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Posts Tagged ‘OPEC’

Morning Energy Blog – August 11, 2017

Equities and the Economy: • S&P 500 has biggest one-day drop in almost 3 months. • Dow falls for 3rd consecutive day. Just as I talk about a lack of volatility, wham! The stock market gets whacked! Yesterday the Dow fell for the 3rd consecutive day losing 205 points, 0.93%, closing at 21,844. The S&P […]

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Morning Energy Blog – August 10, 2017

Equities and the Economy: • Stocks slip. • Disney weighs on Dow. U.S. equities slipped for a second day with the Dow closing down 37 points at 22,049, the S&P 500 off a point to 2,474 and the Nasdaq falling 18 to 6,352. Walt Disney Company, who announced they are going to end their distribution […]

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Morning Energy Blog – August 9, 2017

Equities and the Economy: • Dow streak of record closes snapped. • North Korea excuse to reduce risk. Although all three major U.S. stock indexes hit record highs intraday, they closed lower on the day after President Donald Trump vowed to respond aggressively to any threats from North Korea with investors reducing risk. That being […]

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Morning Energy Blog – August 8, 2017

Equities and the Economy: • Dow and S&P log new highs. • Goldilocks conditions. Although gains were modest, they were enough to send the Dow and S&P 500 into record territory. Yesterday the Dow rose 26 points to 22,118 marking the blue-chip’s 9th consecutive record close. The S&P added 4 to 2,481, also a new […]

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Morning Energy Blog – August 7, 2017

Equities and the Economy: • Solid July jobs report. • Dow posts 8th consecutive record close. On the heels of a very solid Labor Department jobs report on Friday the Dow propelled to a new record close of 22,093 closing up 67 points. While the S&P 500 and Nasdaq didn’t end at records, they both […]

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Morning Energy Blog – August 4, 2017

Equities and the Economy: • New record highs continue to be set. • Weekly jobless claims at 44 year low. I’ve been travelling on business this week and the last Morning Energy Blog was last Friday discussing the previous Thursday’s price action. I’ll summarize the equities market since I’ve been gone this way. I should […]

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Morning Energy Blog – July 28, 2017

Equities and the Economy: • Dow closes at record high. • May be seeing some profit taking. Although the S&P 500 and Nasdaq closed lower, down 2 at 2,475 and down 41 to 6,382, respectively, the Dow managed to post a new record high gaining 86 points closing at 21,797. The latter was driven higher […]

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Morning Energy Blog – July 27, 2017

Equities and the Economy: • Fed leaves interest rates unchanged. • Equities march higher. Stock prices continued their seemingly inexorable march higher yesterday. While the gains weren’t huge they were enough to set record highs for the three major indexes. The Dow rose 98 points, 0.5%, to close at 21,711, the S&P 500 eked out […]

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Morning Energy Blog – July 26, 2017

Equities and the Economy: • New record highs across the board. • Corporate earnings continue to look good. The board was painted green yesterday with all the major indexes closing at new record highs. The Dow gained 100 points, 0.5%, finishing at 21,613, the S&P 500 tacked up 7 points, 0.3%, ending at 2,481 and […]

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Morning Energy Blog – July 25, 2017

Equities and the Economy: • U.S. stocks end mixed. • Nasdaq hits another record high. It was a relatively quiet day yesterday with mixed price action. The Dow fell 67 points to 21,513 and the S&P lost 3 points to end at 2,470. Meanwhile the Nasdaq posted a 23 point gain finishing at 6,411, is 41st record […]

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