Crude Oil Prices May Fall Absent Hopes For Deeper Output Cuts
Crude oil prices tumbled after tanker tracker Petro-Logistics SA said OPEC output will exceed 33 million barrels per day in July, making it the largest yet this year. That stocked skepticism about the ability of the cartel-led production cut effort to work off a global supply glut and boost prices. All eyes now turn to St. Petersburg, where representatives […]
Stocks Watchlist: INCY, CAVM, ACM
Today’s stock picks Long Incyte (INCY) Long Cavium Networks (CAVM) Short Aecom Technology (ACM)
Oil Got Trounced And Solar Soared In The First Half
The first half of 2017 marked the worst first-half performance for crude oil since 1998. The price of West Texas Intermediate (WTI) and Brent crude both fell 14% in the first half of the year. Coal and natural gas also declined by more than 10% in the first half. Nearly every segment of the energy […]
What Kinder Morgan Tells Us About MLPs
Kinder Morgan (KMI) reported earnings last week, including a long expected dividend hike and a pleasantly surprising stock buyback. In many ways the stock performance and corporate finance moves of KMI reflect the Master Limited Partnership (MLP) sector as a whole. Pre-Shale Revolution, Kinder Morgan Partners (KMP) had rewarded investors with steady distribution growth and […]
Stocks To Watch In Summer
Hey guys, as summer is here my writing frequency went a little down, sorry for that but summer time is one of the best times of the year :). Nevertheless let’s have a look at the current development of the stock market. Although I said my main investment focus until the end of the year […]
Reliance Industries Beats Estimates; Euro Near Two Year High And Top Cues To Watch Out Today
Indian share markets edged higher in the afternoon session and finished the trading day on a firm note. At the closing bell on Friday, the BSE Sensex stood higher by 124 points, while the NSE Nifty finished up by 42 points. The S&P BSE Mid Cap finished flat while & S&P BSE Small Cap finished down by 0.1%. Gains were largely seen in software stocks, oil […]
Stocks And Precious Metals Charts For The Week Ending 21 July – No Fear
“He who sows good seed is the Son of Man, the field is the world, the good seed the children of the kingdom. The weeds are the children of the evil one, and the enemy who sows them is the devil. The harvest is the end of the age, and the harvesters are angels. Just […]
Morgan Stanley: “The Debt Ceiling Worries Us Most”
In the latest Sunday Start report from Morgan Stanley’s Andrew Sheets, the bank’s chief cross-asset strategist looks at the current state of the market – “the S&P 500, Russell 2000 and Nasdaq have hit all-time highs. Volatility has plunged back down near all-time lows. Credit is tighter and yields have been stable” – and asks the […]
US Dollar Turns To FOMC Rate Decision, Q2’17 US GDP To Stop The Bleeding
Fundamental Forecast for DXY Index: Neutral – Coming week is back-loaded with key economic data and events: the FOMC rate decision on Wednesday, the preliminary June Durable Goods report on Thursday, and the initial Q2’17 GDP reading on Friday. – US Dollar (via DXY Index) is just off of yearly lows as economic data trends have remained downward sloping; it […]
EC Gambling: A State Of The World Report
The press regularly reminds us that we live in a world teeming with dangerous addictions. They include: drinking, drugs, sex, and gambling. The reality is that most people enjoy these activities and incorporate them into their lives without becoming addicted. In this piece, I examine what is happening in gambling by region and type with an […]
