Just hours before the November 30 Vienna OPEC meeting, whose outcome sent the price of oil soaring, Gartman had a recommendation: "we are short of crude oil from yesterday; we’ll have stops on those.. Zero Hedge
Dave Lutz, head of Exchange Traded Funds at JonesTrading, has a brief overview of what's happening in markets:
· US stock futures are slightly higher at the end of a strong week for the market. At.. Business Insider
Dec.12 -- T. Boone Pickens, chairman and chief executive officer at BP Capital, discusses the possibility of Exxon Mobile chief Rex Tillerson being chosen as the new Secretary of State and his outlook.. Source: Bloomberg Technology -
Dec.12 -- T. Boone Pickens, chairman and chief executive officer at BP Capital, discusses the OPEC production cut deal and his outlook for oil prices. He speaks to Bloomberg's Scarlet Fu and Joe.. Source: Bloomberg Global Business -
Oil prices jumped to their highest in almost a year and a half on Monday after Saudi Arabia said it may cut its output even more than it had suggested at last week’s OPEC meeting.
That added to.. Source: euronews (in English) -
Dec.12 -- Stephen Isaacs, chairman of the investment committee at Alvine Capital, discusses OPEC's oil production cut deal, the Saudi Aramco IPO and when he sees balance happening in oil markets. He.. Source: Bloomberg Global Business -
Submitted by Nick Cunningham, via OilPrice.com,
OPEC succeeded in* pulling off what many thought was impossible*, overcoming mutual disdain and mistrust to reach a deal on reducing its oil output... Zero Hedge
Global stocks extended the longest winning streak since September, with Asia up 0.8% and Europe rising 0.7% while bonds and credit markets strengthened amid hopes that the European Central Bank will.. Zero Hedge
Blink, and you missed the "sell off" from Italy's failed referendum vote.
In the initial hours after yesterday's vote which has cost Italy's PM his job and ushered in a period of political limbo and.. Zero Hedge
With the last traces of the Trumpflation rally still noticeable, US equity inflows continued last week as positive economic data surprises rose to a 4-year high. Inflows into US equities ($4.4bn).. Zero Hedge
In years to come markets may well look back at the month just passed as one of the most pivotal in recent memory, at least that's the assessment of DB's Jim Reid. The US election result just over 3.. Zero Hedge
Did Jeff Gundlach do it again? Shortly after the DoubleLine manager told Reuters yesterday afternoon that the Trump rally is ending, that "stocks have peaked" and that it is "too late to buy the Trump.. Zero Hedge
Submitted by Tom Luongo via PlanetFreeWill.com,
The Syrian Arab Army (SAA) has essentially reclaimed the city of Aleppo in the past couple of days. *The failure to break the siege from the.. Zero Hedge
Going into the Algiers OPEC meeting in late September, the prevailing sentiment among the analyst community was that there is no way any deal will get done: after all there was no secret that the.. Zero Hedge
Gartman has done it again, and luckily, the following "advice" does not require much in terms of commentary. It was, as Gartman might perhaps say, to be expected in self-explanatory terms.
From.. Zero Hedge
OPEC finally agreed to cut output during its meeting in Vienna on Wednesday.
This marks the cartel's first cut since 2008 and reverses its two-year strategy of pumping as much oil as.. Business Insider
Crude oil explorers and producers were the biggest gainers on the benchmark S&P 500 index on Tuesday.
Their stocks gained amid reports that the Organization of Petroleum Exporting Countries.. Business Insider
Stocks are turning in a mixed performance in morning trading on Wednesday as traders keep a close eye on the OPEC meeting in Vienna. While the Dow and the S&P 500 have reached new record intraday.. RTTNews
With traders keeping a close eye on the OPEC meeting in Vienna, stocks may experience some choppy trading on Wednesday. The major index futures are currently mixed, with the Dow futures up by 41 points.. RTTNews
*Ulster Bank Parent RBS Fails Bank of England Stress Test*
"Royal Bank of Scotland (RBS)(RBS.L) will cut costs and sell assets to boost capital levels, it said on Wednesday after failing this.. Zero Hedge
European, Asian stocks rise as do S&P futures as OPEC ministers gathering in Vienna appeared to be set to announce a deal to cut oil production and prop up global prices. Oil has surged over 7% as a.. Zero Hedge
1. High hopes for OPEC: Oil prices are surging by roughly 5% based on expectations that some of the world's biggest oil producers will agree to cut output during a Wednesday OPEC meeting in Vienna. CNNMoney