The Club’s top 10 things to watch Friday, May 22 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stocks are poised to extend yesterday’s gains. Oil is slightly higher on Iran war peace deal uncertainty, but bond yields are not following the similar patten and are lower. Stocks…
My top 10 things to watch Thursday, May 21 1. Stock futures are lower this morning. Why? Look no further than oil prices and Treasury yields. Both are higher after a reprieve yesterday. U.S. benchmark WTI crude is back above $100 a barrel. The 10-year yield is around 4.6%. Oil is back in control. Real…
My top 10 things to watch Monday, May 11 1. Usual oil price rally of 2%, which is standard now. Stocks are flat. Maybe that’s what makes this such a standoff. U.S. refineries are now processing 16.3 million barrels per day (bpd) of crude, up from the average 13.5 million bpd. This is unsustainable, but…
My top 10 things to watch Monday, April 20 1. Stocks are headed for a lower open, and oil prices are higher this morning as tensions reignite in the Strait of Hormuz. The U.S. seized an Iranian commercial ship that tried to evade the Navy blockade. Iran’s brief reopening of the strait Friday capped off…
My top 10 things to watch Friday, April 17 1. The S & P 500 is headed for a higher open this morning after Iran declared the Strait of Hormuz open to commercial traffic during the Israel-Lebanon 10-day ceasefire. Oil prices sank more than 9%. President Donald Trump said the U.S.-Iran war “should be ending…
My top 10 things to watch Monday, April 13 1. Dow futures are down almost 500 points this morning and WTI crude is back above $100 a barrel after President Donald Trump said the U.S. would implement a blockade of the Strait of Hormuz. Peace talks between Washington and Tehran were unsuccessful this weekend. I…
My top 10 things to watch Friday, March 20 1. Stock futures are down this morning as oil works its way back up after a brief move lower on Thursday. The major averages are pacing for their fourth losing week in a row, with the S & P 500 and Dow down 0.4% and 1.2%,…
My top 10 things to watch Monday, March 9 1. No end in sight to Iran war: Oil is surging again this morning, with both U.S. benchmark WTI and global standard Brent trading in the low-to-mid $100s a barrel. The Financial Times reported that G7 officials are discussing tapping their strategic oil reserves, which helped…
My top 10 things to watch Wednesday, March 4 1. Stock futures are pointing to a solidly higher open this morning, in contrast to yesterday’s sharp declines. The volatility of Tuesday’s session is another reminder of why investors shouldn’t flee in fraught geopolitical moments. 2. Oil gave up earlier gains and is now lower, with…
My top 10 things to watch Wednesday, Feb. 18 1. Meta commits to buying millions of Nvidia chips for its AI data centers. It’s kind of like the old days when all of the hyperscalers clamored for Nvidia’s chips. The long knives had been out for Nvidia, but shares added almost 2% this morning. Meta was flat….
