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Emerging Markets and U.S. Oil Independence Serve as Major Catalysts for Energy Investors

The Energy Report | Equities.com |

With 400 million more people set to get on the grid in India alone, smart investors will profit from new demand for all kinds of energy. In this interview with The Energy Report, Frank Holmes and


Patterson UTI (PTEN) Jumps on Impressive Horizontal Rig Count

Michael Teague | Equities.com |

Shares for Patterson-UTI Energy Inc. (PTEN) were trading 5 percent higher on Friday, on news that the oil and gas drilling and exploration company had some 190 rigs operating in the US and


Baker Hughes Report Suggests Increasing Importance of Natural Gas

Michael Teague | Equities.com |

The number of rigs drilling for energy resources in the US increased just barely with one new platform added this week, according to the oilfield services firm Baker Hughes (BHI) . But this


Oil & Gas Drillers Jump On Higher Prices, Lower Stockpiles

Michael Teague | Equities.com |

Oil & gas drilling and exploration stocks were a dominant force in the basic materials sector by midday trading on Thursday, after the US Energy Information Administration released data


5 Big Name Companies with Exceptionally High Short Interest

Joe Goldman | Equities.com |

A stock’s short interest is the percentage of outstanding shares that are sold short, and essentially serves as a sentiment indicator. A high short interest means that many traders are placing


Equities Sector Coverage: Stocks Drop on Bernanke Comments But Close Flat

Sector Recap | Equities.com |

The Dow Jones Industrial Average rebounded to 13,329.44 then consolidated during Fed Chief Bernanke’s press conference dipping into the red at 13,239.65 but staying above its 50-day and 200-day


Equities Sector Coverage: Washington Optimism Pushes Up Wall Street

Sector Recap | Equities.com |

New Home Sales for October slipped 0.3% to an annual rate of 368,000 units, way below expectations. The average selling price was $237,700 up 5.7% year over year. The inventory of new homes rose


Equities Sector Coverage: Stocks Recover in Late Move Up

Sector Recap | Equities.com |

The S&P/Case-Shiller Home Price Index rose 1.3% in April versus March, but was down 1.9% year over year. The Conference Board Consumer Confidence Index for June fell to 62.0 the lowest level


Equities Sector Coverage: Wall Street Moves Higher on Improving Data

Sector Recap | Equities.com |

Initial Jobless Claims rose to 388,000 moving further above the 350,000 recessionary threshold. The Dow Jones Industrial Average rallied to a day’s high at 13,227.82 going into the final half


Equities Sector Coverage: Stocks Move Higher to Test Key Resistance Level

Sector Recap | Equities.com |

The Dow Jones Industrial Average rallied to 12,887.93 going into the final hour of trading. The NASDAQ traded up to 2930.13 then declined to 2913.89 before rebounding to a day’s high going into


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