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By Phil Flynn |
March 7, 2013
As I have been writing, the best play in energy right now is the long end of natural gas. Out target of $7.00 minimum by 2015 is now being shared by many other outlets. Welcome to the club!
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By Stephanie Ruhle and Michael J. Moore |
March 6, 2013
UBS O’Connor LLC, the $6 billion hedge-fund unit within the biggest Swiss bank, risks upheaval as senior traders seek to defect after a clampdown on cash bonuses.
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By Silla Brush |
March 5, 2013
The Obama administration has opened discussions with Gary Gensler about serving a possible second term as chairman of the CFTC.
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By Bill Gross |
March 4, 2013
"But how do we know when irrational exuberance has unduly escalated asset values?" Alan Greenspan coined this now famous phrase in the midst of what turned out to be a fairly rationally priced stock market in late 1996. But what about now?
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By Phil Flynn |
March 4, 2013
Oil prices are holding up better than you might think considering the negative mood out of China this morning. Psychological support for oil near the $90.00 a barrel area and the gap at $89.96 has bearish traders a bit concerned.
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By Phil Flynn |
February 28, 2013
If almost on cue and just as I said one day earlier, gas confirmed a major top and we got a wild drop against a back drop of some historic numbers on U.S. oil production!
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By Tomoko Yamazaki, Bloomberg |
February 19, 2013
Martin E. Zweig, who predicted the 1987 stock market crash and whose newsletters influenced U.S. investors for a quarter century, has died. He was 70.
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By Simon Kennedy, Bloomberg |
February 11, 2013
The Group of Seven nations are considering saying they won’t target exchange rates when setting policy as they try to calm concern the world is on the brink of a currency war, two officials from G-7 countries said.
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By Phil Mattingly and Matt Robinson, Bloomberg |
February 4, 2013
The U.S. Justice Department intends to file a civil lawsuit against Standard & Poor’s based on ratings in 2007 of certain collateralized debt obligations, the company said today.
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By Phil Flynn |
January 29, 2013
RBOB futures soared and rocked to the highest level since last September as concern about tight supply in a New York harbor is causing a bit of panic. It seemed to get an extra shot of enthusiasm when Hess announced it is exiting the refining business
