We’ve used data based on the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price
December 6, 2017
Marcello Minenna, a division head at the Italian securities regulator, emailed his plan to “Cure the Eurozone”. Marcello Minenna, the head of Quantitative Analysis and Financial Innovation at Consob, the Italian securities regulator, pinged me recently with his plan to
Shares of Roku (ROKU) are on the rise amid reports that Google (GOOG; GOOGL) is pulling its YouTube service from Amazon (AMZN) FireTV. GOOGLE PULLING YOUTUBE FROM FIRETV: Yesterday, CNET reported that Google was pulling its YouTube service from Amazon’s
There’s trouble in market paradise. By all accounts, progress on the tax cuts should be propelling equities higher. After all, the tax deal was supposed to be a “free call option” on further gains. And as far as “Mueller risk”
Citi stock tumbled, closing at session lows after the bank’s CFO John Gerspach confirmed that the trading woes plaguing other banks would impact it as well, previewing Q4 trading as down “in the high teens.” The percentage decline in trading
When it comes to investing, we all want to earn the highest return possible. There are many strategies out there to help with this endeavor. Some investors use charting tools, while others go by a fundamental analysis of the markets.
This post looks at a curious and obscure indicator on the US economy which has in the past provided some clues on the outlook for the US stock market.I call the indicator the “Economic Noise Index” and it combines the
Stocks muddled through today, closing nearly unchanged with a little dead cat bounce in the FANGs. Oil lost ground despite a larger than expected drawdown in crude. The larger than expected build in gasoline put a damper on that short
Let’s take a closer look at recent activity in US Treasuries. The yield on the 10-year note ended the day at 2.33% and the 30-year bond closed at 2.71%. Here is a table showing the yields highs and lows and
As 2017 starts to wind down we will soon be inundated with price targets for the S&P 500 for 2018. This has already started to trickle out of course with a few here and there. Credit Suisse is looking for 2875 for
