Call toll-free 800.328.1267
In any normal year, the action that took place in oil markets this year would be the number one finance story hands down. With the COVID-19 pandemic, 2020 has not been a normal year, however. Crude Oil (@CL) saw the front-month futures contract plunge into negative...
Stocks fell last week but held a key level. Attention will now focus on the economy reopening for Memorial Day. The S&P 500 initially tried to rally, only to fall on bearish comments from Dr. Anthony Fauci and Federal Reserve Chair Jerome Powell. At one point it...
Stocks rallied last week on signs of the coronavirus crisis winding down. The S&P 500 began on a weak footing but held a key level from last summer. The index then turned higher and ended up 3.5 percent, its first positive week in the last three. More than...
The price action in the major U.S. indexes in the last couple of weeks is a perfect illustration of how the stock market tends to constantly discount the future. Coronavirus headlines have hijacked almost all the nation’s news headlines, unemployment claims have seen...
The stock market is entering one of its most important weeks in years, with the S&P 500 parked at a key level. Traders may be watching for a breakout. Apple (AAPL), Microsoft (MSFT) and Amazon.com (AMZN) -- the three trillion-dollar companies -- report earnings....
It's hard to miss news headlines about COVID-19. The coronavirus outbreak has brought the world to its knees. Schools have closed, workplaces have shuttered, and many worry about the far-reaching effects of the virus on financial markets. As governments around the...
Monday, March 9, 2020: A date that will go down in the history books for energy. Consider these milestones: Crude oil futures plummeted 24 percent today. It was their biggest drop since the U.S. invaded Iraq in January 1991. The front month contracts expiring on March...
Stocks tried to bounce last week as markets obsessed over the spread of coronavirus. The S&P 500 at one point was down as much as 1.8 percent, but rallied late on Friday to close up 0.6 percent. It followed the worst week since 2008 and kept the index below 3,000....
Coronavirus has caused a lot of fear in the market, and it comes at an especially bad time for the energy sector. Crude oil already had a glut of supply because of rising production in the U.S. and Russia. Demand was flagging before the disease broke out in China, and...
Stocks finally halted their advance as tensions in the Middle East gave the bulls something to worry about. The S&P 500 managed to hit a new record high on Thursday, but finished the New Year-shortened week down 0.2 percent. It was only the second negative week...