. While the Nasdaq didn’t […]

View Here