US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Good morning. I hope everyone enjoyed the holiday and got a chance to spend time with your loved ones. Let’s see what’s transpired since last Monday which was the last closing data reported. On that day the Dow and S&P 500 closed at record highs of 17,818 and 2,069, respectively. The Nasdaq closed at 4,755. […]
Good morning. Once again the Dow and S&P 500 set record highs but by the barest of margins. The Dow added a mere 8 points to 17,818 and the S&P gained 6 to 2,069. The bellwether S&P has risen 7 of the last 8 days and has gained 12% this year. Remember, this is after […]
Good morning. Equities around the world got a one-two punch for global growth on Friday! Kudos go to Mario Draghi but even more to the People Bank of China (PBOC). Mr. Draghi, President of the ECB, stated on Friday the economy in the eurozone was weaker than had been feared and inflation lower than had […]
Good morning. World markets slipped. Japan’s yen fell to another 7 year low. And the Dow and S&P 500 hit record highs again with the former closing 33 points higher at 17,719 and the latter adding 4 points to 2,053. This was a nice rebound for when I wrote this report yesterday morning Dow futures […]
Good morning. After hitting new highs on Tuesday U.S. equities slipped back yesterday but the damage was extremely minor. The Dow lost 2 to 17,686, the S&P 500 ended down 3 to 2,049 while the Nasdaq fared much worse shedding 27 points to 4,676. Not bad considering the S&P has hit 8 record highs and […]
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 […]
