US Gasoline Inventories Pressured Gasoline and Crude Oil Futures
The EIA reported that US gasoline inventories rose by 22,000 barrels or 0.1% to 231.1 MMbbls (million barrels) on August 4–11, 2017.
Miscellaneous
Could the Oil Rig Count Threaten Bullish Bets on Oil Prices?
The US oil rig count rose by three to 768 for the week ended August 11, 2017.
Do Financial Markets Have Another Tense Week Ahead?
Equity markets in the US and across the globe reported heavy losses as risk aversion set in.
Will Bond Yields Continue to Fall amid Geopolitical Tensions?
Bonds, especially U.S. Treasuries (GOVT), are considered one of the safest assets in which to park your funds in times of uncertainty.
A Lesson from Currency Markets during Geopolitical Tensions
Last week’s rising geopolitical tensions between the United States and North Korea turned the tide for the yen. The Swiss franc also appreciated.
How Are Safe Havens Faring in This North Korea Fear?
The safe havens that benefit the most in times of uncertainty include gold (GLD) and U.S. Treasuries (GOVT).
Which Stocks Will Benefit the Most from US-Korea Tensions?
Some companies benefit in times of uncertainty, and some sectors provide cover for investors.
Why Natural Gas Prices Are Rising
On August 9, 2017, natural gas (UNG) September futures closed at $2.88 per MMBtu (million British thermal unit).
EIA Upgrades US Crude Oil Production Estimates for 2017 and 2018
The EIA released its Short-Term Energy Outlook report on August 8, 2017. It estimates that US crude oil production could average 9.35 MMbpd in 2017.
Crude Oil Futures Fell despite OPEC’s Meeting and API Data
September US crude oil futures contracts fell 0.4% to $49.17 per barrel on August 8. Brent crude oil futures fell 0.4% to $52.14 per barrel on the same day.
Miners: Correlation Trends in August 2017
Silver Wheaton has the highest correlation with gold, while Franco-Nevada has the lowest correlation.
Platinum Market: Reading the Gold-Platinum Ratio
When reading the platinum market, it’s important to look at the relative performance of platinum and gold by using the gold-platinum ratio.
What Miners’ Technical Indicators Suggest
Most of the miners have seen an upswing in their prices over the past week.
US Gasoline Inventories Fell, Supported Gasoline Oil Prices
The EIA reported that US gasoline inventories fell 1.1% or by 2.5 MMbbls (million barrels) to 227.7 MMbbls on July 21–28, 2017.
How the US Dollar Affected Gold
The US dollar has been on a downward swing over the past week.
A Look at Volatilities for Precious Metal Miners
In this part of the series, we’ll look at some important technical indicators, including volatility figures and RSI levels for major miners.
Ashford Hospitality Prime’s Dividend Confidence
Ashford Hospitality Prime (AHP) has paid 98.4% of its earnings as dividends in 2016. It also declared a dividend for 1Q17 despite negative earnings per share.
Unpacking the Technical Indicators for Mining Stocks
Mining stocks have bounced back from the choppy markets we’ve seen over the past month. On July 20, most mining stocks saw upward movements in their prices.
US Crude Oil Inventories Could Fall below the 5-Year Average
The EIA estimates that US crude oil inventories fell by 4.7 MMbbls (million barrels) to 490.6 MMbbls on July 7–14, 2017.
US Gasoline Inventories Drive Gasoline and Crude Oil Prices
The EIA reported that US gasoline inventories fell by 4.4 MMbbls (million barrels) to 231.2 MMbbls on July 7–14, 2017.
How Has Miners’ Volatility Trended in July?
Mining stocks have bounced back from the choppy markets seen over the past week.
Oil Rigs: Oil Prices Could Make a U-Turn
The US oil rig count extended to 765 in the week ending July 14, 2017—a gain of two rigs compared to the previous week.
Near Record US Gasoline Demand: Are the Bulls Taking Control?
The EIA estimates that the four-week average for US gasoline demand rose 129,000 bpd (barrels per day) to 9.7 MMbpd (million barrels per day) from July 7 to 14, 2017.
Will OECD’s Crude Oil Inventories Fall below the 5-Year Average?
The EIA estimates that OECD’s crude oil inventories fell by 10.13 MMbbls (million barrels) to 3,005 MMbbls in June 2017—compared to May 2017.
Granular Urea versus Prilled Urea Last Week
Last week, granular urea prices moved higher, which helped bring some relief to urea producers. But the falling global ammonia prices remained a challenge.
Inside Kansas City Southern’s Trailer Decline Last Week
In the week ended July 8, 2017, Kansas City Southern (KSU) reported a marginal loss in its total intermodal volumes (containers and trailers).
Wall Street Recommendations and Price Target for Mosaic
Mosaic (MOS) remains a painful investment for investors. The company has delivered losses of 18.7% year-to-date as of July 13.
What Wall Street Recommends for VFC ahead of 2Q17 Results
VFC is covered by 21 Wall Street analysts. It has received a 2.7 rating on a scale where one is a “strong buy” and five is a “strong sell.”
