Oil’s Collapse Weighing On Stocks

Oil’s Collapse Weighing On Stocks

Friends Those hoping that the correlation between stocks and oil prices would dissipate are becoming disappointed, as the continuing decline in oil prices seems to be weighing on the stock market. We've mentioned a few times now that while falling oil prices might be...

read more
Oil’s Collapse Weighing On Stocks

Roller Coaster Week Ends On A Sour Note

  Friends Despite a relatively good non-farm payroll number (252,000 new jobs created and a 5.6% unemployment rate), stocks spent the trading session in negative territory, as events in Paris seemed to weigh on the market psyche. The negative component of the...

read more
Oil’s Collapse Weighing On Stocks

Stocks Surge

Friends The bulls, emboldened by a Fed Governor's dovish statements last evening, resurrected the "don't fight the Fed" bandwagon and stocks soared to the upside right from the beginning of the trading session. No, oil didn't really participate in today's assets...

read more
Oil’s Collapse Weighing On Stocks

Stocks Stage A Rally

Friends Despite the horrific terrorist attack in Paris overnight, stocks rallied from the opening of trading today and were able to hold the gains for the entire session. The ADP private sector payroll number was a little better than expected, which fueled hopes for...

read more
Oil’s Collapse Weighing On Stocks

Stocks Continue To Struggle

Friends Another wild day of trading, as stocks went from up 100 Dow points in early trading to down over 230 Dow points by early afternoon. In the last hour of trading stocks did try to make it back to the break even mark only to fall back in the final minutes to a...

read more
Oil’s Collapse Weighing On Stocks

Rough Start To The Year

Friends As oil cascaded below $50 per barrel WTI and European stocks tumbled, U. S.  stocks came under intense selling pressure as the first week of 2015 trading began. As one would expect with oil falling, energy names led the carnage to the downside. As we have...

read more
Oil’s Collapse Weighing On Stocks

Volatile First Day Of Trading

Friends I know, we're all confused, but this was the first day of trading for 2015, although I don't know how many traders were around to trade it. Stocks started off rallying well over 100 Dow points in early trading, but after some less than stellar economic news,...

read more

Archives