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29Jan2021 Pre-Market Commentary: Wall Street Expected To Open Marginally Lower, DOW Down 200 Points, Gold Futures Up 1.6% 1868, Silver Up At 27.47, WTI Crude At 52.68


US personal incomes increase 0.6% in December (SPY -0.4%). JNJ shares tumble after reporting vaccine effectiveness.
Here is the current market situation from CNN Money
European markets are mixed. The CAC 40 is higher by 0.93%, while the FTSE 100 is leading the DAX lower. They are down 1.63% and 1.18% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Biden Could Send Electric Vehicle Stocks Soaring
Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sectors favorite benchmark Global X Autonomous & Electric Vehicles ETF (DRIV) has climbed 75.3% over the past 12 months and is already up 13.6% YTD, managing to even outperform the red-hot biotech sector as the Covid-19 vaccine rollout gets underway. Incredibly, EV and clean energy have continued to post impressive growth numbers amid the ongoing pandemic. Indeed, the latest report by clean energy watchdog Bloomberg Ne ....

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Global Natural Gas Demand Set To Rebound After Pandemic Shock


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Global Natural Gas Demand Set To Rebound After Pandemic Shock
By Tsvetana Paraskova - Jan 28, 2021, 4:00 PM CST
Natural gas demand in the world saw its largest drop on record last year as COVID-19 reduced economic activity and upended all previous forecasts for continuous growth in global gas consumption.
Even if it was the largest decline on record, natural gas demand still fell less than demand for other fuels, most notably oil. Gas demand dropped by 2.5 percent in 2020 compared to 2019, for the first significant setback in consumption since the 2008-2009 financial crisis.
Gas Demand To Recover Quicker Than Oil ....

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