ThinkstockFriday will mark the crest of earnings season for the Dow and S&P 500, but it will also bring earnings reports from both of the Dow Jones Industrial Average’s oil giants. Both…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.2 million barrels last week, maintaining a total U.S. commercial crude inventory…
ThinkstockWhen energy super-major BP plc (NYSE: BP) reported second-quarter results very early Tuesday morning, the headline number is the $6.3 billion loss attributed to low crude oil prices and a $10.8 billion…
thinkstockJuly 27, 2015: Markets opened lower on Monday following a drop of 8.5% at the Shanghai exchange after the IMF raised the issue of the degree of government intervention with the country’s…
ThinkstockThe short interest data have been released for the July 15 settlement date. It just so happens that some of the latest short interest readings for major oil companies are backing off…
ThinkstockEarnings season is well underway, Greece may be closer to being resolved, and China and Iran are being factored into the markets. Still, the S&P 500 slid 2.2% this last week. The…
thinkstockJuly 24, 2015: Markets opened mixed again on Friday as traders and investors thought about recent earnings reports that have also be mixed. Amazon way up; Biogen way down, and that’s just…
Before markets open next Friday, Exxon Mobil and Chevron are scheduled to report second-quarter earnings. Which looks like the better value now?
U.S. commercial crude inventories increased by 2.5 million barrels last week, according to the U.S. Energy Information Administration.
This is the perfect time for aggressive growth investors to look to value stocks for a rotation, and a new report from Jefferies highlights five top picks for this week.
July 17, 2thinkstock015: Markets opened mixed on Friday as the Nasdaq traded higher right from the opening bell and the Dow traded lower from opening to closing. Google shares rose to a…
thinkstockJuly 15, 2015: Markets opened essentially flat on Wednesday after Fed Chairwoman Janet Yellen’s scheduled remarks to the U.S. House of Representatives were released. Economic data was better than expected, but crude…
The latest EIA weekly petroleum status report showed that U.S. commercial crude inventories decreased by more than 4 million barrels last week.
thinkstockJuly 14, 2015: Markets opened mixed on Tuesday following the announcement of a deal between Iran and a group of countries including the U.S. related to the Iranian nuclear development program. Crude…
It just so happens that some of the latest short interest readings for major oil companies are backing off of highs, while others are attempting to push new highs.
