Iran says sanctions will push oil to $250
Comments »Copper Traders Get Bullish; Fist Feeling of Hope Since October
Crack Spreads Roared Higher Today
+9.8% to $14.83
Comments »FLASH: COPPER IS UP NEARLY 7%
Risk on.
Comments »FLASH: Gold Rallies on Central Bank Action
Gold is rallying by 1.8%, as free money floods the world banking system.
Comments »The U.S. is Close to Being a Net Exporter of Petroleum Products for the First Time in 62 Years
Crack Spreads Edge Higher
The Bow Tie Expects a Correction in Gold
Rogers will be extremely excited if gold corrects near $1200. He still owns gold and will not sell, but look for an opportunity to add. He also stated he owns the dollar.
Comments »Birinyi Still Likes the Market
L.B. was incredibly bullish when the world was unraveling in early ’09 into 2010.
Last year he says he was up 16%. His picks did well.
He is still constructive on the markets and feels the bears are full of opinion. Technically the markets have room to rally, but you’ll have to be a better stock picker.
Birinyi likes the following compaies: BLK, GM, PBCT,RMS, FP, RIMM
Comments »321 Crack Spreads Soaring; Does It Matter After Such a Debacle ?
A Global Bull Market in Commodities Continues to Outpace Equities
BREAKING: SILVER CATCHES A BID
EIA report lower crude, higher gasoline inventories
Here’s the excerpt from squawkbox on the EIA crude oil inventories report:
Summary is a 6.2 million drawdown in crude oil with a 4.5 million build in gasoline.
Comments »welcome back to squawk on the street. numbers are out for inventories and it’s a mixed report. bigger than expected draw down when it came to crude, down 6.2 million barrels but we also saw a bigger than expected build in gasoline similar to the apis last night of nearly 4.5 million barrel build in gasoline. overall, though, the energy markets, commodities overall, under pressure this morning with that disappointing bond auction in germany, disappointing pmi data coming out of china earlier, coming in with a reading of 48 which would say a little contraction in manufacturing there, so that already had this market worried. jpmorgan downgrading commodities but investors seem to be doing that on their own. we’ll get the eai invin tone for nat gas a little later today. thanks. some stories we’re squawk
Crack Spreads Edge Higher
+.56% to $16.56
Comments »JPM Rates All Commodities a SELL
CRACK SPREADS ROARED TODAY
+8.9% to $16.46
Comments »FLASH: Crack Spreads Rise
+3.88% to $15.69.
Comments »Oil Moves Higher on Proposed Sanctions on Iran
Gold Jumps 17% As Sovereign Debt Fears Mount
FLASH: Crack Spreads Soar
+10% to $15.85.
Comments »
