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12Apr2021 Pre-Market Commentary: Wall Street Futures Slip After Large Caps Hit Fresh Records, DOW Down 47 Points, Nasdaq Down -0.3%, WTI Crude Above 60, Bitcoin Higher At 60300


Cryptos reach new record high ahead of Coinbase listing (SPY -0.1%). Global stocks hover at all time high as Q1 earnings begin as Powell says U.S. economy at inflection point.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
The $7 Trillion Reason Saudi Arabia Is Cutting Oil Production
Strict production discipline by OPEC and its partners is the #1 reason why oil prices have managed to stage a remarkable recovery and stay relatively high after plunging to historical lows in 2020. Early this month, oil prices reacted positively after OPEC and its non-OPEC partners, aka OPEC+, reached a favorable agreement to start gradually curbing production cuts beginning in May. Starting next month, OPEC+ will allow an additional 350,000 barrels per day to join the markets, with another 350,000 coming in June and June and 450,000 barrels per

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12Apr2021 Midday Update: DOW Edges Lower Down 34 Points At 1 ET, Nasdaq Down -0.3%, WTI Crude Slips 59.74, Silver Slips 24.84, Bitcoin At 60000

Written by GaryOil prices rise on expectations of a strong economic recovery (SPY +0.1%). Biggest midday movers: Tesla, Nuance Communications, Uber. Amazon launches new food brand, Aplenty.

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06Apr2021 Pre-Market Commentary: Wall Street Stock Futures Down This Morning, DOW Down 40 Points, Nasdaq Up 0.1%, WTI Crude Higher At 59.79, Bitcoin Lower At 58900


One day after the DOW and SP 500 surged to closing records, markets will take a breather (SPY -0.2%). Home price growth reaches 15-year highand Credit Suisse takes $4.7 billion hit.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Iraq Moves To Exploit Its Massive Natural Gas Reserves
Official estimates are that Iraqs proven reserves of conventional natural gas amount to at least 3.5 trillion cubic meters (tcm), or about 1.5 percent of the worlds total, placing Iraq 13th among global reserve-holders, with around three-quarters of this figure comprising associated gas that is found in the same reservoirs as oil. The International Energy Agency, though, estimates that ultimately recoverable resources will be considerably larger, at 8.0 tcm, of which around 30 percent is thought to be in the form of non-associated

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05Apr2021 Pre-Market Commentary: Wall Street Futures Surge After Friday Blowout Jobs Report, DOW Up 247 Points, Nasdaq Up +0.7%, WTI Crude Lower 60.31, Bitcoin Slips 57900


What's behind the boom in iconic boomer musicians selling their songs
Paul Simon is latest icon to sell his songs, joining Boy Dylan, Neil Young and Stevie Nicks. For acquirers, it's a boom market. For musicians, estate-planning.
GM unveils electric Hummer SUV topping $110,000
The 2024 GMC Hummer EV SUV debuted during an ad narrated by NBA star LeBron James that aired during the NCAA's Final Four.
Matthew McConaughey: Lessons for a successful life in post-Covid reality
McConaughey tells CNBC there are fundamental life lessons from the Covid year we must accept in order to succeed in building a better, post-pandemic world.Â

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01Apr2021 Pre-Market Commentary: SP 500 Futures Hit New Record High To Start The New Quarter, DOW Futures Up 28 Points, Nasdaq Up 1.1%, US Dollar Remains High 93.13, Bitcoin 58600


April 1, 2021, is a settlement holiday on account of Annual bank closing (SPY 0.4%). Weekly jobless claims higher than expected despite signs of labor market improvement.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
The Future Of U.S. LNG Hangs In The Balance
Soaring American exports of liquefied natural gas (LNG) could become a powerful tool of the Biden Administration to help other countries reduce their carbon footprint from more emission-intensive fossil fuels such as coal, U.S. shale gas producers say. Moreover, American natural gas is the sharpest diplomatic tool the Biden administration can wield in energy-related foreign policy and international trade negotiations, David Callahan, president of the Pittsburgh-based Marcellus Shale Coalition, wrote in InsideSources.com

