March 9, 2017 | Daily JAM, Morning Briefing |
West Texas Intermediate was down 2.74% to $48.90 a barrel today as of noon New York time. International benchmark Brent crude was lower by 2.60% to $51.73 a barrel. The drop in West Texas Intermediate brought the price per barrel below the psychologically important $50 level. Oil had already tumbled 5.7% in the last three trading sessions.
March 9, 2017 | Daily JAM, GGAL, Volatility |
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March 8, 2017 | Daily JAM, Short Term |
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March 8, 2017 | Daily JAM |
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March 8, 2017 | Daily JAM |
The consensus on Wall Street is, as it was yesterday, that this is a consolidation after a big run upwards in the market and that it is therefore a good thing. A slight dip in prices would form a base, the thinking goes, for a new leg higher.
March 8, 2017 | Daily JAM, Stock Alerts |
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March 7, 2017 | Uncategorized |
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March 7, 2017 | Daily JAM, VIX |
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March 7, 2017 | Daily JAM, Morning Briefing |
Ahead of Thursday’s meeting of the European Central Bank futures markets have started to raise the odds that the bank will start raising its benchmark deposit interest rate beginning in April 2018. The market was putting the odds of an April increase at 20% last month. Those odds have now climbed to 40%, according to Bloomberg.
March 6, 2017 | Daily JAM, NKTR, Volatility |
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March 6, 2017 | Daily JAM, ING, Stock Alerts |
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March 6, 2017 | Uncategorized |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...