Capital Markets

Historic plunge in oil to NEGATIVE $37, WTI!?!?

Historic plunge in oil to NEGATIVE $37, WTI!?!?

Oil & Gas 360


Historic plunge in oil to NEGATIVE $37, WTI!?!?
A Red Herring… For Most, For Now.

How Can Prices Go Negative? That doesn’t make sense.

You’re correct- it doesn’t make a whole lot of sense unless you …

Source: Reuters

Big Oil investors to look past earnings pain and focus on dividends

Reuters


LONDON/HOUSTON – Investors already braced for poor first-quarter earnings from major oil and gas companies next week will focus on how executives plan to save cash and whether they will cut dividends following the collapse in oil prices.

The …

Source: CNBC

Since 2000, here’s where Dow, S&P 500 trade one month after wild moves in energy

CNBC


It may seem like ancient market history already, but last Friday the S&P 500 energy sector surged by more than 10%. By Monday the unprecedented drop in oil futures had sent a barrel of crude into negative territory, which …

The 360 Digital Closing Bell Look Back – 4-24-2020

The 360 Digital Closing Bell Look Back – 4-24-2020

Episode #10. The 360 Digital Bell Look Back Report. Michael Tanner, the Host of the closing bell, covers what happen for during this week; the good the bad and the homely. We cover the article by David Forsberg on the

The 360 Digital Closing Bell Look Ahead– 4-20-2020

The 360 Digital Closing Bell Look Ahead– 4-20-2020

The 360 Digital Bell Look Ahead Report. Michael Tanner, the Host of the closing bell, covers what could happen this week; the good the bad and the homely. We cover the wild week ahead, and get your crayons ready to

Source: CNBC

Oil falls on weak economic data, demand concerns

CNBC


Oil prices fell on Friday as news of President Donald Trump’s plans to ease the U.S. coronavirus lockdown to get the American economy moving again were quickly overshadowed by China’s worst quarterly economic contraction on record.

U.S. crude for …

Bank of America survey shows highest cash positions since 9/11 attacks, demand for end to buybacks

Bank of America survey shows highest cash positions since 9/11 attacks, demand for end to buybacks

CNBC


Professional investors are heading for the sidelines while demanding that companies stop using their cash to buy back stocks and instead improve their balance sheets.

The Bank of America Global Fund Manager survey for April reflects the large level …

April 14, 2020 - 2:00 pm Capital Markets, Closing Bell Story‎, Finance
Source: CNBC

Coronavirus-earnings season: What to expect as companies begin to report Tuesday

CNBC


JPMorgan Chase kicks off earnings season on Tuesday. The bad news: Short-term guidance will be very ugly.

 But there’s some good news:

 1) The Securities and Exchange Commission has told corporations that this earnings season is not routine and
April 13, 2020 - 2:00 pm Capital Markets, Closing Bell Story‎, Earnings, Economy, Finance
The 360 Digital Closing Bell Look Ahead– 4-13-2020

The 360 Digital Closing Bell Look Ahead– 4-13-2020

The 360 Digital Bell Look Ahead Report. Michael Tanner, the Host of the closing bell, covers what could happen this week; the good the bad and the homely. We cover the wild week ahead, and get your crayons ready to

The 360 Digital Closing Bell Look Back – 4-10-2020

The 360 Digital Closing Bell Look Back – 4-10-2020

The 360 Digital Bell Look Back Report. Michael Tanner, the Host of the closing bell, covers what happen for during this week; the good the bad and the homely. We did good on some of our predictions

 

Some of

Source: CNBC

Data from investor Howard Marks shows why there may be another drop in stocks coming soon

CNBC


This comeback rally for stocks won’t last, if history is any indication.

Data compiled by investor Howard Marks shows that, during the two previous bear markets, the first big comeback rallies have been followed by sharp declines until a

April 8, 2020 - 2:00 pm Capital Markets, Closing Bell Story‎, Economy, Finance
Source: CNBC

Market bounce is an ‘aftershock’ with ‘pretty horrific’ earnings to come, Citi analyst says

CNBC


Global stock markets have started this week with a bounce, as hopes that the coronavirus pandemic may be peaking drove investors back into risk assets following a historic downturn.

However, Citi strategists have suggested that the rally is nothing …

Source: CNBC

JAMIE DIMON WARNS: We’re getting a ‘bad recession’ plus ‘financial stress’ like the 2008 crisis

CNBC


JPMorgan Chase chief Jamie Dimon said Monday he expects the coronavirus crisis to include a “bad recession” and elements of financial strain similar to the 2008 downturn.

