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By Phil Flynn |
May 22, 2013
Oil continues to look weak despite a rebounding euro and the cloud of Ben Bernanke. Products seemed to have topped because of frantic pre-holiday wholesale cash buying.
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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 |
May 1, 2013
Oil is backtracking and the outside markets seem to suggest that the Federal Reserve will have to do the same. Oil prices are trying to balance weak manufacturing data out of China versus today's Fed decision.
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By Alex Wayne and Drew Armstrong |
April 17, 2013
A U.S. senator’s review of a possible leak of market-moving info has stalled over a gray area of law and regulation.
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By Drew Armstrong |
April 4, 2013
A surge in insurance stocks before the official government announcement on new Medicare rates is shining a spotlight on insider relationships.
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By Phil Flynn |
April 4, 2013
Seasonal RBOB traders beware! The Energy Information Administration rocked the market by reporting a surge in oil supplies and rocking refinery runs. U.S. crude oil stocks climbed by a higher-than-expected 2.7M barrels.
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By Phil Flynn |
April 3, 2013
Why all this interest in the long side of natural gas? Because the hedge funds realize that we are crossing that historic turning point in this market where demand growth expectations will start to outstrip production increases.
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By Phil Flynn |
April 2, 2013
While manufacturing reported weakness caused a drop in oil, heating oil led a product comeback. Yet it was natural gas that quietly closed above $4.00 that was perhaps the most interesting move of the day.
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By Laura Marcinek |
March 28, 2013
An investment group implores JPMorgan not to re-nominate three risk committee members after disclosing more than $6.2 billion in losses.
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By Patricia Hurtado, Bloomberg |
March 25, 2013
Rengan Rajaratnam, the younger brother of imprisoned hedge-fund founder Raj Rajaratnam, was taken into custody by FBI agents yesterday when he arrived at John F. Kennedy International Airport on a flight from Brazil.
