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S&P Sectors This Week

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The markets went out with a bang on Friday. A good bang, though, and perhaps even a puzzling bang that gave some investors hope. On the other hand, Friday's jobs report revealed some economic weakness that continues to trouble the financial situation. The volatile Dow Jones Industrial Average gained 1.23% after a 200 point loss upon opening with news of a weaker gain in the labor market. Those numbers, an addition of 142,000 new jobs in September, failed to meet the expectations of various economists who projected a gain of around 200,000. The Global Dow saw the same gains at 1.22% with the increased probability of low to zero interest rates. Some particularly bearish analysts are citing the possibility of  NIRP or Negative Interest Rate Policy. While I do not see this happening, the significant gains seen on Friday show that Wall Street is willing to bet on another few months of easy money conditions. Asian and European markets also gained with the Stoxx 600 up 0.47% and the ...

Another Quarter, Another Lost Dollar

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Markets open October with the reports on benchmarks coming from every direction as the third quarter comes to a close. Economies and companies will be informing investors on their performance over the next few weeks through indices describing industrial performance and corporate earnings. Predicting bearish numbers, traders opened the October market with a loss on Wednesday which produced a lot of concerns over what may be looming over the economic landscape. The Fed will be especially attentive to numbers in the labor market as they decide whether to raise rates by 2016 or keep the fed funds rate between the low range of 0.00%-0.25%. The Dow Jones Industrial Average opened with an initial gain but dropped immediately after to -0.41% with potential intraday losses lurking as the day continues. The Dow saw a bounce off the traditional Bollinger Band as prices converge towards the 20-day average (or Bollinger Middle Line). Variation is contracting as a consolidation phase might give inve...

Envestor First Contributor

Hello audience, Today, I am really excited to announce the addition of my contributions to the site Envestor First, a website dedicated to oil and gas intelligence and research. Their extensive data and in-depth articles are very informative for investors looking at stocks in the energy sector. From here on, most of my posts will be published on that site along with my own profile. As everything is getting updated, feel free to check out the website and my stuff (even though you can read everything there as well). A link to Envestor First will be posted on the right side of the website as well as a link to my profile when it is finished. This expansion is greatly appreciated, and I am ecstatic to have the chance to expand my audience. Check out my latest post on their website at http://envestorfirst.com/2015/09/29/all-of-opecs-eggs-in-one-basket-uwti-uco-cl_f/. My blog and social media accounts will not change so keep tuning in. In about 3 months, I have about 7,000 pageviews. Th...

All of OPEC's Eggs in One Basket

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Stocks inch higher after a day of heavy losses hangs on the minds of investors worldwide. U.S. traders react to midday reports of high than expected consumer confidence levels. Up 1.9 points from August, the consumer confidence index reaches highs that haven't been approached since January despite the fact that YTD Dow and S&P movements have been -10.01% and -8.25% respectively. A gossamer sense of confidence comes amidst global worries of economic health where inflation and unemployment levels continue to grapple in an epic macroeconomic struggle. In the same report, the present situation index rose 5.3 points from last month marking an eight-year high with many Americans citing a preference for the current economic situation over the recent past. Perhaps it comes from a relief period following the drastic losses. Nevertheless, the expectations decline did show a decline of 0.6 points from last month, but other than a slightly lower prospect for growth, consumers seem unsure i...

The Purse Strings Tightened

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After a weekend of tranquility from the stock trading scene, investors broke the bank on Monday to open another week defined by a monstrous bearish wave of sentiment. Dow futures opened once again predicting a loss with news of an Alcoa split and a giant energy merger to play out during trading hours. The Dow Jones Industrial Average broke into the 15,000's with a low around 15,981 and a close down -1.92% at 16,001. The Global Dow Index sits about -0.32% lower hinting that a lot of the damage was compartmentalized to the U.S. stock market. The S&P 500 fell -2.57% below the 1,900 level where the correction had established a support. The 50-day trend line breaks farther from the long-term 200-day trend as NASDAQ's trend line's finally complete the reversal signal called the "death cross." The technology indicator dragged down by a biotech slump is approaching a break-even performance for the year as its three-month losses amount to -8.36%. Falling with the marke...

Energy's Biggest Movers: Summit Midstream Partners LP (SMLP)

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Today, we are going to look at Friday's biggest mover in the energy sector. Summit Midstream Partners LP is an infrastructure based company that focuses on gathering, treating, and processing natural gas and crude oil. It has a key partnership with Energy Capital Partners which has been significantly hurt by the impending oil slump. As a result, the last three trading sessions have reported two days of extreme losses and a day of retracement. There may or may not be a big future move in this stock's price, but to find out more we should take a look at the chart. The first thing to notice is that a gradual bearish trend turned into a plunge very quickly and with heavy volume. The suddenness looks to be the result of a piece of news affecting sentiment or traders thought the need for a correction. Either way, bearish feelings have been circling like sharks around the price of SMLP even though the RSI indicator didn't show any overbought signals. In the period between the...

Emerging Markets and Commodities

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The week after rate delays, markets continue their sideways movement through the end of Friday. The Dow Jones Industrial Average closes today with a 0.70% gain making the week total a -2.16% loss. Fluctuations today stayed within a range of 260 points similar to previous trading days throughout the week. The S&P 500 showed similarly dampened movements as it lost a small -0.05%  with its weekly change reported being -2.96%. The common volatility indicator VIX grew a little today after Janet Yellen extended her concerns for foreign and domestic growth.On a side note, the health sector bogged down the rest of the market as it saw significant losses after Hillary Clinton's comments concerning prescription price caps. Their -2.59% sector loss was significantly lower than the rest of the advancing industries. The energy sector remained directionless today as crude oil prices gained just below one percent on the New York Mercantile Exchange. A lot of analysts around the econ...