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Archive for the ‘WTI’ Category

Morning Energy Blog – February 11, 2016

Equities and the Economy We had a second day of chop yesterday with the Dow closing down 99 at 15,915, the S&P 500 literally closing flat to Tuesday at 1,852 and the Nasdaq actually managing to post a gain of 15 points ending at 4,284. However, I was very concerned how we got to those […]

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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 8, 2016

Equities and the Economy First of all, I want to congratulate all of you who are reading this at work. Over 1.5 million workers call in sick today, the day after Super Bowl, and millions are late. Maybe it has something to do with the 325 million gallons of beer drank yesterday! I’m sure a […]

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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 4, 2016

Equities and the Economy Yesterday, the Dow, S&P 500 and Nasdaq closed at 16,337, 1,913 and 4,504, respectively. Let’s see how this compares to last Friday’s closes which is when we had our last Blog data. Last Friday the Dow, S&P 500 and Nasdaq closed at 16,466, 1,940 and 4,614, respectively. So we’ve little ground […]

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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 29, 2016

Equities and the Economy Just like the tires of your car for you in the northeast gaining traction with the ice melting, the U.S. equities market just might be gaining some traction. Yesterday the Dow rose a nice 126 points, 0.79%, to 16,070, the S&P 500 added 10, 0.53%, ending at 1,893 and the Nasdaq […]

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Morning Energy Blog – January 28, 2016

Equities and the Economy The big news affecting the market yesterday was what the FOMC would say in its post meeting communique at 2:00 PM EST. As a matter of background, the message the Fed was sending in December 2015 was there would be multiple (4?) interest rate increases in 2016. Then oil prices and […]

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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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