Short Sellers Worry That the Bottom in Oil Has Been Seen
As a whole, it appears that as oil prices continue to rise that investors are becoming more optimistic and short sellers are backing off.
As a whole, it appears that as oil prices continue to rise that investors are becoming more optimistic and short sellers are backing off.
thinkstockMay 11, 2015: Markets opened lower on Monday and only the Nasdaq Composite was able to spend any serious time above the break-even line during the day. Yields on 10-year Treasuries rose…
The EIA reported Thursday morning that U.S. natural gas stocks increased more than expected in the week ending May 1.
The EIA weekly petroleum status report showed U.S. commercial crude inventories decreased by 3.9 million barrels last week.
It is no secret that the energy sector has suffered after oil fell from $100 to under $50 faster than almost even the most bearish traders expected.
The U.S. Energy Information Administration reported that U.S. natural gas stocks increased less than expected for the week ending April 24.
Exxon Mobil reported better-than-expected first-quarter 2015 results before markets opened Monday morning.
Some investors are thinking that oil has bottomed out and that there will be a changing landscape in the oil patch as a result.
It just so happens that some of the latest short interest readings for major oil companies are continuing to push new highs.
24/7 Wall St. has put together a preview of some of the Dow Jones Industrial Average components reporting their financial results in the week ahead.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased for the week ending April 17.
In the final tally of net income among American companies for 2014, Apple was the county's most profitable.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased more than expected for the week ending April 10.
thinkstockApril 15, 2015: Markets opened higher again on Wednesday and followed the energy sector higher as crude oil gained nearly 6% on a lower than expected build to U.S. inventories. The afternoon…
thinkstockApril 14, 2015: Markets opened higher on again on Tuesday but all three major indexes slipped below the breakeven line soon thereafter. The S&P 500 and the DJIA pulled back into positive…