Commodity Markets Another Sea of Red
The bull cycle in commodities ended months ago, and prices for metals have slipped by double-digit amounts. Some of that is due to the drop in crude oil prices.
All Work
Paul Ausick
Slumping Car Sales in China Contribute to GM 52-Week Low
A weekend story in The Wall Street Journal reported that not only are sales down in China, but carmakers are now slowing production.
Netflix and Tesla Lead High P/E Stocks Down
Among the stocks taking the biggest nose dive in Monday morning’s equity market plunge were some recent high flyers, some of which have been showing signs of correction in recent days.
Americans’ Perception of Oil Industry at 12-Year High: Gallup
There is nothing like low gasoline prices to change the way Americans view the oil and gas industry.
US Foreclosure Inventory at 8-Year Low
The total U.S. inventory of foreclosed properties is down more than 24% year over year in July to just 1.4% of mortgaged properties.
Why Natural Gas Is So Cheap — and Why Drillers Keep Producing More
ThinkstockIn mid-August of 2008, the national average next-day price for natural gas was $7.52 per million BTUs. A year later the price had fallen to $3.12 per million BTUs, and on August 18, 2015,…
IPO Calendar in the Summer Doldrums
ThinkstockOnly one initial public offering (IPO) made it out the door last week and another was withdrawn. The coming week has even less action on tap, with no offerings on the calendar. We don’t…
Marijuana Weekly News Roundup
ThinkstockColorado officials reported last week that the state had collected $44 million in tax revenues from cannabis sales in the the first five months of 2015. In the same period last year the state’s…
Google Still Leads in Video Audience
Google is by far the Internet’s largest search engine, and its various websites, including YouTube, continue to attract the largest audience for viewing online video.
Marijuana Price Jumps 14% to $1,942
Our price check at PriceOfWeed.com shows, with one exception, only moderate changes over the past week.
Hedge Funds Increase Short Positions as Crude Oil Prices Fall
In the week ended August 21, the number of rigs drilling for oil in the United States totaled 674, up two from the prior week.
The 52-Week Low Club for Friday
ThinkstockAugust 21, 2015: Here are four stocks trading with heavy volume among the 620 equities making new 52-week lows today. Volume was especially high today as it was the monthly settlement date for options.…
The 4 Stocks That Sent the Dow Plummeting Friday
thinkstockAugust 21, 2015: Markets opened lower again on Friday but that was just the beginning of the carnage. The Flash manufacturing PMI reading came in at 52.9, well below the consensus estimate of 54.2.…
Arch Coal: A New Momentum Stock?
In the past two-and-a-half trading sessions, shares of Arch Coal have risen nearly 90%, not including the effect of a recent reverse stock split.
Is Another Chinese Solar Maker on the Road to Bankruptcy?
Yingli Green Energy said Wednesday that it had received a notice from the New York Stock Exchange that the company is not in compliance with the rules for continued listing.
US Navy Prepping F-35C Carrier Test
The U.S. Navy is planning to test the carrier version of the Joint Strike Fighter, the F-35C, aboard the aircraft carrier Eisenhower during the first few weeks of October.
Crude Oil Capex, Production Estimates Rise in Q2
Among a group of 16 independent oil and gas exploration and production companies, crude oil production in the second quarter of 2015 rose an estimated 21% sequentially.
Q2 Smartphone Sales Growth at 2-Year Low
Worldwide smartphone sales in the second quarter of 2015 grew at their slowest rate in two years,according to Gartner.
Deere Earnings May Be a Case Study in Managing Expectations
Deere reported better-than-expected third-quarter fiscal 2015 results before markets opened Friday morning.
Salesforce.com Raises Guidance as Revenues Jump
Salesforce.com reported second-quarter 2016 results after the markets closed Thursday.