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  • The relationship between crude and natural gas has been acting very strangely in the last few months. Quantitatively, we expected a price correction to reduce crude and increase natural gas prices, but that hasn’t happened… yet, writes Stephen Schork.

  • “Sell in May, go away” was one of the old Wall Street adages that went by the wayside last month. Bad news was ignored… good news, or rather, less bad news, was exaggerated, writes Stephen Schork.

  • Week Ahead: Stock Gains May Be Harder to Come By Friday, 29 May 2009 | 9:36 PM ET
    A New York Stock Exchange trader.

    The trend for stocks is higher, yet gains in June may be harder to come by unless economic data perks up.

  • Stocks Gain 4.1% in May; GM Now at 75 Cents Friday, 29 May 2009 | 6:49 PM ET

    Stocks capped a winning month with a 1-percent rally Friday as traders squeezed in a few last-minute trades to close out the month of May.  Investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell ended higher after beating its earnings target. GM ended at 75 cents a share.

  • Stocks Try to Claw Back; GM Below $1 Friday, 29 May 2009 | 3:23 PM ET

    Stocks made another break higher Friday as investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell shot out of the gate after beating its earnings target but other techs were slow to follow. GM fell below $1.

  • Stocks Lose Confidence; GM Below $1 Friday, 29 May 2009 | 11:46 AM ET

    Stocks wobbled Friday as investors were encouraged by a jump in consumer sentiment less-bad GDP report but still remained a bit jittery. Dell shot out of the gate after beating its earnings target but other techs were slow to follow.  GM fell below $1.

  • Schork Oil Outlook: The Bulls Keep Charging Friday, 29 May 2009 | 10:20 AM ET

    The draw in gasoline raised some eyebrows, but there are signs that allow us to be cautiously optimistic, writes Stephen Schork.

  • Futures Rise After GDP Report Friday, 29 May 2009 | 8:55 AM ET

    Stock index futures indicated a higher open for Wall Street Friday after the latest GDP report showed the economic decline began to slow in the first quarter.

  • Stocks Jump Over 1% Amid Relief After Auction Thursday, 28 May 2009 | 5:28 PM ET
    Question Marks

    Stocks ended higher Thursday as crude prices climbed after an inventory pare-down and the results of the Treasury bond auction eased concerns about government debt.

  • Stocks Bounce Back as Crude Prices Climb Thursday, 28 May 2009 | 11:54 AM ET

    Stocks rebounded Thursday as crude prices climbed after inventories were pared more than expected. Stocks had gotten off to a wobbly start as investors juggled a bleak report on new-home sales with any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.

  • Stocks Fall After Housing Report; GM Jumps Thursday, 28 May 2009 | 10:28 AM ET

    Stocks retreated Thursday, after a higher open, as bleak report on new-home sales overshadowed any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.

  • Stocks Rise as Jobless Claims Drop; GM Jumps Thursday, 28 May 2009 | 10:16 AM ET

    Stocks opened higher Thursday after an unexpected drop in initial jobless claims.

  • Green Invests Here | See Complete Coverage

    Spot gasoline is dear. The market is screaming at the refiners to start processing gasoline and sell into the backwardation. Failure to take advantage today and the refiners run the risk of chasing the curve lower as we move out along the x-axis… not to mention they risk of the wrath of media savvy politicians should downstream inaction lead to higher prices at the pump for Americans through this summer and into hurricane season, writes Stephen Schork.

  • Futures Hold Gains as Jobless Claims Drop Thursday, 28 May 2009 | 8:37 AM ET

    Futures held onto gains Thursday after an unexpected drop in initial jobless claims. However, the gains were muted as Dow component P&G slashed its outlook.

  • Oil Outlook: Could OPEC Rhetoric Push Prices to $75? Wednesday, 27 May 2009 | 4:07 PM ET

    The oil market has stopped taking its cues from stocks and the dollar for the moment to focus on what's being said in Vienna ahead of Thursday's OPEC meeting.

  • Investing in Oil Not Plausible Below $70: OPEC Chief Wednesday, 27 May 2009 | 12:54 PM ET

    Investment is not economically plausible below $70 a barrel, OPEC’s Secretary General Abdalla El-Badri told CNBC Tuesday, ahead of Thursday's OPEC quarterly meeting in Vienna.

  • Schork Oil Outlook: Natural Gas Is A Market Pig! Wednesday, 27 May 2009 | 11:21 AM ET

    Yesterday the second-month out July contract eked out a 2.2 cent gain. That is rather pitiful given that residual fuel oil, per the NYMEX 1% NYH swap, was marked 20 cents higher. Despite yesterday’s higher close, July Henry Hub futures have closed lower in 7 out of the last 11 sessions. More importantly, yesterday the contract posted a lower higher and lower low for an eighth straight session, writes Stephen Schork.

  • Saudi Oil Minister: OPEC to Hold Output Steady Tuesday, 26 May 2009 | 7:43 AM ET

    OPEC is unlikely to cut output at its upcoming meeting, Saudi Arabia's oil minister said in comments published Tuesday, as indications mounted that the oil producing bloc would resist a temptation to tighten the taps despite wanting higher crude prices.

  • A New York Stock Exchange trader.

    "It's a 'show me' period, but the expectation is that the data is going to disappoint, as it mostly has for the last few weeks," said Binky Chadha, chief U.S. strategist at Deutsche Bank.

  • Bottom line, nothing changed, i.e. you can’t swing a cat without hitting a molecule of gas in the U.S. In this vein, yesterday’s reaction to the EIA report on the NYMEX is not difficult to reconcile, writes Stephen Schork.

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