| 5/10/2016 | 05/10/2015 | 05/10/2014 | 05/10/2013 | 05/10/2012 | |
|---|---|---|---|---|---|
| Active Rigs | 27 | 84 | 192 | 184 | 207 |
RBN Energy: update on CBR.
Investopedia: update on Tesla. Investopedia/Barclay's -- not gonna happen; Tesla in reverse.
Reuters: update on Saudi Aramco IPO. I track the IPO here.
Enough already: Uber, Lyft driven out of Austin.
Trending now:
In an appearance on BloombergTV yesterday, Bank of America Merrill Lynch Head of U.S. Equity & Quantitative Strategy Savita Subramanian warned of a "vortex of negative headlines" coming in June that could soon push the S&P 500 to 1,850—back near February lows. Among the factors she cited are the upcoming 'Brexit' vote, the June decision from the Federal Reserve, and the U.S. election.US market now: Dow surges almost 200 points; oil up slightly. Let's see, going back to "trending now:
- Brexit ends up being a non-story: Brexit -->Bremain.
- Fed: at most, one rate increase this year; when it happens, market swoons for a couple of days; then recovers nicely
- US election: really?
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