Against some pretty incredible odds, the long-standing benchmark Dow Jones Industrial Average last week gained 277 points over the prior week’s close. That puts the Dow Jones up 643 points for the year, and caps off a fairly solid run that began in mid-February....
The financial markets do not look well — and that could signal some rough waters as we steadily head towards the summer season. Despite strong employment numbers on paper, and amid a Federal Reserve that is positioning itself in a more dovish manner, Wall Street...
The ugliness of the crude oil markets took a much-needed reversal, and energy producers worldwide are breathing a collective sigh of relief — for now. Year-to-date, the international benchmark Brent Crude Oil has definitely moved into positive territory, up 8%....
As the markets slowly chip away at upside resistance — the benchmark S&P 500 is still a percent off its break-even point for the year — it’s getting pretty clear that most sectors are probably not going to be profitable by the end of 2016. One...
On March 2, 2016, Aubrey McClendon, former founder and chief executive officer of Chesapeake Energy Corp. (NYSE:CHK), was announced to have passed away due to injuries sustained in a single car accident. The tragic incident occurred on a rural stretch of highway in...
Staring disaster in the face not too long ago, the Dow Jones Industrial Average appears to have found a much needed life raft. Over the past week, the Dow 30 index gained almost 246 points, or 1.5% — not too bad, considering the shot it took in January. For the...
We’ve heard this before — gold prices are making a comeback. Ever since the bubble in the precious metals complex collapsed back in 2011, commodity analysts have been forecasting a return to bullishness. The fundamentals were quite clear. No matter what...
The financial markets are off to a rip-roaring start — or so Wall Street insiders would have you believe. Last Friday’s robust leap forward in which the benchmark S&P 500 gained 2% against the prior session was the signal equity bulls were waiting for....
The recent rally in the Dow Jones Industrial Average has failed — and that sets the tone for even greater pain in the months ahead. Despite the latest data from the U.S. Department of Labor suggesting that the labor market has firmed, with wages growing and...
Thursday, January 28, 2016 . This would have gone down as a day of infamy within the global financial markets — if anyone knew what was going on. Instead, a major act of manipulation largely went uncovered by the mainstream media, and as a result, very few...