Page 12 - Oil Complex News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This market can only focus on one bullish idea at a time. And it just feeds Everything Else to the hungry bears. Today the market decided that oil is going to the moon, because it did show a huge draw down. Actually, to be fair to the oil traders, it took crude up nearly 2, a reduction of 4. 5 million barrels. Its the second biggest in hist this reduction is amazing. No one saw it coming. Weve heard over and over and over again that theres way too much oil, so theres a gigantic glut. Every now and then, some combination of countries had decided that oils fallen enough. You hear chatter about a...

This market can only focus on one bullish idea at a time. And it just feeds Everything Else to the hungry bears. Today the market decided that oil is going to the moon, because it did show a huge draw down. Actually, to be fair to the oil traders, it took crude up nearly 2, a reduction of 4. 5 million barrels. Its the second biggest in this reduction is amazing. No one saw it coming. Weve heard over and over and over again that theres way too much oil, so theres a gigantic glut. Every now and then, some combination of countries had decided that oils fallen enough. You hear chatter about an tak...

In the meantime lets get you caught up where we stand. Yesterday the markets had a rebound. The dow was up by over to 230. Volatility is back at least for a few days. Dow is down by almost triple digits decline of 96 points below fair value. Nasdaq down by 24 and s p down by over 30. Overnight in asia the nikkei stabilizeed a bit after the big losses it posted the day before catching up with what we had seen on friday. Right now you see nikkei closed up by 56 points. Shanghai composite was flat. In the early trade in the european be markets youll also see that the dax is higher up by by. 4 . W...

S p 500 above 2100. Above a level that some traders have been talking about. 18,000 for the dow. All three major averages moving to the highs of the session. The highest that we have seen. Jones industrial average , last may is when the dow hit its record. 1. 1 . Nly off about the s p, around the same so we are getting closer to reachieving that record for both of those averages. The nasdaq, little further away. Todays session, energy has turned around and is the best performing group in the s p 500. Up about three quarters of 1 . Health care is gaining. We have Consumer Staples being pulled l...

Because my late friend mark canes called that bottom onair in a rare bit of prognostication, haines, then squawk on the street cohost, said there had been enough selling, too much selling, and that brilliant call stood the test of time. Today the dow climbing, s p advancing 1. 5 , nasdaq gaining 5 , i want to taunt the winner since the bottom 2009 and how so many of them were totally accessible to you and can still be pretty darn good. First you could have made a killing since the generation aloe seven years ago just by being an index fund. Theyve done fabulously since the bottom. Dow rallied ...