energy

U.S. stock market collapsing as global currency war heats up …

(NaturalNews) Amid a global financial system that remains in flux, oil prices tanked Friday as well, sending prices below $40 a barrel for the first time since the Global Recession was at its peak in 2009.Prices touched a six-and-a-half year low of $39.86 a barrel for a brief period, rising above $40 to settle around just above that mark by […]

CNBC Squawk Box – August 7, 2015

U.S. stock futures were under pressure in early trading ahead of this morning’s release of the July employment report-seen as a key piece of the economic puzzle on whether the Fed might hike interest rates next month. (CNBC)
The Dow is looking to break a six-session losing streak Friday, after closingThursday at a six-month low. Media, biotech, and energy stocks served […]

Now Is The Time – Fear Rises As Financial Markets All Over The …

Now Is The Time – Fear Rises As Financial Markets All Over The Planet Start To Crash
By Michael Snyder, on July 27th, 2015Can you feel the panic in the air?  CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100.  The closer it is to zero, the […]

Saturday July 25, 215

$SPY, $STUDY Blowout earnings from AMZN set the stock market up for a nice bounce on Friday morning, however, with energy, materials and high-beta biotech stocks gapping down at the open, the overall upside momentum was short-lived. The Flash PMI out of China, which showed a contraction in manufacturing activities, had many investors worried. A sizable miss in June new […]

Market overview

I’ve traded a lot and haven’t updated the journal for individual trades. For the first time this year, I find my self entirely on the short side. But like buy strength on longs, I’m selling the weakest stocks short.But first some index chartsVIX: RSI – piked up support — look for a run to the green lineBiotech: Earlier this month, […]

Wall Street slides to end rough week

The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday. Photo: APThe S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.Biogen more than halved its revenue growth forecast for 2015 and its stock […]

Wall Street slides to end rough week on macro, earnings concerns

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, July 23, 2015.Reuters/Lucas Jackson n”>The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.Biogen (BIIB.O) more than halved […]

Market Recap Top Down

The market staged another strong recovery this week as the SP500 regained its 20 WMA after briefly dipping below the last couple weeks. How quickly this market responds is a testament to why sticking to the long-term trends and keeping an open mind are so beneficial for proper money management. During this most recent “meltdown” (where the SP500 declined only […]

Market makes it Four Straight Days of Gains

Despite poor retail sales stocks bounced higher for the fourth straight session. Energy and Biotech stocks led the overall market today. Energy seems to be finding support at early 2015 lows. Biotech continues its run despite fundamentalists crying foul over earnings multiples. Transportation stocks lagged the market along with utilities. Bonds rallied a bit today as they continue to remain […]

Sector Detector: Bulls prepare for a new buying opportunity, courtesy of Greece

Of course, all eyes have been on Greece in an ongoing saga that, although critical to the Greeks, is mostly just an annoying distraction for global investors — partly because it has been going on for so many years, with the proverbial can of inevitability continually being kicked down the road, and partly because there can be no winners in […]