thinkstockMarch 18, 2014: Markets opened higher on Tuesday and the number buyers rose throughout the day. There was something of a Vladimir Putin rally today following Russia’s formal annexation of Crimea, Putin’s…
The Dow Jones Industrial Average rose 26.5% in 2013, but now we see several key stocks in the DJIA posting serious losses year to date. 24/7 Wall St. wanted to identify the…
thinkstockMarch 12, 2014: Markets opened lower on Wednesday following a so-so trading day in Europe. Crude oil pulled back 2% after the EIA’s inventory report indicated a larger inventory gain than expected.…
The pricier the stock market gets, the more important it is for investors to keep a close eye on what they are paying for stocks. Flashy momentum stocks are great for traders,…
At its analyst meeting in New York Tuesday morning, Chevron trimmed its 2017 production forecast from 3.3 million barrels of oil equivalent per day to 3.1 million. Falling natural gas prices and…
Paul Ausick As the argument heats up on whether the United States should revoke its 40-year ban on crude oil exports, interest groups will be choosing sides and adding their voices to the discussion.…
Five years ago, many investors had thrown in the towel. The S&P 500 hit an ominous intraday low of 666 and closed at 676.53. The world was coming to an end, and…
Exxon Mobil said Wednesday morning that capital spending in 2014 will decrease from $42.5 billion in 2013 to $39.8 billion, a drop of 6.3%.
thinkstockFebruary 21, 2014: Markets opened higher on Friday, but by the end of the day the major indexes failed to stay above the break-even line. Today’s report on existing home sales was…
In a new research report, the energy analysts at Cowen point out that after three years of disappointment, 2014 is expected to represent a year of stabilization/moderate growth for mega-cap oil names.
ThinkstockShort interest in several large oil and gas stocks dropped in the two-week period to January 31, probably on expectations of greater demand due to an improving global economy. Short interest rose…
thinkstockFebruary 11, 2014: Markets opened higher on Tuesday anticipating that new Fed Chair Janet Yellen would not announce any significant diversion from current Fed policy. And in another expected development, House Republicans…
ThinkstockWTI crude oil futures for March delivery topped $100 a barrel on the Nymex Monday after a brief stop at that level last Friday, and there’s every reason to believe that the…
thinkstockFebruary 5, 2014: Markets opened lower on Wednesday following the report from ADP that nonfarm payrolls had risen less than expected in January. And unlike yesterday, the Japanese yen gathered strength early…
The two largest U.S. integrated oil companies, Exxon Mobil and Chevron, have now reported 2013 results, and neither one can claim to have made a very positive impression on investors. Is either…
