Stoyan Bojinov: Equity markets ended the session in green territory yesterday as investors focused on better-than-expected earnings from IBM instead of worrisome data on the home front. Weekly jobless claims came in at 386,000 versus the expected 352,000, Read more…
OIH
Chris Ciovacco: With a slowing economy and over-supply concerns, crude oil dropped 30% from its February 2012 high to the recent low. An out of favor market often needs an external catalyst to attract the attention of investors. News out of Iran this week may Read more…
NYSE:DBO, NYSE:USO, OIH
Market Vectors ETFs, the fifth largest provider of exchange-traded products in the U.S. and the eighth largest provider of ETPs globally, announced today that it has added five NYSE Arca-traded ETFs to the growing list of Market Vectors ETFs currently available to Read more…
NYSE:BBH, NYSE:PPH, NYSE:RTH, NYSE:SMH, OIH
Crude oil has fallen 20% in less than 2 months. The drop has been sufficient to prompt most bears to declare victory and cover their shorts or even ponder getting long near last year’s lows in the mid-$70s. But Jeff Kennedy, chief commodity analyst at Elliott Wave International thinks Read more…
NYSE:USO, OIH, OIL
The Greek elections took place without a the “leave the Euro” outcome that was starting to look increasingly possible. Now it’s time for Greece to face reality by collecting some taxes and potentially selling some assets. It will be a long road that many still believe Read more…
NYSE:GLD, NYSE:XLE, OIH
Michael Johnston: Energy stocks have struggled mightily so far in 2012, as soft demand for petroleum products and progress towards alternative sources of energy have weighed on this sector. Despite the recent challenges, allocations to energy stocks remain a key component Read more…
NYSE:ENY, NYSE:FEG, NYSE:VDE, NYSE:XLE, NYSE:XOP, OIH
PMI data overnight continues to confirm the thesis that economic growth is slowing around the world. As everyone starts to talk and clamor about it, something usually Read more…
NYSE:GLD, NYSE:RTH, NYSE:SPY, OIH
Eric Dutram: Earlier this year, the energy sector, specifically in the oil space, was one of the more popular segments in the market. Crude oil was surging and any company related to this sector was on the rise as a result. Read more…
NYSE:IEZ, NYSE:XES, OIH, PXJ
Although the stock market isn’t a screaming buy today, investors shouldn’t completely abandon equities for bonds. Here are some stock ETFs that are worth a closer look. Read more…
NYSE:VGT, NYSE:XLI, OIH
Eric Dutram: Earlier this year, the energy sector, specifically in the oil space, was one of the more popular segments in the market. Crude oil was surging and any company related to this sector was on the rise as a result. Read more…
NYSE:IEZ, NYSE:XES, OIH, PXJ
Today is my first day back from vacation, so it’s time to dive back into the action! Most guys in my firm are embracing this down move as last week the Dots started to connect for further downside. I was stopped out of remaining longs from the Bahamas Read more…
NYSE:XLI, OIH
US stock futures opened sharply lower last night after the results of Greek and French elections, but have pared a large portion of those losses this morning. The Oil Service ETF (NYSEARCA:OIH) will be on traders’ radars today as it has Read more…
NYSE:SPY, OIH
Tom Essaye: One of the biggest stories of 2012 has been the absolute collapse of natural gas prices (NYSEARCA:UNG). The fall has been truly breathtaking, with natural gas falling from $2.97 at the start Read more…
NYSE:UNG, NYSE:USO, OIH
Maybe there is a fat finger trade this morning, as the S&P futures are down 7-9 handles. Yesterday, Bank of America had its first down day after 5 strong to the upside and already the street was blaming it on talk of a secondary.This makes me Read more…
NYSE:FAS, NYSE:GLD, NYSE:SPY, NYSE:TBT, OIH
Last week was a powerful one for the markets, as most sectors are in multiyear highs or approaching them. Transports played a bit of catch up as did the Russell and the energy complex. Tech, home builders and banks lead the Read more…
NYSE:IYT, NYSE:TBT, NYSE:USO, OIH
Most Comments