US Gasoline Inventories Support Gasoline, Crude Oil Futures
The EIA reported that US gasoline inventories fell 1.6 MMbbls (million barrels) to 235.6 MMbbls between June 30, 2017, and July 7, 2017.
Prologis: What Analysts Recommend for the Stock
Analysts have assigned Prologis stock a mean price target of $58.47, which is 2.1% higher than its current price of $57.28.
The Top Dividend-Growing Healthcare and Industrials Stocks
The sector has seen the weakest growth in its top and bottom lines due to uncertainty in terms of sector reforms.
The Top Dividend-Growing Financial Sector Stocks
Mercury General (MCY) has consistently recorded revenue growth since fiscal 2011, except for a minor decline in fiscal 2015
Consumer Discretionary: Which Are the Top Dividend Growers?
Consumer Discretionary Select Index sales, earnings, and dividends have grown at a CAGR (compound annual growth rate) of 6%, 7.2%, and 10.7%, respectively between 2012 and 2017.
Why Oil Prices Could Plunge
The US oil rig count rose by seven to 763 in the week ended July 7, 2017. This was the rig count’s highest level since April 10, 2015.
Best Buy Stock Falls: Amazon’s Competing with Geek Squad
Best Buy (BBY) stock fell 6.3% on July 10, 2017, in reaction to news of Amazon’s (AMZN) new service that will compete with Best Buy’s Geek Squad.
RSI Levels Have Fallen: Will Miners Rebound Soon?
Gold and silver-based funds such as SGOL and SIVR are impacted by changes in precious metal prices. They fell due to the fall in precious metals on Friday.
Analyzing Hedge Funds’ Net Long Position on US Crude Oil
Hedge funds increased their net long positions in US crude oil futures and options by 16,345 contracts to 149,951 contracts on June 27–July 4, 2017.
A Look at Allergan’s Performance in 2Q17
Allergan Headquartered in Dublin, Ireland, Allergan (AGN) is a leading pharmaceutical company focused on generic and specialty pharmaceutical products. The company has divided its business into three segments: US Specialized Therapeutics, US General Medicine, and International. Stock price performance Allergan’s stock price has risen ~1.4% in 2Q17, and 15.0% year-to-date as of July 7, 2017. […]
How Bristol-Myers Squibb Stock Has Performed in 2Q17
A look at Bristol-Myers Squibb Headquartered in New York City, Bristol-Myers Squibb (BMY) is an American pharmaceutical company that develops innovative medicines in various therapeutic areas, including cardiovascular, neuroscience, immunoscience, oncology, and virology. Stock price performance While Bristol-Myers Squibb’s stock price has risen ~3.8% in 2Q17, it had fallen ~5.4% year-to-date as of July 7, […]
Novartis Stock in 2Q17: How Has It Performed?
A look at Novartis Headquartered in Basel, Switzerland, Novartis (NVS) is a pharmaceutical company specializing in the research, development, manufacturing, and marketing of a broad range of healthcare products, mainly pharmaceuticals. The company has segregated its business into three segments: Innovative Medicines, Sandoz (generic), and Alcon (eye care). Stock price performance Novartis’s stock price has […]
Dividend Growth of Seagate Technology and Garmin
Garmin (GRMN) recorded three-year annualized growth of 5.3%, and its five-year annualized growth fell ~1%. Its growth dipped ~24% in 2016.
US Distillate Inventories Fell for the Second Straight Week
The EIA reported that US distillate inventories fell by 1.8 MMbbls (million barrels) or 1.2% to 150.4 MMbbls on June 23–30, 2017.
IBM’s Dividend Growth Curve
For IBM (IBM), 1Q17 marked the 22nd year of annual dividend growth despite being the 20th successive quarter with no revenue growth.
Dividend Growth for Qualcomm and Crown Castle International
Qualcomm (QCOM) recorded a year-over-year decline in revenues for 2Q17 after growth in the preceding quarter.
Charts in Focus: Dividend Growth of Telus and Nielsen Holdings
Telus Corp. (TU) recorded five-year annualized growth of 11%. However, it recorded three-year annualized growth of ~2%.
Oil Rigs: Will Oil Prices Rise More?
On June 23–June 30, the US oil rig count fell by two to 756. The fall was marginal, but it was the first fall after rising for 23 consecutive weeks.
A Freight Growth Summary for Canadian Pacific Railway in Week 25
In this article, we’ll take a look at Canadian Pacific Railway’s (CP) overall traffic. The company’s overall freight traffic also consists of its intermodal volumes.
Can the Natural Gas Inventories Spread Rescue Natural Gas Bulls?
In the week ended June 23, 2017, natural gas inventories were at 2,816 Bcf (billion cubic feet)—46 Bcf more compared to the week earlier.
Diving into Kansas City Southern’s Week 25 Intermodal Data
Kansas City Southern’s (KSU) total intermodal traffic in terms of containers and trailers rose 10.6% in the week ended June 24, 2017.
How Precious Metals’ Slump Dragged Mining Shares and Funds Lower
Gold tumbled to an eight-week low on July 3, 2017. Gold futures for August delivery fell almost 1.9% to settle at $1,219.2 per ounce.