Energy
Oil bears double downside bet in key ETF: Options recap

Oil bears double downside bet in key ETF: Options recap

Disclosure: This post is intended for educational purposes only. Options trading may not be suitable for all investors. We just wrote about the drop in oil as the market braces for potential supply increases at next week's OPEC meeting. Almost simultaneously, a big...

Fear sweeps energy market before OPEC meeting

Fear sweeps energy market before OPEC meeting

The Russians are coming, the Russians are coming... coming back to the energy market that is. Crude oil futures (@CL) fell almost 3 percent today, their biggest drop this month, as traders brace for OPEC's next meeting a week from now. The big worry is Russia wanting...

Get Ready for the Dog Days of Summer

Get Ready for the Dog Days of Summer

The S&P 500 inched higher last week as tech and transports bounced. Still it was the tightest range of the year.

Transports Jump as Oil Retreats

Transports Jump as Oil Retreats

Airlines were the best subgroup in the market yesterday and railroads closed at a new record high.

In Case You Missed All the IPOs

In Case You Missed All the IPOs

Technology has dominated IPOs recently, but some energy names and a yoga-themed hotelier have also surged of late.

Don’s Notebook May 1, 2018

Don’s Notebook May 1, 2018

The Institute for Supply Management (ISM report) came in lower than Street consensus at 57.3 (vs. estimates of 57.5-60.) This survey asks purchasing managers about the general direction of production, new orders, order backlogs, their own inventories, customer...

Stocks advance but hit resistance

Stocks advance but hit resistance

So much for a breakout in the S&P 500. The index began last week on a strong foot, only to stall at the top of its range since mid-March. Sellers materialized each afternoon to prevent the index from closing at its highs. Without that resistance, the S&P 500...

Suddenly energy is flying

Suddenly energy is flying

Energy's gone from forgotten to en fuego quicker than you can say "missiles over Damascus." Crude oil (@CL) hit $67.45 this morning, its highest level in 2-1/2 years. It's up almost 8 percent on the week, its biggest three-session rally since December 2016. There are...