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uncledad

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Member since: Tue May 13, 2014, 06:50 PM
Number of posts: 5,342

Journal Archives

DOW 25538

Previous close 25340. 52 wk high 26951. 52 wk low 23344. Low of the day 25250.

NASDAQ : 6949 ▲

S&P : 2760 ▲

Soybeans : 8.93 ▲

DOW 25340

Previous close 25353. 52 wk high 26951. 52 wk low 23344. Low of the day 25202.

NASDAQ : 6897 ▼

S&P : 2738 ▼

Soybeans : 8.89 ▼



DOW 25353. Popped 600 to the upside.

Previous close 24748. 52 wk high 26951. 52 wk low 23344. Low of the day 24832.

NASDAQ : 6911 ▲

S&P : 2743 ▲

Soybeans " 8.91 ▲

Santa has arrived!!

Markets are having a good day.

DOW 400+ NASDAQ 100+

DOW 24714

Previous close 24640. 52 wk high 26951. 52 wk low 23344. Low of the day 24416.

NASDAQ : 6694 ▲

S&P : 2681 ▲

Soybeans : 8.77 ▲

On the plus side for the day.

Energy companies lose $1 trillion in value as crude price plummets

Crude prices in New York commodity markets slid more that 25 percent during that period, from a recent peak above $76 a barrel to less than $56, and took oil and gas stock prices with them. Energy stocks included in the S&P 500 Index shed nearly $240 billion in value during those 40 days; Exxon Mobil shareholders alone lost almost $35 billion on Wall Street. Norwegian research firm Rystad Energy estimates oil and gas firms worldwide lost about $1 trillion in asset values — almost a quarter of their worth.

http://www.leap2020.net/newsletter/lt.php?id=Lh8GBwtYTwxVXh4DAAAABA

Will the Saudi / OPEC cut production?

Saudi Arabia’s crude oil exports hit their highest in 20 months in September, according to data by the Joint Organisations Data Initiative (JODI) database, which collects self-reported oil figures from 114 countries. The Kingdom’s production in early November appears to have hit the highest on record, on the back of high customer requests made in early October when the market feared a hefty loss of Iranian supply this month, industry executives tracking Saudi output told Bloomberg last week.

https://www.reuters.com/article/us-saudi-crude-output/saudi-arabia-pumps-record-amount-of-oil-as-trump-piles-on-pressure-idUSKCN1NV12L?rpc=401&

DOW 24640

Previous close 24292. 52 wk high 26951. 52 wk low 23344. Low of the day 24364

NASDAQ : 6678 ▲

S&P : 2673 ▲

Soybeans : 8.63 ▼

Thanksgiving rally.

Navy and Marine Corps to purchase improved barrier defeating 5.66mm ammunition

Nov. 21 (UPI) — Federal Cartridge Co. is being awarded by the Navy $41.2 million for MK 318 MOD 0 5.56mm barrier ammunition for M4 and M4A1 carbines.

This ammunition is designed to penetrate light cover such as vehicle windshields and doors while still maintaining terminal performance. The contract is expected to be fulfilled by November 2023 and falls under Navy and Marine Corps procurement funding.

The MK 318 MOD 0 round has been tested and procured by the Marine Corps to address complaints concerning the penetration abilities of standard 5.56mm ammunition like the M855, which has shown relatively poor performance in shorter barreled carbines like the M4.

The barrier ammunition is a 62 grain jacketed round designed for use in carbines with 14-inch barrels while maintaining terminal effects after passing through light obstructions. The purchase is meant to supplement and not supplant.

https://www.factsbehindsnews.com/2018/11/21/navy-and-marine-corps-to-purchase-improved-barrier-defeating-5-66mm-ammunition/

DOW 24292

Previous close 24503. 52 wk high 26951. 52 wk low 23344. Low of the day 24268.

NASDAQ : 6535 ▼

S&P : 2632 ▼

Soybeans : 8.81 ▼

Short session.

DOW 24503

Previous close 24421. 52 wk high 26951. 52 wk low 23344. Low of the day 24470. 24669 was the high today.

NASDAQ : 6586 ▲

S&P : 2651 ▲

Soybeans : 8.85 ▲

Dropped of at the end of the day. Up for the day.
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