Page 52 - Oil Patch News Today

Now will the markets continue to correct or is the worst over. One of the worst ones ever. Nasdaq could be the worst ever. Third worse for the dow and the s p. Bounce back next month or back down . As you know its very difficult to call but i think were in a volatile trading range. Look to 1850 on the down side at the bottom of the bracket but if china straightens things out and thats a long shot at this point that could be off to the races. I still point to them as the mayor problem. Getting th...

The futures right now are indicated higher as well. Dow futures up by about 90 points. S p futures up by seven. This is off the lows we had seen this morning. Europe is good too. I think negative Interest Rates reminds me of negative growth. Its too long. Its too many words. We need a new word for these. Some people are writing in to me. What about optist rates. Clever. So japan now has put into effect some outrest rates. Its that simple. Its quicker. Its succinct. Someone suggested that on twit...

We left he dazed andfused and glad the miserleive ys were behind us. This weeturned o to be the opposite. We fishejanuy with a bang, 397 ints higher, s p the 47b9 . . H nasd climbing 2. 38 . What the hechappened tmake these thgs go right for stocks . Rst, amazingly we decoupled from t chinese stock market. Filly we got good weor oil. As much as it is negative for businesses and consumers t crew bou cr bounc fro 22 to 33. Any rebound means the Oil Companies get to raise more capitabuyingore time ...

Seding 2. 4. I think i thinthiseloff is all about e way we got a strong doar, the way oil has come do so much. And the way terest rates have plummeted. Rst,nderstand thattocks can act qukly stimi. Becae stocksre for t most partrading together commodity style like bushelsf corn or wheat. Eat. It shouldnt be the case but we know it is. Short term stocks should tra based on the fundantals. Ey areeant to bettached to companies arent ty . But than but thanks to forces ranging from what the federal re...

Terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on the...

Rates plummet, its a good thing, you can buy a house or get financing for a car much more cheaper. When gasoline goes down, its a good thing because youre spending less money on a basic necessity. Think of it as a tax cut. Even the strong dollar, which has hurt so many of our international companys bottom line can be a good thing. It means you can travel overseas and get much more bang for your buck when youre there. So if all these good things are occurring in one day. Why does the market get b...

What a strong, bizarre comeback. Many stocks were swept up in the big jump in oil. A monster 2. 60 move off the 3 basis but something profoundly positiveveappened today. The stocks of the companies that were most on the ropes in the oil patch like chesapeake, freeport and other dead man drilling stocks actually read the rally and that reassured buyers who flocked to many of the beaten down sectors in this market. Let me tell you why. For ages oil has been dragging down the whole market because o...

[ house of pain ] i have often commented the bear market needs to run the course before we can get on terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can ...

Nasdaq declineds just. 28 . What a strong, bizarre comeback. Many stocks were swept up in the big jump in oil. A monster 2. 60 move off the 3 basis but something profoundly positive happened today. The stocks of the companies that were most on the ropes in the oil patch like chesapeake, freeport and other dead man drilling stocks actually read the rally and that reassured buyers who flocked to many of the beaten down sectors in this market. Let me tell you why. For ages oil has been dragging dow...

Short term stocks should trade based on the fundamentals. They are meant to be attached to companies arent they . But thanks to forces ranging from what the Federal Reserve is doing or saying to the price of oil, the politics to iowa strong polls to hedge funds betting against s p 500 futures rather than selling individual stocks that darn futures tail that wag and sometimes strangle. We get instant reactions that are just like the instant political analysis we heard about. The incident analysis...