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Archive for the ‘EIA’ Category

Morning Energy Blog – November 16, 2017

Equities and the Economy:  • Dow and S&P have biggest percentage loss in 2 months. • Energy and progress on tax reform blamed. Well guess what folks? Stocks do go down. U.S. equities fell yesterday for the 4th of 5 sessions with yesterday’s losses the largest of the 4 days. The Dow fell 138 points, […]

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Morning Energy Blog – November 15, 2017

Equities and the Economy: • Dow off for 3rd of 4th session. • Losses remain minor. The major U.S. stock indexes finished lower yesterday with the Dow closing down 30 points at 23,409, the S&P 500 falling 6 points to 2,579 and the Nasdaq dipping 20 points to 6,738. The positive news is that the […]

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Morning Energy Blog – November 14, 2017

Equities and the Economy:   • Stocks eke out gains. • Major indexes remain near record highs. It was a muted session yesterday with the three main U.S. equity benchmarks posting very marginal gains yesterday. The Dow rose 17 points to 23,440, the S&P 500 climbed 3 points to 2,585 and the Nasdaq advanced 7 to […]

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Morning Energy Blog – November 10, 2017

Equities and the Economy: • Stocks snap 7 session win streak. • Investors disappointed by Senate tax plan. U.S. stocks have climbed relentlessly higher of late and investors have been looking for an excuse to take profits, and they got one yesterday when the Senate released its tax plan. Whereas the House’s tax proposal immediately […]

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Morning Energy Blog – November 9, 2017

Equities and the Economy: • Slight gains set record highs once again. • No alternative to equities. U.S. stocks booked small gains yesterday but enough to yet again post new record highs. The Dow closed up a meager 6 points at 23,563, the S&P 500 gained 4 points to 2,594 and the Nasdaq Composite rose […]

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Morning Energy Blog – November 3, 2017

Equities and the Economy: • Another record high for the Dow. • House Republicans unveil tax cut bill. The Dow yesterday rallied 81 points to close at a new record high of 23,516. This is the 55th record closing high for the blue-chip index this year. Absolutely amazing! The S&P 500 closed flat to Wednesday […]

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Morning Energy Blog – November 1, 2017

Equities and the Economy: • Nasdaq ends at record high. • Dow & S&P log 7th consecutive monthly rise. The three major indexes all closed higher yesterday.  The Dow rose 29 points to 23,377 while the S&P 500 added a couple of points finishing at 2,575.  The Nasdaq had a fine day advancing 29 points to […]

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Morning Energy Blog – October 31, 2017

Equities and the Economy: • Stocks pull back from record territory. • Falling Merck shares and fiscal policy drivers. U.S. stocks pulled back from record territory yesterday with the Dow closing down 85 points at 23,349, the S&P 500 losing 8 points to 2,573 and the Nasdaq Composite slipping 2 points to 6,699.  A couple of […]

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Morning Energy Blog – October 30, 2017

Equities and the Economy: • S&P and Nasdaq log new record highs. • Q3 GDP posts solid growth for second consecutive quarter. On Friday both the S&P 500 and Nasdaq set new record highs. The S&P ended 21 points higher at 2,581. The Nasdaq advanced a whopping 144 points (2.2%!) ending at 6,701 logging its best […]

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Morning Energy Blog – October 27, 2017

Equities and the Economy: • Equities rebound. • Strong corporate earnings reports. After suffering their biggest daily decline in 7 weeks, the Dow and S&P 500 rebounded, however, the Nasdaq edged lower. The Dow posted a 71 point gain to 23,401 and the S&P 500 added 3 points to 2,560, but the Nasdaq slipped 7 […]

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