Following are the day’s biggest winners and losers. Find out why shares of Sprint and Data Domain popped while U.S. Steel and Mosaic dropped. Read More
Highlighted by a 5-week low in crude oil today, the weakness in the commodity complex and the subsequent mid to high single digit declines in commodity stocks this afternoon have been in-focus all day. After a significant rally from March to June, commodity stocks continue to add to their recent sell-off with today’s declines. Read More
Is the rally over for the year? Not likely, but there is good reason for a pause. The World Bank taking down global growth rates goes to the core argument of the bears: that the economic recovery (and earnings recovery) will not live up to expectations. Read More
Posted By:Stephen Schork, Editor, The Schork ReportCNBC Guest Blog
While crude oil has rallied, natural gas has stumbled. Therefore, the models suggested a reasonable probability existed that natural gas would either “catch up” to crude oil or that crude oil would regress to natural gas, writes Stephen Schork. Read More
Futures popped a few points as continuing claims for unemployment recorded its first weekly drop since January. While last week was a record high (about 6.8 m), this at least is a step in the right direction. Read More
We are now entering the "let's get real" phase of the commodity runup. Recall that commodities and commodity stocks have outperformed the overall markets since March on 1) the weak dollar, and 2) strong buying of commodities by China, which prompted momentum buying from speculators. Read More
Ron writes,"US Steel has had a real fast run up the last two weeks. Do you think the steel companies will continue to climb? Or is this a good opportunity to sell short?" Read More