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By Phil Flynn |
May 2, 2013
The Energy Information Agency shocked the market by reporting that U.S. Crude supply increased by 6.7 million barrels putting supply at the highest level in 82 years. So much for that uptick in gasoline demand.
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By Anthony Lazzara |
May 1, 2013
Crude oil, following a much larger than expected supply report, is trading down more than $3 to just above $90. We could see crude heading down to the low $80s.
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By Alex Kowalski, Bloomberg |
May 1, 2013
Companies added fewer workers than forecast in April, an indication the labor market has cooled along with the rest of the U.S. economy.
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By Toni Hansen |
April 26, 2013
Earnings reports will spotlight next week
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By Marcus Holland |
April 12, 2013
Gold futures prices moved lower on Friday after the Commerce Department released worse than expected Retail Sales data. The decline in consumer confidence along with the lack of robust retail buying in March created headwinds for gold traders.
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By John Caiazzo |
April 8, 2013
With analysts and economists invariably incorrect in their reported expectations of important data, I must reiterate: "Better to keep ones mouth shut and be considered ignorant, than to open it and remove all doubt."
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By Lindsey Rupp and Nikolaj Gammeltoft, Bloomberg |
April 3, 2013
U.S. stocks fell, dragging the Standard & Poor’s 500 Index down from a record, as financial and energy shares tumbled after oil plunged and worse-than-estimated data spurred concern over economic growth.
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By Michelle Jamrisko, Bloomberg |
April 3, 2013
Companies added fewer workers than projected in March, held back by limited hiring in construction, according to a private report based on payrolls.
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By James Ramelli |
March 7, 2013
Is there a way for a trader to trade the unemployment number, or any number for that matter, with a consistent set up and great risk vs. reward profile? The answer is yes, and the name of this options strategy is the long butterfly.
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By Marc Nemenoff |
March 7, 2013
June Bonds are currently 12 lower at 142’15 and the 10 Yr. Note 5 lower at 131’02. This morning’s Weekly Jobless Claims Report showed a decline of 7,000 vs. expectations for an increase of 3,000.
