China Slashes Crude Oil Refinery Output on Sluggish Prices

China Slashes Crude Oil Refinery Output on Sluggish Prices






China Slashes Crude Oil Refinery Output on Sluggish Prices $OIL, $SHI, $PTR China’s Crude Oil output fell 9.9% Y-Y in August, the biggest monthly fall since Y 2003 as refineries slashed production amid sluggish global Crude Oil prices, data from the National Bureau of Statistics showed Monday. Imports have trended upward after private refineries were […]






Medical Marijuana Update

Medical Marijuana Update






Medical Marijuana Update In a surprise move, the conservative American Legion comes out for cannabis rescheduling, Arkansas medical marijuana initiatives see lawsuits fly, Ohio is now a medical marijuana state, and more.  NationalAt the end of August, the American Legion called for marijuana to be rescheduled. The nation’s largest veterans’ organization has passed a resolution […]






Labor Day Box Office: ‘Light Between Oceans”Hands of Stone’, ‘Morgan’ DOA

Labor Day Box Office: ‘Light Between Oceans”Hands of Stone’, ‘Morgan’ DOA






Labor Day Box Office: ‘Light Between Oceans”Hands of Stone’, ‘Morgan’ DOA $SNE, $DIS, $VIA, $TWX, $LGF In North America, Summer 2016 domestic revenue ends in unchanged from last year’s $4.48-B, thought attendance is down 3%. The victor of the weekend overseas was Paramount’s Star Trek Beyond. The sci-fi franchise installment topped the foreign chart with […]






On the Sidelines of G20, No Crude Oil Production Freeze

On the Sidelines of G20, No Crude Oil Production Freeze






On the Sidelines of G20, No Crude Oil Production Freeze $OIL, $USO On the sidelines of the G20 Summit now finished meeting in Hangzhou, the Russian and Saudi Arabian Oil ministers met and agreed to create a producers’ group that would meet regularly to monitor the Oil markets. Brent Crude reached a high early of […]






China Integrating IT Into Agriculture

China Integrating IT Into Agriculture






China Integrating IT Into Agriculture $CORN, $WEAT, $SOYB China will further integrate information technology into agriculture in the next 5 years to increase productivity and efficiency, according to the country’s agriculture watchdog. The government aims to further improve intelligent management in planting, cultivation and machinery and the use of Internet of Things (IOT) will cover […]






Another Democratic ‘Tax & Spend’ Administration = Recession

Another Democratic ‘Tax & Spend’ Administration = Recession






Another Democratic ‘Tax & Spend’ Administration = Recession $DIA, $SPY, $QQQ, $VXX Hillary Clinton got hammered from all directions Monday. Mrs. Clinton is trying come up with a new and inspiring idea to jump-start a anemic US economy and help the financially stressed middle class. The progressive/left really does not know  how to and will […]






Box Office, ‘Suicide Squad’ & ‘Sausage Party’ Top, Ben-Hur DOA

Box Office, ‘Suicide Squad’ & ‘Sausage Party’ Top, Ben-Hur DOA






Box Office, ‘Suicide Squad’ & ‘Sausage Party’ Top, Ben-Hur DOA $TWX, $SNE, $VIA, $CBS, $LGF Holdovers ‘Suicide Squad’ and ‘Sausage Party’ stay #1 and # 2, respectively, Natalie Portman’s directorial debut, ‘A Tale of Love and Darkness,’ opened at the specialty box office, ‘Hell or High Water’ continues to impress. Timur Bekmambetov’s Ben-Hur DOA the […]






Box Office: ‘Suicide Squad’ falls hard to ‘Sausage Party’

Box Office: ‘Suicide Squad’ falls hard to ‘Sausage Party’






Box Office: ‘Suicide Squad’ falls hard to ‘Sausage Party’ $TWX, $LGF, $SNE, $VIA, $CBS, $CMCSA ‘Suicide Squad’ falls in its 2nd frame outing, as it approaches $500-M worldwide Sausage Party came in ahead of predictions to score the best opening for an R-rated comedy in at least a year with $33.6-M from 3,103 theaters. Originality paid off big […]






