Crude Oil News
The glut games – Irina Slav
ENB Pub Note: This article from Irina Slav’s Substack is on point on the oil glut in the news. We recommend following her on her Substack. As we say in Texas, the math ain’t mathing. […]
S&P
Big Oil Companies
Energy Stocks Rally Under The Radar
Big Oil is trumping the Magnificent Seven on the stock market this year in an oil stocks rally that few had expected a few months ago. Energy stocks have outperformed the top tech stocks this […]
Finance
France’s Economy Is Contracting, According To S&P Data The Daily Financial Trends
According to S&P Global data, for the first time in a year and a half, France’s economic output is declining, following in the steps of Germany. S&P Global tracked a gauge of French private sector […]
Finance
Market Metrics Historically Presage A Big Move, Maybe Up, But More Likely Down
As investors try to figure out if the market has reached its bottom, analysts at Jefferies Equity Research & Strategy issued a weekend note in which they pointed out that the recent pace of the […]
The Daily Financial Trends
Tech Stocks Fall As Discretionary Purchases Slow
Stocks extended their losses Tuesday as investor braced for a key inflation report Wednesday, and assessed more earnings reports. The S&P 500 was down 0.4%, as the Dow Jones Industrial Average dropped roughly 0.2%. The […]
ESG
How Russia’s war blindsided the world of ESG investing
Russia’s invasion of Ukraine has exposed a gap in socially-minded investing – a hands-off approach to geopolitics and human rights. Before Moscow sent troops into Ukraine on Feb. 24, Sberbank (SBER.MM), a Kremlin-backed bank already the […]
Finance
Wall Street Narratives Distort Reality; A Deep Recession Is Rapidly Approaching
Top 10 S&P 500 Sell-Offs During First Five Months Numera Analytics Volatility remains the major feature of financial markets. You are correct if you interpret the word “volatility” to include a downtrend in equity prices. […]
Finance
How Long Will The Epic Rally In Energy Stocks Last?
Energy is leading the S&P 500, jumping by 57% YTD. Out of the top ten best-performing stocks in the S&P 500 year to date, nine are energy companies Investors are now trying to predict how […]
ENB Pub Note
Musk’s ESG attack spotlights $35 trillion industry confusion
ENB Publishers Note: “There is no ESG without accountability” – Stu Turley Elon Musk’s rejection of environmental, social and corporate governance (ESG) scores as a “scam” highlights how Wall Street’s hottest investment trend that encompasses […]
Crude Oil News
US oil, gas drilling rig count up four at 603 on stronger Permian activity
HighlightsPermian rigs climb five to 258 Operators eye growth in basin Gas rigs just 5% below pre-pandemic levels The US oil and gas rig count climbed four to 603 in the week ended Aug. 4 […]