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Archive for the ‘OPEC’ Category

Morning Energy Blog – November 17, 2017

Equities and the Economy: • Equities rise sharply. • Strong corporate earnings and progress on tax reform. Well that wasn’t much of a dip. After falling 4 of the last 5 sessions, U.S. equities posted big gains yesterday. The Dow ended up a very nice 187 points, 0.8%, at 23,458. It was up as much […]

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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 7, 2017

Equities and the Economy: • Stocks continue to set record highs. • Corporate earnings and merger talk drivers. Pushed by positive corporate earnings reports and merger (actually mega-merger!) talks the primary stock indexes closed at record highs yesterday. While the Dow and S&P 500 posted marginal gains it was enough to set new records. The […]

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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 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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Morning Energy Blog – October 26, 2017

Equities and the Economy: • U.S. stocks have worst day in 2 months. • Corporate earnings disappoint. I have something new to report. Stocks fell yesterday. Lately we’ve been like very spoiled children for day after day the major U.S. stock indexes have risen, if not set new record highs. No markets go straight up […]

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