Karma Revero, 1st Look at Reborn Extended-range Electric Sedan

Karma Revero, 1st Look at Reborn Extended-range Electric Sedan






Karma Revero, 1st Look at Reborn Extended-range Electric Sedan  $GM, $TSLA The long road to getting the Henrik Fisker’s Karma  back in production is about to end. It was in early Y 2014 that China’s Wanxiang bought the what was left of the $1-B automotive failure Fisker Motors, including the rights to the failed automaker’s […]






The $50-B Gold Industry Deal Spree Is Extending

The $50-B Gold Industry Deal Spree Is Extending






The $50-B Gold Industry Deal Spree Is Extending $GLD, $ABX, $NEM The $50-B Gold industry deal spree is extending into its 3rd year, even as the rising bullion price makes sealing transactions and valuing mines more difficult. Gold has regained its “shine” as investors seek havens from volatile markets and weak interest rates. While the […]






Box Office: The Secret Life of Pets takes $103.2-M

Box Office: The Secret Life of Pets takes $103.2-M






Box Office: The Secret Life of Pets takes $103.2-M $CMCSA, $DIS, $FOX Family audiences cannot to get enough of animated family films about animals it seems. Zac Efron and Adam Devine’s ‘Mike and Dave Need Wedding Dates’ beat expectations with a $16.6-M domestic opening Illumination Entertainment and Universal’s The Secret Life of Pets debuted to […]






Box Office: ‘Finding Dory’ Tops the Weekend

Box Office: ‘Finding Dory’ Tops the Weekend






Box Office: ‘Finding Dory’ Tops the Weekend $DIS, $CMCSA Steven Spielberg’s ‘The BFG’ DOA in North America over the July 4th weekend, ‘Legend of Tarzan’ in trouble, ‘The Purge: Election Year’ rallies. Disney’s (NYSE:DIS) Finding Dory is the champ of the long holiday weekend at #1 in its 3rd frame. The weekend box office is […]






Oman’s State Oil (PDO) Raises $4-B or Projects

Oman’s State Oil (PDO) Raises $4-B or Projects






Oman’s State Oil (PDO) Raises $4-B or Projects $JPM, $HHBC, $ING The amount raised will be used to finance construction of new facilities Petroleum Development Oman (PDO), the country’s top Oil & Gas exploration and production company, has obtained a $4-B loan from international banks, as low Crude Oil prices strain state finances. The 5-year […]






Box Office: Finding Dory Finishes at #1, Independence Day #2

Box Office: Finding Dory Finishes at #1, Independence Day #2






Box Office: Finding Dory Finishes at #1, Independence Day #2 $FOX, $DIS, $SNE, $AMZN, $CMCSA Independence Day: Resurgence failed to thrill at  the North American box office, coming in behind expectations with an estimated $41.6-M from 4,068 theaters. But, it debuting to $102.1-M from 57 foreign markets, including China, for a global tally of $143.7 for […]






Box Office: ‘Finding Dory’ makes Record Splash Domestically

Box Office: ‘Finding Dory’ makes Record Splash Domestically






Box Office: ‘Finding Dory’ makes Record Splash Domestically $DIS, $LGF, $CMCSA, $TWX Finding Dory posted the biggest North American box office opening ever for an animated film, action comedy ‘Central Intelligence’ opened to a solid $34.5-M. 13 years after Finding Nemo hit theaters, Pixar and Disney’s (NYSE:DIS) sequel Finding Dory made a record splash at […]






Tesla Motors (NASDAQ:TSLA) Share’s Falling, Leadership in Question

Tesla Motors (NASDAQ:TSLA) Share’s Falling, Leadership in Question






Tesla Motors (NASDAQ:TSLA) Share’s Falling, Leadership in Question $TSLA Shares of Tesla Motors (NASDAQ:TSLA) have been in reverse mode since the EV maker reported Q-1 earnings results that showed a wider-than-expected loss. TSLA stock closed Tuesday at 208.69 a decline of about 15% from the prior-week’s close of 240.76. In the past 30 days, TSLA […]






