Despite a production downgrade for 2013 most brokers think Santos has what it takes to deliver big from 2014/2015.
Wall Street swung wildly last night as positive US jobs data sparked confusion over how to respond. Dow down 24. (Accessible only for subscribers before 10:15 AEDST)
Selling on Wall Street accelerated last night ahead of the upcoming jobs numbers and their monetary policy implications. Dow down 94. (Accessible only for subscribers before 10:15 AEDST)
Both Wall Street and Bridge Street appear to be shifting into profit-taking mode after a positive year. Dow down 77. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
With US markets shut for Thanksgiving, global markets remained subdued last night. (Accessible only for subscribers before 10:15 AEDST)
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Big Oil and private equity are moving into oil & gas in the highly prospective Alaskan wilderness and ASX-listed Rampart Energy offers high reward potential for those with a risk appetite.
Jonathan Barratt of Barratt’s Bulletin suggests that between tepid demand growth, growing shale supply and exports soon to recommence from Iran and Libya, the only way for the oil price is down.
Wall Street ended a quiet session slightly higher ahead of tonight’s holiday. Dow up 23. (Accessible only for subscribers before 10:15 AEDST)
Late selling took Wall Street back to square last night although the Nasdaq did finally breach 4000. Dow flat. (Accessible only for subscribers before 10:15 AEDST)