“[Shale Oil] Producers are inherently bullish,” warns one energy-hedging firm, and that truth belies the weakness in the apparent hedging programs many over-optimistic energy firms are facing now. We hear day after day that, in the short-term, low prices can be handled “because they’re hedged,” but producers were so exuberant about the direction of oil…
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Monday, Dec. 15: Taxi app pricing: Charge extra in a crisis Really price gouging. Related link: What Uber’s Sydney Surge Pricing Debacle Says About Its Public Image Tuesday, Dec. 16: Ruble trading halt Await capital controls; Bearish on Moscow. (Proxies for potentially affected investments discussed by Reuters include RSX, NORW) Wednesday, Dec. 17: Trading floor…
Subscribers to Dish’s (DISH) satellite TV service can now access Netflix (NFLX) right from their set-top box. From GigaOM: Subscribers to Dish’s satellite TV service can now access Netflix right from their set-top box, the companies announced on Wednesday. The partnership is a major strategic coup for the online video service, and reflects a new…
Let’s put those Christmas bonuses to work! The Santa Claus rally is coming, but he won’t be stopping by to give every sector gifts this year. So, we’ve detailed where the best investments will be made going into 2015. These are the sectors that are firing on all cylinders right now even though some sectors…
Nasdaq OMX Group (NDAQ) has recently announced a few changes to the Nasdaq 100 index as part of their annual rebalancing schedule. The benchmark will remove stocks such as Expedia (EXPE), F5 Networks (FFIV) and Maxim Integrated Products (MXIM) from its index composition, while American Airlines Group (AAL – Snapshot Report), Electronic Arts (EA –…
For old time’s sake… What a week!! WTI’s best day in over a year S&P 500 2nd best week in 2 years Dow’s best 3-day run in 3 years USD at 8 year highs The Dow rips over 800 points off its lows in 3 days, S&P over 100 near record highs.. before a weak…
Gold and silver marked time today. Next week will be short and quiet, unless *something happens.* The economic calendar has a few things on it. It is included below. Russia added 600,000 ounces of bullion to its gold reserves in November. The major preoccupation of the mainstream media this holiday season is the ability of Americans…
Biotech Stocks Rally to New Highs After 4% Correction Buyers Are Bottom Feeding Energy Stocks NASDAQ at 4765 Just as the market appeared to be headed to another test of October lows, challenged by news on slowing global growth and a collapsing energy sector, FED Chair Janet Yellen calmed the markets saying it would be…
For more than half a century, U.S. companies were restricted from conducting any business with Cuba, and constraints on travel were imposed as well. However, on Wednesday, President Obama took a historic step by re-establishing diplomatic relations with Cuba. Also, a series of other actions, intended to ease travel and trade restrictions, were announced. Specifically,…
