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The Organization of the Petroleum Exporting Countries decided to reduce the oil production to decrease the oil surplus.
The S&P 500 made new highs this week, as did the NASDAQ, the Russell 2000 and the MSCI World Index. But the Dow Jones Industrials (DJI)...
The markets peaked early this week with the S&P 500 joining the Dow Jones Industrials (DJI) in making new all-time highs.
Oil prices dropped under $45 and gold and gold stocks withered as well. The major stock markets may have been rather boring this past week but...
It was surprising how little the market changed over the past month. If there was a surprise it was the US$ falling and gold falling. Both...
OPEC wanted to cut production because oil prices had remained stubbornly low, which cut revenue. But when members sell fewer barrels of oil, they obviously limit...
The London FTSE faded along with the Brexit. The Brexit was triggered with great fanfare but the EU immediately stuck a wrench in it. The Brexit...
Gold also hit the 200 day MA before turning down. The drop since then has been swift driven by fear that the Fed is about to...
Anti-globalization, anti-immigrant parties are leading in France (Marine Le Pen) and Netherlands (Geert Wilders). In Germany, Angela Merkel’s party could be in trouble but more from...
Oil prices jumped roughly $5.00 following initial reports of the agreement and have spent the past few weeks consolidating in a relatively tight range from roughly...