RBC also thinks oil bottoms late this year and starts a gradual move toward the $60 level in 2017. The best way for investors to play energy remains the large cap, dividend-paying…
September 14, 2016: Markets opened higher Wednesday following a weak performance the day before. The energy sector did its best to drag the rest of the market down with it, but the…
U.S. commercial crude inventories decreased by 600,000 barrels last week but remain at historically high levels for this time of year, according to the EIA.
September 13, 2016: Markets opened lower Tuesday as a stronger dollar curbed enthusiasm for oil and left Monday’s rebound in the rear-view mirror. The energy sector led the losers with techs posted…
The August 31 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed but largely down.
Now that Friday's substantial sell-off proved that the market can actually fall, 24/7 Wall St. wanted to look at some of the more exposed stocks that investors might begin to worry about…
Needless to say, investors are rattled, and the selling we saw last week may continue. Any major dip in these three top stocks should be viewed as a golden opportunity for investors…
Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) have jockeyed for the lead as America’s most valuable company, each with a market cap of about $550 billion. One tech giant vs. another. A…
U.S. commercial crude inventories decreased by more than 14 million barrels last week, according to the U.S. Energy Information Administration.
September 6, 2016: Markets opened higher Tuesday following the three-day Labor Day holiday, and after a morning dip below the break-even line for both the S&P 500 and DJIA, equities traded above…
September 2, 2016: Markets opened higher Friday following a weaker-than-expected gain in non-farm payrolls and an unchanged unemployment rate of 4.9%. Ahead of the holiday weekend only the healthcare sector traded in…
September 1, 2016: Markets opened higher Thursday but the major indexes had little luck holding onto the gains, meager as they were. Energy again was the poorest performing sector with financials not…
August 31, 2016: Markets opened lower Wednesday even though the ADP employment report was better than expected. Every sector started the day’s trading in the red and all 10 are on track…
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
The August 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
