Friday, April 26, 2024
Good News Sneaks Out for Energy Sector

Oil: What a Difference a Month Can Make

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In any normal year, the action that took place in oil markets this year would be the number one finance story hands down. With...

Big Events and Key Movers to Watch as June Begins

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Stocks are back above a key level, but will they stay there? The S&P 500 rose 3 percent in the holiday-shortened week between May 22...

WTI Crude Oil: Futures Contract of the Week

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When people think about "commodities," few items spring to mind faster than crude oil. Let's consider a major way to trade it: Nymex WTI...
Stocks Nearly Erase Covid Losses as Economy Roars Back

Stocks Nearly Erase Covid Losses as Economy Roars Back

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Strong economic data propelled stocks higher last week, nearly erasing the entire coronavirus decline. The S&P 500 surged 4.9 percent between Friday, May 29, and...

Swift Rotation into Big Cap Tech, as Russell Support Nears

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Since the global financial crisis in 2008, the theme in the overall market has been drastic outperformance in large-cap technology stocks such as the...
Solar ETF Shining as Rest of Market Dives Lower

Solar ETF Shining as Rest of Market Dives Lower

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The S&P 500 had its worst day in over a month, but one forgotten corner of the market was shining. The Invesco Solar Energy ETF...

Futures Trading Coach: This Is How Low Crude Oil May Fall

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Bearish technicals and fundamentals could spell more downside for oil. That's the view from John Hoagland at TopstepTrader. Crude-oil futures (@CL) may extend their...

Global Assets Strengthen as Anxieties Fade and U.S. Dollar Weakens

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Global assets have advanced into year end as events and data turn more positive. Emerging markets, metals and energy have all outperformed the S&P 500...

Oil Leading Commodity Selloff as Tariffs Hit Sentiment

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Oil's crashing as supply-and-demand worries hammer commodity prices. Crude oil futures (@CL) are down 3.2 percent in afternoon trading. If the move holds, it will...
Oil Heads for Third Weekly Gain as OPEC Prepares to Extend Production Cuts

Oil Heads for Third Weekly Gain as OPEC Prepares to Extend Production Cuts

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Energy has gone nowhere for months, but now some positive forces may be lining up. Reuters reported yesterday that OPEC will probably extend its oil-production...
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