New government guidelines could see U.S. exports of ultra light crude rise to 1 million barrels a day by end of 2015 from just 200,000 now
The sectors leading the market slightly lower are those cyclical sectors that have moved up most strongly on strength of U.S. economic growth—including the revision of third quarter growth to 5% rate.
Today’s vote in the Greek parliament ended with the government short of the votes it needed to avoid elections in January. The opposition Syriza party, which wants to renegotiate the bailout, leads in opinion polls.
Which is important since Syriza opposes the austerity measures imposed by the country’s creditors in exchange for a $305 billion bailout package.
What’s not to like about this market for a computer-trading program. Cash flows point up. Momentum points up. News events that might have disrupted those trends are in the rear view mirror
The U.S. economy grew at a 5% annual rate in the third quarter, the Bureau of Economic Analysis announced this morning. That was a huge upward revision from the previous read of a 3.9% annual growth rate
After having taken a beating just a few weeks ago when low oil prices insisted on becoming even lower oil prices, hedge funds, commodity traders, and ETF buyers are back betting that oil just has to bounce