Smart Investing Today – Your Stock Market Market Digest Whiting Petroleum Stock Changes Track, Shows an Upward Trend Whiting Petroleum stock has returned -25% since the beginning of 2017. It’s underperformed the Energy Select Sector SPDR ETF, which has seen a return of -8.2% during…
Category: Market Update
US Dollar Could Impact Crude Oil Prices in 2Q17
Smart Investing Today – Your Stock Market Market Digest US Dollar Could Impact Crude Oil Prices in 2Q17 The US Dollar Index rose 1.3% to 100.2 on March 31, 2017, compared to previous week. The dollar hit a high of 103.8 on January 3, 2017.…
10 things you need to know before the opening bell
Smart Investing Today – Your Stock Market Market Digest 10 things you need to know before the opening bell Here is what you need to know. Euro-area unemployment hits an 8-year low. The region’s… Read more… 10 things you need to know before the opening…
Stocks rally, as crude oil pops above $50 a barrel
Smart Investing Today – Your Stock Market Market Digest Stocks rally, as crude oil pops above $50 a barrel Stocks (^DJI, ^GSPC, ^IXIC) are edging up in midday trading, with the tech sector (XLK) leading and energy (XLE) leading. Jonathan Corpina of Meridian Equity Partners…
Crude Oil Prices Rose above the 200-Day Moving Average
Smart Investing Today – Your Stock Market Market Digest Crude Oil Prices Rose above the 200-Day Moving Average WTI (West Texas Intermediate) crude oil (USO) (UCO) (XLE) futures contracts for May delivery rose 2.4% and settled at $49.51 per barrel on March 29, 2017. Read…
Why David Einhorn Wants Two Flavors of GM Shares
Smart Investing Today – Your Stock Market Market Digest Why David Einhorn Wants Two Flavors of GM Shares Billionaire investor David Einhorn’s is pushing General Motors Co. for changes to its share structure that the hedge fund hopes will kickstart returns. Enclosed are the key…
Investors keeping powder dry, as macro data and geopolitics drive markets
Smart Investing Today – Your Stock Market Market Digest Investors keeping powder dry, as macro data and geopolitics drive markets Investors spent much of late last week digesting Wednesday’s equity market reset in hopes that the Trump trade remains intact. As a result, equity prices…