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Europe: +44 (0) 207 198 1634 Good morning. It appears investors are getting into the holiday season. Yesterday they once again pushed the Dow and S&P 500 to record highs. Whoo-hoo-hoo! The numbers were the Dow popped 40 points, 0.2% to 17,688, the S&P 500 rose 11, 0.5%, to 2,052 and the Nasdaq did the best up 31 points, 0.7%, to […]
Good morning. Natural gas gets the lead position today. The cold weather over the past week or so has been a crank on a spring turning it tighter and tighter and tighter. Yesterday the spring sprung in full force. The December natural gas contract exploded 32.1¢, 6.9%, higher yesterday closing at $4.341. Yesterday’s move was […]
Good morning. U.S. equities started the day on Friday flat, traded there all day and closed the same with the Dow closing down 18 points at 17,635, the S&P 500 ending flat to Thursday at 2,040 and the Nasdaq gaining 8 to 4,689. For the week the Dow and S&P gained 0.4% and the Nasdaq […]
Good morning. As you regular readers know, I usually begin this report with equities for equities often influence oil prices (natural gas operates in its own little world!) but today oil gets the lead spot. Why? Because yesterday both WTI and Brent hit 4 year lows. WTI closed down a whopping $2.97, 3.9%, at $74.21 […]
Good morning. I’ve been travelling on business the last three days hence the last Morning Energy Blog was last Friday reflecting Thursday’s market action. Let’s see what’s transpired since that time. Last Thursday the Dow, S&P 500 and Nasdaq closed at 17,555, 2,031 and 4,638, respectively. Yesterday the Dow closed at 17,612, the S&P at […]
The Massachusetts Green Communities Act, passed in 2008, encourages cities and towns to employ sustainable energy practices and reduce their carbon footprints. Many communities have responded to this challenge by taking part in net metering programs, which offer an innovative and effective way to incentivize investment in renewable energy. Net metering programs allow cities and […]
Important Notice: The next Morning Energy Blog will be posted on Thursday November 13, 2014. Good morning. In a volatile session U.S. equities edged higher yesterday with the Dow rising 70 points to 17,555, the S&P 500 up 8 to 2,031 and the Nasdaq closing 18 points higher at 4,638. Ding, ding, ding! The Dow […]
Good morning. Trifecta. Heard the term? No, I’m not talking about the horserace track. I’m talking about U.S. equities. Specifically, a Dow Trifecta. That’s when the Dow Industrials, the Dow Transports and the Dow Utilities all close at record highs. Yesterday the Dow jumped 101 points closing at 17,485. The Dow Transports rose 0.47% and […]
Good morning. You know what today is? It’s the day you poor souls in states where there were contested congressional or gubernatorial races stop getting barraged with caustic television ads and political survey calls blowing up your telephone during dinner! Three cheers! Last night’s midterm elections were more exciting than the action in yesterday’s equities […]
Good morning. Coming off record highs and penultimate election day investors stayed on the sidelines and the markets yesterday ended pretty flat to Friday. The Dow fell 25 points to 17,366, the S&P 500 closed flat at 2,018 and the Nasdaq managed to eke out a gain of 8 to 4,639. As I mentioned in […]
