Page 53 - Oil Patch News Today

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 down the whole market because o...

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 them. If jobless claims spike again tomorrow want to know if the analog fed...

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 down the whole market because of a false sense that demand for crude is declining. Machines that sell stocks when oil goes lower may make them money. It doesnt make them right....

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 them. If jobless...

On stocks easily. Stocks hammered earlier in the week ended up much higher by todays close. I wouldnt be surprised if amazon bounces back next week. Situations in mind when we get another flood of earnings next lets keep the bounce it is back situations in mind when we get another flood of earnings next week and a flood of incredible guests, by the way, when we take this show on the road. We are going to San Francisco to do a countdown for the big game. So stay tuned. Guests were talking to. I w...

[ 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 ...

Businesses and consumers the crew bounced from 22 to 33. Any rebound means the Oil Companies get to raise more capital buying more time to stay in business. When it comes to higher oil. This week we learned people quit on stocks easily. Stocks hammered earlier in the week ended up much higher by todays close. I wouldnt be surprised if amazon bounces back next week. Lets keep the bounce it is back situations in mind when we get another flood of earnings next lets keep the bounce it is back situat...

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 them. If jobless claims spike again tomorrow want to know if the analog fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright hawkish and bad for workers. The fed still thinks inflation could be a problem despite the decline in oil which ...

Nasdaq climbing 2. 38 . What the heck happened to make these things go right for stocks . First, amazingly we decoupled from the chinese stock market. Finally we got a good week for oil. As much as it is a negative for businesses and consumers the crew bounced from 22 to 33. Any rebound means the Oil Companies get to raise more capital buying more time to stay in business. When it comes to higher oil. This week we learned people quit on stocks easily. Stocks hammered earlier in the week ended up...

To a pulp . Dow plummeting 296 points. S p plunging 1. 87 nasdaq nosediving 2. 42 . I think this sell off is all about the way we got a strong dollar, the way oil has come down so much. And the way Interest Rates have plummeted. First, understand that stocks can react quickly stimuli. Because stocks are for the most part trading together commodity style like bushels of corn or wheat. It shouldnt be the case but we know it is. Short term stocks should trade based on the fundamentals. They are mea...