Late-Day Trading and Close
Market: will come close to another triple-digit gain in the Dow Jones. Closed up 92 points, to 20,504.
Apple shorts getting squeezed: story here.
Apple shorts getting squeezed: story here.
NYSE:
- new highs, 197: Fiat Chrysler, Raytheon,
- new lows, 9.
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Mid-Day TradingMarket up an astounding 50 points (Dow Jones) after two consecutive record-setting days.
Apple continues to melt up.
General Motors is considering exiting Europe; could sell Opel division.
Noble to double CAPEX in 2017.
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Market Opening
EVs: China's electric vehicle market hits the skids, in The Wall Street Journal.
Market opening: flat, but mid-morning, the Dow is down about 30 points.
WTI: up slightly; at $53.43.
US gasoline exports, from Downstream Today:
- US gasoline exports hit a record in November, 2016 (most recent month data is available)
- US gasoline to: Latin America, West Africa, and Asia
- unusual amounts of gasoline has been moved from PADD1 -- the east coast region; NY harbor
- but unusual cargo movements out of the US East Coast has not been limited to gasoline
- distillates to Europe
- distillate exports from the region are not unprecedented, but Europe's refineries rely on drivers in West Africa and the US East Coast to consume their gasoline
- overall, the US energy revolution appears to be a real threat to Europe. When the EU can least afford it, it seems
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Future Astronaut?
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