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Europe: +44 (0) 207 198 1634 Global temperatures in July vs. 1951-1980 average. Via NASA. NASA reports this was the hottest July on record. So we are now in “bet the mortgage” territory that 2015 will be the hottest year in NASA’s 125-year temperature record. In fact, 2015 is likely to crush the previous record — 2014 — probably by a wide margin, […]
Please note: This will be the last Morning Energy Blog until August 21st. I will be on vacation with my two teenage daughters trying to do some bonding, if that’s even possible with teenagers. Equites and the Economy As I mentioned yesterday, the global equities market got hit with a tsunami yesterday when Monday night […]
Note: Tomorrow will be the last Morning Energy Blog until Friday August 21st. The author is taking a long overdue vacation with his daughters. Equities and the Economy U.S. stocks had a great day yesterday (finally) closing near their highs for the day. The Dow shot up 242 points, 1.39%, at 17,615, the S&P 500 […]
Equities and the Economy Good morning and happy National Raspberries N’ Cream Day. U.S. stocks ended lower once again yesterday primarily driven but weak earnings, but technicals are also playing a role. Regarding the former, it was the media companies turn to get slammed yesterday (remember this is after Disney, another stock market “general,” lost […]
Equites and the Economy Good morning and happy National Oyster Day. For a third consecutive day U.S. stocks closed lower with the Dow falling 47 points, to 17,551, the S&P 500 lost 5 closing at 2.093 and the Nasdaq was off 9 to 5,106. Similar to the previous sessions all the indexes closed well off […]
Equities and the Economy Good morning and happy National Watermelon Day. U.S. equities ended the week on a weak note with all three major indexes posting marginal losses. The Dow ended down 56 points, .032%, the S&P 500 fell 5, 0.22%, to 2,104 and the Nasdaq was off a single digit to 5,128. Energy stocks […]
Equities and the Economy Good morning and happy National Chili Dog Day. U.S. stocks rallied for a second day in a row yesterday with the S&P 500 leading the way gaining 16 points, 0.75%, to 17,751 followed by the Dow which posted a 121 point rise, 0.68%, closing at 17,751 and the Nasdaq in third […]
Good morning and happy National Chicken Wing Day. After a day of global equity destruction that dragged the Dow to its lowest level in 6 months equities in Europe and the U.S. bounced back yesterday with the bellwether S&P 500 leading the way rising 1..23%, a nice 25 points, ending at 2,093. The Dow and […]
Equities and the Economy Good morning and happy National Get Out of the Dog House Day. Stocks closed mixed on Friday but of note was the Nasdaq closed at a new record high gaining 47 points (0.91%) to 5,201. The tech heavy index was powered higher by Google which announced Q2 spectacular earnings. So how […]
Equities and the Economy Good morning and happy Wrong Way Corrigan Day (Google that). It was a good day on Wall Street yesterday with major indexes around the globe closing higher including those here in the U.S. The Dow climbed 70 to 18,120, the S&P 500 added 17 to 2,124 and the Nasdaq rose 64 […]
