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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. Rally on, baby, rally on! Yesterday the Dow scored its biggest daily rise in about a month jumping more than 300 points and the S&P 500 finished with gains for the 5th consecutive session, its longest winning stretch since last December. When the bell rang ending the day the […]
Equities and the Economy Good morning. Crazy is an understatement for Friday’s price action! So how crazy was it??? Friday was the most volatile single day for the S&P 500 and Dow in four years, specifically, October 4, 2011! And the great news was that it was for the good! Early in day after the […]
Source: U.S. Energy Information Administration, Energy Disruptions Hurricane Joaquin, which strengthened to a Category 4 storm on Thursday, is on track to move north along the East Coast this weekend, potentially bringing torrential rainfall and flooding to the region. To help analysts assess potential storm effects, EIA maintains an energy disruptions map that displays energy infrastructure and […]
Equities and the Economy Good morning. Not a good day folks. Not a good day at all. U.S. equities followed European stocks lower with the latter closing down between 2.12% and 2.76% while stocks here in the U.S. fell about the same. When the bloodletting was over the Dow lost 313 points, 1.92% closing at […]
Equities and the Economy Good morning. Friday was a very mixed day for U.S. equities. The Dow ended the week on a positive note closing up 113 points, 0.7%, at 16,215, the S&P 500 closed just about unchanged, down 1 point, and the Nasdaq got hammered falling 1.03%, 48 points, ending at 4,686. The Dow […]
Equities and the Economy Good morning. Make that the last 5 out of 6. I’m talking about the number of days U.S. stocks have traded lower. The Dow closed down 79 points, 0.48%, at 16,201, the S&P 500 fell 7, 0.34%, to 1,932 and the Nasdaq was off 18, 0.38%, ending at 4,734. My friends, […]
Equities and the Economy A morning rally in U.S. equities fizzled out in the afternoon and stocks closed lower on the day with the Dow down 51 points to 16,280 and the S&P 500 and Nasdaq both losing 4 points closing at 1,939 and 4,753, respectively. It could have been a much worse day for […]
Good morning. After Monday’s head fake getting us excited with the gains equities resumed their downward trend from last Friday with the Dow closing 179 points, 1.09%, lower at 16,330, the S&P lost 24, 1.23%, to 1,943 and the Nasdaq closed ended down 72, 1.50%, at 4,757. Now the good news is that as a […]
Good morning. After mass liquidation of length on Friday following the Fed’s decision on Thursday not to raise interest rates it was an about-face yesterday with risk once again in vogue yesterday. The Dow rose 126 points, 0.77%, closing at 16,510, the S&P 500 added 9, 0.46%, to 1,967 and the Nasdaq inched up 2 […]
HOUSTON — September is about halfway through this year’s hurricane season, and so far the seas have been calm. Every so often, the Atlantic produces a storm strong enough to shutter offshore oil and natural gas production and, if large enough, impact refining and transportation along the Gulf Coast. That hasn’t happened this year, and […]
