Energy

Drillsearch’s share price has taken a bit of a hit this month but brokers see a buying opportunity with resumption of wet gas production.

It came as a shock to Wall Street that the US economy actually contracted in the fourth quarter, but not too much of a shock. Dow down 44. (Accessible only for subscribers before 10:15 AEDST)

As the Dow rapidly closes the gap to 14,000, all talk on Wall Street is to whether US stocks have shot up too far, too fast. Dow up 72. (Accessible only for subscribers before 10:15 AEDST)

The outlook for LNG, while clouded, looks positive, while brokers are growing increasingly concerned about the tax burdens on miners.

The Nasdaq looked ugly, but the S&P split the difference of another up-day for the Dow on solid data. Dow up 46. (Accessible only for subscribers before 10:15 AEDST)

BHP may exceed production guidance in the medium term but with commodity prices subdued, cost reduction is the next challenge.

Buru Energy is packaging a lot of oil and gas potential in the Canning Basin and Macquarie has initiated coverage.

Following another earnings report-driven up-day, traders are catching glimpses of the all-time highs through the clouds. Dow up 66. (Accessible only for subscribers before 10:15 AEDST)

The Bank of Japan played the compromise card yesterday while Wall Street begins to feel giddy in the rarefied air. Dow up 62. (Accessible only for subscribers before 10:15 AEDST)

This week ATW’s Jerry Simmons suggests a pullback for the S&P 500 is on the cards and the same is true for crude oil.