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Europe: +44 (0) 207 198 1634 IMPORTANT – I believe the scrolling issue some of you had has been resolved. Please let me know if indeed it’s fixed. Thanks. Good morning. Everywhere you want to be. And it was right where we wanted it to be yesterday posting earnings that crushed estimates. I’m talking about Visa which climbed 10.2% yesterday on […]
IMPORTANT. As you know the Morning Energy Report (now named “Blog”) is being delivered to you via a link to our website where it and a plethora of other information and energy data are available. I’ve received feedback from a few readers they are having difficulty reading the Blog, specifically, not being able to scroll […]
IMPORTANT. As you know the Morning Energy Report (now named “Blog”) is being delivered to you via a link to our website where it and a plethora of other information and energy data are available. I’ve received feedback from a few readers they are having difficulty reading the Blog, specifically, not being able to scroll […]
Good morning. After about 3 weeks of crazy volatility I guess equities became exhausted (at least I know traders were!) and took the day off yesterday ending mostly flat to Friday. The Dow rose 12 points to 16,818, the S&P 500 fell 3 to 1,962 and the Nasdaq added 2 to 4,486. Shares of energy […]
Good morning. Friday ended a solid week of gains for U.S. equities with the Dow closing up a hefty 128 points at 16,805, the S&P 500 adding 14 to 1,965 and the Nasdaq closing at 4,484, up a big 31. For the week the Dow rose 2.6%, the S&P 4.1% and the Nasdaq 5.3%. It […]
Good Morning. Yesterday was the antithesis of Tuesday. A bad day. A very bad day. The S&P 500 traded up to the level I mentioned in my Report on Tuesday, 1,949 (technically I said 1,930 to 1,943 but most definitely close enough), and failed. We actually traded marginally higher in the morning, as high as […]
Good Morning. An excellent day. A very excellent day! A day those bad bears limped wounded back to their caves. On the heels of word the ECB is considering buying corporate bonds (which pushed up Germany’s, France’s and London’s stock markets up 1.95, 2.3% and 1.7, respectively) and very good earnings reports from Apple all […]
Good Morning. We got back from a wild week yesterday with everyone wondering if the bears would emerge from their hibernation over the weekend and pick up where they left off last Thursday. Well the market worked really hard to not make a lot of noise and not wake the bears yesterday and stocks moved […]
Good morning. After five days of massive intraday swings and steep losses the U.S. equities market rallied very nicely on Friday with the all the major indexes closing out the week registering more than 1% gains on Friday. The Dow climbed 263 points, 1.6%, closing at 16, 380, the S&P 500 added 24, 1.3%, to […]
Good morning. During the last hour of trading yesterday I felt like I was hanging onto the edge of a 50 ft. ledge just hoping selling wouldn’t come pouring in at the close. And it didn’t. Whew! Although the Dow did close down 24, at 16,117, it could have been a lot worse for about […]
