US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Back in 2009, a colleague started laughing as I was explaining how El Niño affects energy markets in the Americas. When I asked why, he told me to Google ‘Chris Farley El Niño’. While Chris Farley’s short skit (in which the late comedian, dressed as an overweight wrestler, dramatically explains that “El Niño is Spanish […]
Equities and the Economy As I suspected, with it being Veteran’s Day yesterday and the bond market and banks closed, U.S. equities really didn’t do much. Trading was directionless and when the final bell rang the Dow was off 56 at 17,702, the S&P 500 closed down 7 at 2,075 and the Nasdaq fell 16 […]
Equities and the Economy After six consecutive weeks of gains (the longest positive streak of the year) U.S. equities stumbled yesterday with the Dow falling a little over one percent (1.01%), 180 points, to 17,730. The Nasdaq fell the same percentage as the Dow, 52 points, ending at 5,095. The S&P 500 fell 20, 0.96%, […]
Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas in storage reached 3,929 billion cubic feet (Bcf) as of October 30, according to EIA’s latest Weekly Natural Gas Storage Report. This level matches the previous weekly record of 3,929 Bcf set November 2, 2012. Although October marks the traditional end of […]
Equites and the Economy U.S equities closed mixed to higher on Friday digesting the Labor Department’s Employment Situation report. The Dow gained 47 to 17,910 and the Nasdaq climbed 19 to 5,147 while the S&P 500 lost a point. Although the S&P fell, all three major indexes posted their 6th straight week of gains with […]
Equities and the Economy As I suspected, U.S. equities did nothing yesterday closing ever so marginally lower with investors waiting for today’s Labor Department’s Employment Situation report for October. The Dow fell a meaningless 5 points to 17,863, the S&P 500 closed down an also meaningless 2 to and even 2,100 and the Nasdaq lost […]
Equities and the Economy Good morning. U.S. equities experienced small losses yesterday with the Dow off 51 points to 17,868, the S&P 500 falling 7 to 2,102 and the Nasdaq dropping an immaterial 3 points to 5,142. Total chatter. I would have actually expected more of a pullback considering how much stocks have gained over […]
Equities and the Economy Good morning. U.S. equities added to their gains of October and the first trading session of November with the Dow climbing 89 points, 0.50%, to 17,918, the S&P 500 adding 6, 0.28%, to 2,110, and the Nasdaq adding 18, 0.35%, to 5,145. Investors liked the data that 1) the U.S. auto […]
Texas’ electric grid is expected to hold up even better than initially expected in the upcoming, rainier-than-usual winter months , according to the agency that manages nearly 90 percent of the state’s grid. The Electric Reliability Council of Texas is projecting to have more power capacity in reserve than originally anticipated thanks to more wind […]
Equities and the Economy Although U.S. equities closed lower on Friday with the Dow down 92 to 17,664, the S&P 500 falling 10 points to 2,079 and the Nasdaq off 20 to 5,054, the month of October 2015 was the best month for stocks in four years! For the month the Dow gained 8.5%, the […]
