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Bond Yields Break Out… And This Energy Trade Just Exploded
Video By: TheoTrade
Monday, April 1, 2024 5:45 PM EDT
Oil in particular looks bullish. Gas prices could hit or exceed $4 a gallon by spring. That’s inflationary, and that’s spooking bond traders - bonds sold off steeply as yields spiked.
In this video: MRO, OXY, OIL, TLT, UGA, XLE, XLU, SLB
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Stocks Drift Lower Despite Looming Weekly Wins
Article By: Schaeffers Research
Friday, January 12, 2024 12:23 PM EDT
It's a choppy end to the trading week on Wall Street, as investors weigh bank earnings and the latest inflation data.
In this article: CCJ, MRO, UAL, QQQ, SPX, VIX, DJI
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In 2024 The US Will Sell CITGO Petroleum And Pay Out Two Canadian Juniors
Article By: Keith Schaefer
Friday, December 29, 2023 2:32 PM EDT
Venezuela owns Citgo Petroleum.  This is a big company – the 7th largest refiner in North America. By July, a US court may make Venezuela liquidate to pay its debts, and some miners may get unexpected windfalls.
In this article: LYB, MRO, VLO, WFC, RMLFF, PSX, PBF
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Producer Price Index Surges For Third Consecutive Month
Article By: Tim Knight
Wednesday, October 11, 2023 11:33 AM EDT
This morning’s big economic report came out, and for the third month in a row, the month-over-month producer price index came in higher than expected. A lot higher.
In this article: HAL, MRO
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Thoughts For Thursday: Market Pops Back, But Oil Stocks Head Down
Article By: TalkMarkets DailyTalk
Thursday, October 5, 2023 5:48 AM EDT
Yesterday the stock marked snapped back from Tuesday's tumble, but that does not mean it will be sustained today. As oil prices retreated, sector stocks did as well.
In this article: DVN, MRO, SLB, IEI, FXY, EWG, JPP, INDA
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