Sy Harding: Consumers understandably like to see prices for commodities decline, the more the merrier, particularly gasoline (NYSEARCA:UGA) and energy costs (NYSEARCA:XLE). Read more…
NYSE:DBO, NYSE:DUG, UGA, USO, XLE
Stocks closed lower yesterday but well off the day’s lows. After a significant morning gap down and test of Tuesday’s lows, all of the major indices recovered to close in the upper half of their respective trading ranges. The Nasdaq and the S&P Read more…
NYSE:DUG, VNM
Stocks ended the session mixed on Friday after showing early promise. The market gapped up at the open but faded into the close, leaving all the major indices well off session highs and the Nasdaq in the red. The tech-rich Nasdaq was higher by as much as 0.9% yesterday before fading to post a 0.2% loss. Read more…
NYSE:DUG, XRT
Stocks posted mixed results yesterday as trade quickened. The Nasdaq fell 0.8% yesterday and lost support of its 50-day MA. The S&P 500 (NYSEARCA:SPY) also lost ground as it closed lower by 0.1%. However, the DJIA (NYSEARCA:DIA) showed relative strength as the blue chip index tacked Read more…
IWM, NYSE:DUG, NYSE:EWM
Jason Simpkins: If you’re unsettled by the thought of gasoline at $4.00 a gallon, brace yourself. With tensions between Iran and the West quickly escalating, we could see gas jump to $6.00 a gallon at the pump in a matter of months. Read more…
NYSE:DIG, NYSE:DUG, UCO, USO, XLE
Richard Rittorno: European shares and U.S. markets are climbing higher after China post healthy trade number, putting markets on a positive territory to a broad based recovery. The renewed risk appetite is helping growth sensitive commodities including crude oil. Read more…
ETF BASIC NEWS, NYSE:DIG, NYSE:DUG, NYSE:ERX, NYSE:ERY, USO
Jonathan Yates: The traditional relationship between oil (NYSEARCA:USO) and natural gas (NYSEARCA:UNG) has broken down in recent trading. Part of the issue is relative supply and demand of these once tightly linked commodities. Another factor is speculation. Read more…
NYSE:DIG, NYSE:DUG, UNG, USO
John Daly: The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together. Since 24 December the Iranian Navy has been holding its ten-day Velayat 90 naval exercises, covering an area in the Arabian Sea stretching from east of the Strait of Hormuz entrance to Read more…
NYSE:DIG, NYSE:DUG, NYSE:ERX, NYSE:ERY, UCO, USO
Monty Agarwal: 2011 has been a challenging year for a lot of investors, amateurs as well as professionals. Buy and hold mutual fund type strategies have simply not worked. Trends have disappeared too and have been replaced by sideways markets that see monstrous moves — in either direction — in the Read more…
NYSE:DIG, NYSE:DUG, NYSE:EPV, NYSE:GLD, SCO
Stocks slid sharply on Thursday but on mixed trade. All five major indices gapped higher at the open, reversed at the 10 minute mark and slid haplessly into the close. Higher beta issues led the plunge as the small-cap Russell 2000 (NYSE:IWM), S&P MidCap 400 and Nasdaq (NASDAQ:QQQ) Read more…
NYSE:DUG, NYSE:FXP
Larry Edelson: Wow! Talk about wild and crazy markets! The swings are incredible. The Dow Industrials — down 500 points one day, up 400 the next. Down another 500 the next day, then up 300 and change. Read more…
NYSE:DUG, SDOW, SH, SPXU, SQQQ, SRTY
Larry Edelson: This is a very important column. So please be sure to read it in its entirety. In my June 20 column, and again on June 27, I made it perfectly clear to you that the U.S. economy was headed for some very tough times. Read more…
NYSE:DUG, NYSE:GLD, SH, SLV, SPXU
Sy Harding: Commodities seem to be following the same pattern as global stock markets. That makes sense since the stock market is concerned about slowing global economies, and slowing economies obviously mean less demand for raw materials used to produce and ship products. Read more…
NYSE:DIG, NYSE:DUG, NYSE:ERX, NYSE:ERY, USO
Sean Brodrick: It’s funny — but not ha-ha funny — that oil prices are creeping higher even as the U.S. economy appears to be slowing down. Read more…
NYSE:DIG, NYSE:DUG, NYSE:ERX, NYSE:ERY
Sumit Roy: Resilient demand, tight supplies push Brent toward high for 2011. The Department of Energy reported this morning that in the week ending July 8, 2011, U.S. crude oil inventories decreased by 3.1 million barrels, gasoline inventories decreased by 0.8 million barrels, distillate Read more…
NYSE:DIG, NYSE:DUG, NYSE:ERX, NYSE:ERY, OIH, SCO, USO
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