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Precision Drilling Corporation Announces Voting Results From the 2019 Annual and Special General Meeting of Shareholders

CALGARY, Alberta, May 03, 2019 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision”) held its 2019 Annual and Special General Meeting of Shareholders in Calgary on May 3, 2019.  A total of 198,726,879 shares (approximately 67.64% of the outstanding common shares) were represented i ...

Foraco International Reports Q1 2019

TORONTO and MARSEILLE, France, May 3, 2019 /CNW/ – Foraco International SA (TSX:FAR) (the “Company” or “Foraco”), a leading global provider of mineral drilling services, today released its unaudited financial results for the first quarter 2019. All figures are expressed in US Dollars (US$ ...

The Weekly Outlook

After an exciting week where the market made new closing highs, Monday morning saw a push to new intraday all-time highs on the $COMPQ and the $SPX.  A few things about last week got my attention. Firstly, there was a rotation into some of the defensives. Even with the big tech earnings last ...

Trump’s Iranian decision basically ended the OPEC+ production cuts

The Easter holiday weekend continues in Europe, but it is anything but calm.  It is all about oil this morning.  Roughly an hour before the US open, Secretary of State Pompeo confirmed reports that President Trump will no longer grant exemptions on waivers for Iran oil sanctions.  The news wa ...

Tech Talk for Tuesday April 9th 2019

Pre-opening Comments for Tuesday April 9th U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade. Apple (AAPL $200.10) is expected to open higher after Wedbush raised its target price to $225 from $215. Walt Disney (DIS $114.96) added $0.91 to ...

Big Changes in the Big Picture Charts - 2019-04-06 Weekly Market Roundup

This week, I had the pleasure of attending the annual CMT Association symposium in NYC, where I was reminded of how many superb people there are in the industry. With that all wrapped up, this article will be a combination of a meeting review and market analysis. This conference is one whe ...

Weekly Market Roundup: Big Changes in the Big Picture Charts

This week, I had the pleasure of attending the annual CMT Association symposium in NYC, where I was reminded of how many superb people there are in the industry. With that all wrapped up, this article will be a combination of a meeting review and market analysis. This conference is one where ev ...

Tech Talk for Monday March 11th 2019

Pre-opening Comments for Monday March 11th U.S. equity index futures were higher this morning. S&P 500 futures up 4 points in pre-opening trade. Index futures were virtually unchanged following release of January Retail Sales report. Consensus was a decrease of 0.1% versus a revised drop of 1.6% i ...

Charting Opportunity in Midstream Energy

DOWNLOAD CHART With the balance sheet and financing challenges that had plagued the midstream sector since 2014 now largely in the rearview mirror, we believe oil and gas master limited partnerships (MLPs) appear poised to capitalize on the North American energy renaissance. Earnings for midstream ...

Tech Talk for Monday January 14th 2019

Pre-opening Comments for Monday January 14th U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points in pre-opening trade. Index futures are responding to a lower than expected trade surplus reported by China. Brrrrrr, it’s cold outside. Biggest snow storm during t ...