Oil was crushed about 8.5% yesterday following a rise in inventories.  As noted oil just had its biggest gain in six years, gaining 19.5% in four days for a myriad of reasons including a vastly oversold market, lower rig count and statements from OPEC suggesting...

Friday the Greece finance minister stated it will not seek an extension of its bailout agreement declaring “we don’t plan to cooperate with that [Troika of the official creditors] committee.” If neither the ECB nor Greek blinks as the ECB has adamantly stated Greece is...

I am happy to see January over.  It was a tough month, in my view one of the toughest months since 2008-09.  Was January the culmination of difficult 7 or 8 months for as I look backwards, April or May was the last time the...

Several times during the past several weeks rhetorically asked how the rising dollar will impact results, conjecturally answering if history is of any precedence, negatively.  Yesterday this conjectural question and rhetorical answer became reality.  The rising dollar has impacted earnings, an impact that I don’t...

Last week was one of significance given the action by the ECB.  Tomorrow is the commencement of the two day FOMC meeting where many are expecting the US central bank to offer more guidance regarding the time table of a change in US monetary policy. ...