|Day Low/High||68.30 / 68.82|
|52 Wk Low/High||64.65 / 83.49|
The nation enters an electoral season. The drug companies for the most part, have no friends on either side of the aisle.
When an issue this big comes to market, institutions and fund managers make room in their portfolio ahead of the IPO. This means oil names will be a source of shorts in any portfolio.
One name that investors are cheering today is label and packaging material-maker Avery Dennison.
There are myriad concerns across the energy complex, the most prevalent one centered around declining global growth reducing the demand for energy.
There are several things that bug me right now about this stock.
I railed against it broken-record like for months on end. It's here now, it's hurting the market, and it's only going to get worse.
With Aussie assets up for grabs in touchy industries such as oil and civil engineering, and an agricultural deal in the works, the Australian government faces tough decisions over whether to approval sales to state-owned Chinese buyers.
Chevron and Exxon Mobil appear more attractive than this stock right now, and the oil sector as a whole should be watched for at least the next couple days.
The drone attacks on Saudi oil operations even could influence the Fed's thinking on inflation and rates.
This weekend's attack on Saudi refineries adds one more variable to bolster prices.
Four ETFs designed around Kevin O'Leary's growth, income and wealth preservation-oriented strategy.
About the upcoming U.S./China talks, call me skeptical, but I trade the environment, and not my starchy views on what is versus what should be.
Danielle DiMartino Booth on the large "BBB" bucket (and other issues) : Over the last three months, investment-grade companies have capitalized on falling rates, setting the new issuance market ablaze and inciting large-scale M&A; June and August M&...
OPEC has no idea how much oil prices can fall, but current prices are not acceptable to the organization.
Market indices are close enough to their apex where profits can be taken and cash be raised intelligently.
Oddly enough with a stronger U.S. dollar (the U.S. Dollar Index has been above 98 all afternoon), both gold and WTI Crude remain up for the day, even if off lows. The Energy sector, by the way, is today's underachiever, eleventh out of eleven sector...
In addition to the Callon preferreds, I also own Callon's 10/24 senior notes, but not the stock.
Good morning folks! As Doug heads off on vacation (something I'll be doing on Saturday myself), I'm sitting in today for him, and I'll be doing so again right before his return. We're in the second real week of the June-quarter earnings season, and ...
But trading calls and puts in Amazon requires you to know your risk tolerance big-time.
There are a whole lot of forces going on in our country to explain this stubborn resistance by the oil stocks to the moves we used to expect.
After a five-year hiatus I'm ready to start throwing whammies in several directions.
Jamie Dimon also expresses concern about the impact of China tariffs and a fresh GDP estimate is at hand.
Watching St. Louis top Boston on Wednesday proves key characteristics good investing: Don't give up, look for gems, and fear not management changes.
Here's how I'm trading the oil and energy markets amid the collateral damage from risk-off sentiment.