This is the kind of stock market "divergence" that I like to see… Master limited partnerships (MLPs) recently fell more than 4% over five days… while oil prices rose. Whenever I see a crazy divergence like that, I usually ask one question: "What happens next?" We looked back to see what happened to these companies after previous divergences like....More>>>
Related NFX Mid-Day Market Update: Crude Oil Down 1.5%; Lantheus Shares Surge Following Q4 Results Earnings Scheduled For February 21, 2017 Newfield Exploration -5.5% as production guidance disappoints (Seeking Alpha)
Related PKD 18 Biggest Mid-Day Losers For Wednesday Mid-Day Market Update: Crude Oil....More>>>
This is a company that has taken its time getting the infrastructure just right, the wells optimized, and the returns out of sight. So when the management of Ring Energy (REI) finally increased the drilling rate, the cash flow increased to over $7 million in the first quarter before changes in the working capital accounts. Overall, the GAAP measure, cash flow from operations, topped $11 million....More>>>
As expected, OPEC and non-OPEC extended oil production cuts until December 2018 with adjustment possible during the June 2018 meeting. Major offshore drillers — including Transocean (RIG), Diamond Offshore Drilling (DO), Rowan (RDC), Ensco (ESV) and Noble Corp. (NE) — rallied on the news. Here are my views on whether this rally has chances to continue.
1. Brent oil (BNO) will....More>>>
U.S. equities mostly finished lower on Thursday as the bulls cooled their heels after a multi-day push to new record highs. Hopes for a bipartisan deal on taxes dimmed slightly after President Donald Trump and Congressional Democrats differed on whether border wall funding would be part of the agreement.
In the end, the Dow Jones Industrial Average gained 0.2%, the S&P 500 lost 0.1%,....More>>>
Whirlpool CEO Jeff Fettig blamed the confidence-sapping U.S. election and the plunge in the value of the British pound for the companys disappointing third quarter earnings, and predicted that the appliance-makers woes would be short-lived.
Whirlpool shares fell as much as 13% on Tuesday after the company posted earnings per share of $3.66, versus expectations for $3.86,....More>>>
Fort Lauderdale, FL, based Investment company Palisades Hudson Asset Management, L.P. buys iShares Core S&P Small-Cap, iShares S&P SmallCap 600 Growth, Graco Inc, Danaher Corp, eBay Inc, National Oilwell Varco Inc, Abbott Laboratories, Ford Motor Co, sells Vanguard Total Stock Market, Johnson & Johnson, JPMorgan Chase, Bioverativ Inc during the 3-months ended 2017-03-31, according to....More>>>
If you want to make big gains in the market, you need to invest in growth. Just consider the gains you could have made during the U.S. consumer boom in the 1950s… From 1950 to 2015, U.S. gross domestic product (GDP) per capita rose 690%, adjusted for inflation. During that time, the S&P 500 soared 11,700% (not including reinvested dividends). Over the course....More>>>
Michael E. Lewitt
By now, it should be apparent to anybody with a functioning cerebellum that our political and economic policy leaders are abject failures. After years of impotent monetary policy at the hands of the Fed, decades of incompetent foreign policy by several administrations, a dormant and corrupt Congress, and an activist Supreme Court rewriting the Constitution, the world....More>>>
Related Benzinga's Top Initiations Barclays Bullish On Cotiviti Shares Related MDVN Mid-Afternoon Market Update: CIFC Rises Following Acquisition News; Marathon Oil Shares Slide 10 Biggest Mid-Day Gainers For Monday Pfizer Pays Up (Seeking Alpha) ....More>>>