The chairman and CEO of the biggest U.S. bank said that while

April 6, 2020 - 3:00 pm Capital Markets, Closing Bell Story‎
The 360 Digital Closing Bell Look Ahead– 4-6-2020

The 360 Digital Closing Bell Look Ahead– 4-6-2020

The 360 Digital Bell Look Ahead Report. Michael Tanner, the Host of the closing bell, covers what could happen this week; the good the bad and the homely. We cover the wild week ahead, and get your flight suit on

3 Utilities to buy while others are fearful

3 Utilities to buy while others are fearful

360 Feedwire


Wall Street fell into a bear market in just a few weeks and then bounced back in just a few days, jumping by more than 20% in record time. And now stock prices are falling again. To suggest …

April 5, 2020 - 6:28 pm Capital Markets, Energy News, Finance, Press Releases
Shares Fall To End the Week As Coronavirus Hammers Jobs and Economy

Shares Fall To End the Week As Coronavirus Hammers Jobs and Economy

360 Feedwire


The stock market’s first reaction to Friday’s stunningly bad jobs report was to take it in stride. But Wall Street slid through the day as investors looked ahead to the likelihood that even worse numbers are on the …

April 4, 2020 - 5:20 am Capital Markets, Crude Oil News, Economy, Finance
The 360 Digital Closing Bell Look Back – 4-3-2020

The 360 Digital Closing Bell Look Back – 4-3-2020

The 360 Digital Bell Look Back Report. Michael Tanner, the Host of the closing bell, covers what happen for during this week; the good the bad and the homely. We did good on some of our predictions

 


 

Some

Source: CNBC

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn

CNBC


Global oil storage could reach maximum capacity within weeks, energy analysts have told CNBC, as the coronavirus crisis dramatically reduces consumption and some of the world’s most powerful crude producers start to ramp up their output.

The coronavirus pandemic …

Source: Reuters

Column: Hedge funds trim short oil positions as prices hit crisis point

Reuters


LONDON – Hedge funds began trimming short positions in petroleum last week as crude oil prices fell to crisis levels for some producers and refiners and traders started to anticipate shutdowns at oilfields and refineries.

Extreme high and low …

The 360 Digital Closing Bell Week Ahead – 3/30/2020

The 360 Digital Closing Bell Week Ahead – 3/30/2020

The 360 Digital Bell Week Ahead Report. Michael Tanner, the Host of the closing bell, covers what to look for during this week; the good the bad and the homely.

Some of the key takeaways this week:

 

The oil

The 360 Digital Closing Bell Week Lookback – 3/27/2020

The 360 Digital Closing Bell Week Lookback – 3/27/2020

The 360 Digital Bell Week Lookback Report. Michael Tanner, the Host of the closing bell, Covers what happened during this week; the good the bad and the homely. 

Some of the key takeaways this week: 

  • 10 Million reduction in demand 
Tailwater Capital closes fourth fund with $1.1 billion in total commitments

Tailwater Capital closes fourth fund with $1.1 billion in total commitments

Tailwater Capital


DALLASMarch 26, 2020 /PRNewswire/ — Tailwater Capital LLC (“Tailwater”), a private equity firm based in Dallas, today announced that it has closed Tailwater Energy Fund IV LP (“Fund IV”) with $1.1 billion in capital commitments, …

Source: Houston Chronicle

Exclusive: Capital One got CFTC waiver after oil price plunge increased swap exposure – sources

Reuters


WASHINGTON/NEW YORK – U.S. lender Capital One Financial Corp got a waiver from the Commodity Futures Trading Commission (CFTC) after plunging oil prices increased the bank’s derivatives exposure above a key regulatory threshold, according to two sources with knowledge …

Source: Houston Chronicle

Stocks jump, heading for first back-to-back gain in 6 weeks

Houston Chronicle


NEW YORK (AP) — Stocks are adding to their gains Wednesday as Congress moves closer to passing a $2 trillion package to help the economy deal with damage caused by the coronavirus.

The S&P 500 was up 4.7% …

The 360 Digital Closing Bell Week Ahead – 3/23/2020

The 360 Digital Closing Bell Week Ahead – 3/23/2020

The 360 Digital Bell Week Ahead Report. Michael Tanner, the Host of the closing bell, goes over what to expect this week. We cover how the oil and gas market got to this point and what is just on the

Source: CNBC

Goldman slashes oil forecast, sees US crude at $22 per barrel

CNBC


Goldman Sachs slashed its oil forecast on Tuesday as the COVID-19 outbreak continues to pressure demand.

“Demand losses across the complex are now unprecedented,” Goldman’s global head of commodities research Jeffrey Currie wrote in a note to clients Tuesday. …

Source: CNBC

Based on history, the stock market is pricing in a recession and maybe something more ‘onerous’

CNBC


The market’s blistering sell-off over the last month is so bad that investors have already pretty much priced U.S. stocks as if the economy is headed for a recession, based on a history of past declines around economic downturns

March 16, 2020 - 3:30 pm Capital Markets, Closing Bell Story‎, Finance

Brent Oil Prices Continue Their Fall, Plunging Over 10%

Brent crude oil futures crashed more than 10% in early Monday trading. At $30.56 per barrel (as of 10:25 A.M. EDT), the crucial international benchmark is now at its lowest level in more than four years. Brent prices last fell …

March 16, 2020 - 10:30 am Capital Markets, Crude Oil News, Press Releases
Source: CNBC

Oil drops as much as 8%, on pace for worst week in more than a decade

CNBC


Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on

Market Snapshot: Stock futures slide after Tuesday’s rebound

March 11, 2020 - 4:39 am Capital Markets, Press Releases