Investors and traders are worried about an end to quantitative easing, yet stocks are rallying hard on fundamentals. This puts these same investors in a spot where they have to wonder which…
Jon OggThe market keeps showing ambitions to go higher, and investors are looking for ideas on stocks to buy, stocks to sell and stocks to avoid. 24/7 Wall St. reviews dozens of…
ThinkstockIn 2012 there were 1,139 onshore and 60 offshore wells drilled in Mexico, for about $8 billion of drilling and completion (D&C) spending. This includes about $1.7 billion in offshore D&C spending.…
July 31, 2013: U.S. equity markets opened higher this morning as traders and investors this afternoon’s announcement from the FOMC. In Europe, the unemployment rate in the eurozone was unchanged at 12.1%,…
July 30, 2013: U.S. equity markets opened higher this morning as traders and investors wait for tomorrow’s announcement from the FOMC. There was little economic data published today. In the U.S., the…
ThinkstockMiddle East instability has long been the geopolitical trigger for oil pricing. As tensions continue to rise in Egypt, West Texas Intermediate (WTI) has soared over the $103 level and the price…
ThinkstockWith first-quarter earnings largely in the rear-view mirror, the oil services analysts at Deutsche Bank A.G. (NYSE: DB) wanted to revisit the thesis for each of their top stocks to buy. In…
Jon OggInvestors frequently get to see the analyst upgrades and the myriad of Buy ratings from Wall Street, but they often do not get to see when analysts downgrade stock or when…
U.S. equity markets opened higher this morning following upward revisions from the Bureau of Labor Statistics on non-farm payrolls in February and March and a larger-than-expected rise in payrolls in April (more…
U.S. equity markets opened lower this morning but all three major indexes managed to pull off small gain by the end of the trading session. In Asia, Japan’s 10-year bond futures are…
U.S. equity markets opened higher this morning following markets in Europe and Asia, most of which were also pointed higher. In Asia, equities were mostly higher following yesterday’s buoyant session in the…
U.S. equity markets opened higher this morning and wobbled around before heading upward for most of the day. Strong home prices and a surge in the consumer confidence index (more coverage here)…
thinkstockDespite reasonably consistent oil prices and an increasingly favorable overall tolerance for risk, the oil service sector had an ugly year in 2012. After a disastrous first half of the year the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far this Tuesday. There is a larger concentration around biotech and emerging pharma this morning, but that is…
ThinkstockOil field services company Baker Hughes Inc. (NYSE: BHI) this morning reported that its count of foreign oil and gas drilling rigs fell from 1,267 in November to 1,253 in December. Adding…
