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By Phil Flynn |
May 13, 2013
The oil market got heavy as word of a possible story of a Fed exit, which started to permeate the trading floor on Friday. The other issue is oil going down to the Gulf Coast and whether our production boom will overwhelm the refineries.
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By Phil Flynn |
April 16, 2013
Oil seems to be trying to find its bottom near $86.00 but it is far from solid. We should see a lot of volatility, but we should try to hold near $86.00 as a bottom.
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By Anna-Louise Jackson and Anthony Feld, Bloomberg |
April 12, 2013
Companies sensitive to changes in the yield on 10-year Treasury notes are leading the market, suggesting that some equity investors have been premature in anticipating higher interest rates.
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By Jeff Wilson, Bloomberg |
April 9, 2013
The record collapse in U.S. corn exports and shrinking domestic demand are leaving more grain in silos, spurring a bear market just eight months after drought drove prices to an all-time high.
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By Jeff Wilson, Bloomberg |
March 27, 2013
Corn supplies in the U.S., the biggest grower, are shrinking at the fastest pace in almost four decades as improving demand from ethanol refiners drains reserves already diminished by drought.
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By Sarah Pringle, Bloomberg |
March 13, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average to its longest rally since 1996, as data showing retail sales increased in February by the most in five months bolstered optimism in the world’s largest economy.
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By Inyoung Hwang |
February 1, 2013
U.S. stocks rallied for a fifth week, with the Dow closing above 14000, on improvement in the labor market and better-than-expected earnings from key companies.
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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Stephen Kirkland and Sarah Pringle, Bloomberg |
January 29, 2013
U.S. stocks rose on better-than- forecast earnings from companies including Pfizer Inc. and Valero Energy Corp., returning benchmark indexes to five-year highs.
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By Andrew Rummer and Inyoung Hwang, Bloomberg |
December 28, 2012
U.S. stocks fell for a fifth day, the longest slump since September, as lawmakers prepared for talks to avoid the fiscal cliff of spending cuts and tax increases looming in January