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01Apr2021 Market Close: Stocks, Bonds, Bullion, and Black Gold Bid As Q2 Starts With SP 500 Closeing Above 4,019 For First Time, DOW Closes Up 172 Points, Nasdaq Up Sharply +1.8%


March 2021 ISM and Markit Manufacturing surveys improve (SPY +1.1%). U.S. stocks close sharply higher to cap holiday-shortened week.
The Market in Perspective
Here are the headlines moving the markets.
Saudi Aramco's Falling Profits Put Vision 2030 In Jeopardy
Saudi Aramcos profits fell by nearly 50% in 2020 as the pandemic battered oil markets and an oil price war between Russia and Saudi Arabia sent oil prices to record lows. Not even the worlds largest oil company could escape the devastation, although it did manage to remain profitable unlike many of its competitors. For Saudi Arabia, a country whose entire economy is virtually monopolized by the state-owned oil company, Aramcos 44.4% drop in profits meant a whopping 30.7% decline in oil revenues for the Saudi government.

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17Mar2021 Pre-Market Commentary: Oil Rally Stalls As Oversupply Threat Grows, DOW Up 37 Points, Nasdaq Down Sharply -1.2% After US Housing Starts Slumped More Than 10%, WTI Down To 64.09


Nasdaq futures tumble as treasury yields suddenly surge ahead of FOMC (SPY -0.3%). Stocks making the biggest moves in the premarket: Lands' End, CrowdStrike, Plug Power.
Here is the current market situation from CNN Money
European markets are mixed to lower. Shares in London are off as the FTSE 100 drops 0.54%. The CAC 40 is down 0.17% while the DAX in Germany is unchanged.
What Is Moving the Markets
Here are the headlines moving the markets.
Bidens Energy Agenda To Reduce Oil Production And Boost Prices
Joe Biden had a neat, nine-point plan for energy when he campaigned for president. He started putting this plan into action on his first day in the White House with the cancellation of the notorious Keystone XL pipeline and has since then continued with his tough stance on fossil fuels. The argument that this tough stance will, in fact, benefit oil producers has been made since the campaign trail. It went like this: Bidens fight for less oil and gas and more renewable energy will hurt U.S. oil and gas producers, but it will not reduce American

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17Mar2021 Market Close: Powell Pumps Bitcoin, Bonds, And Big-Tech; Crashes Dollar, DOW Closes Up 189 Points Above 33,000 For The First Time As Fed Sticks To Easy Policy, Bitcoin 58100. US Dollar 91.44


Stocks Explode Higher After Powell Says Will Give SLR Update (SPY +0.3%). Stocks hit records after Fed signals no interest rate hikes through 2023.
The Market in Perspective
Here are the headlines moving the markets.
Why The West Is Worried About China's Renewable Energy Dominance
Over the past decade, no major energy source has grown faster than solar power. According to the 2020 BP Statistical Review of World Energy, installed solar photovoltaic (PV) capacity has grown at an average annual rate of over 42% over the past 10 years, translating into a doubling of global capacity every 1.7 years on average. Although that blistering pace could start slowing down as installed capacity grows, solar will likely remain the fastest-growing energy source for the foreseeable future.Much as with other energy sources, however,

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16Mar2021 Market Close: Big-tech Trumps Small Caps As Inflation Outlook Hits 13-year High, DOW Closed Down 128 Points, Nasdaq Up +0.1%, WTI Settles At 64.65, Bitcoin Higher 56200


U.S import prices jump as oil and other commodities rally (SPY -0.1%). Lithium prices have soared 88% this year.
The Market in Perspective
Here are the headlines moving the markets.
Are Analysts Underestimating Chinese Oil Demand?
Chinas annual session of the National Peoples Congress (NPC) last week set an annual economic growth target that at above 6 per cent - looks conservative to many and, as such, it is likely that the countrys demand for oil will be significantly higher than is implied in the growth figure. The soft economic growth target is a really low bar considering that annual growth prints will be boosted by favourable base effects, Eugenia Victorino, head of Asia strategy for SEB in Singapore told OilPrice.com

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