Gold and WTI Crude Oil Technical’s (Weekly)

Gold and WTI Crude Oil Technical’s (Weekly)






Gold and WTI Crude Oil Technical’s (Weekly) $GLD, $USO Spot Gold pared most of its weekly losses Friday to close the week at 1,289.00 oz, as slow jobs growth in the US weakened the case for a US rate hike during the US Fed’s upcoming June meeting. The precious Yellow metal is finding support on […]






Ferrari’s new CEO Confirms the LaFerrari Spyder

Ferrari’s new CEO Confirms the LaFerrari Spyder






Ferrari’s new CEO Confirms the LaFerrari Spyder $RACE The new CEO at Ferrari, Sergio Marchionne has confirmed the Italian luxury brand will deliver an open top version of the LaFerrari hyperSupercar. Since that recent confirmation the speculators started going Nuts and we have a listing to prove it. According to a mobile.de posting, Investment Cars […]






Two More Top Executives “Ankle” Tesla Motors (NASDAQ:TSLA)

Two More Top Executives “Ankle” Tesla Motors (NASDAQ:TSLA)






Two More Top Executives “Ankle” Tesla Motors (NASDAQ:TSLA) $TSLA Tesla’s Q-1 earnings came in at a $283-M loss. Two Tesla Motors (NASDAQ:TSLA) production chiefs are leaving the EV country as it struggles to launch its mass-market Model 3 car and increase production. According to filings and media reports, the departures follow a rocky production start […]






Ferrari F12Berlinetta Production Comes to an End, No More Orders

Ferrari F12Berlinetta Production Comes to an End, No More Orders






Ferrari F12Berlinetta Production Comes to an End, No More Orders $RACE The “Can not order new F12 anymore” thread is exactly what it sounds like. Several members of the “chat” have posted about how their local Ferrari dealership cannot take any more F12Berlinetta  orders, this word is coming directly from the factory in Maranello. Now […]






The Last Ferrari Spyder NART To Auction In May

The Last Ferrari Spyder NART To Auction In May






The Last Ferrari Spyder NART To Auction In May $BID There were just 10 Ferrari 275  Spyder NART’s built at the factory. This car was the last one build, and the only one sold new in Europe. Originally the car was painted Grigio Scuro (a medium grey). It has been redone in a muted Red, […]






Crude Oil Continues to Finds Ways to Strengthen

Crude Oil Continues to Finds Ways to Strengthen






Crude Oil Continues to Finds Ways to Strengthen $USO, $OIL Both Brent and WTI Crude Oil prices were volatile Wednesday, as Kuwait’s Oil workers put an end to the 3-day strike that had temporarily halved the country’s production. WTI Crude Oil futures fell down to 41.28, but reversed, as stockpiles shrank more than expected. According […]






Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher






Chicago Agriculture Commodities Finished Higher $WEAT, $CORN, $SOYB Chicago Board of Trade (CBOT) Wheat, Corn and Soybean futures finished sharply higher Wednesday following Tuesday’s big jump. The most active Wheat contract for July delivery gained 18 cents, or 3.64%, to 5.1225 bu. July Corn delivery added 10.25 cents, or 2.63%, to 3.9975 bu. Soybean for […]






Tuesday’s Technical Outlook for WTI Crude Oil

Tuesday’s Technical Outlook for WTI Crude Oil






WTI Crude Oil Crude Oil prices dove Monday, as during the Oil producers’ meeting in Doha, the OPEC and non-OPEC producers failed to reach an agreement on a a production freeze. WTI Crude Oil futures fell to 37.59 bbl, or over 7% before paring losses and recover some ground on news Kuwait’s Oil production fell […]






Freeze Speculators Hammered, Crude Oil Prices Head Due South

Freeze Speculators Hammered, Crude Oil Prices Head Due South






Freeze Speculators Hammered, Crude Oil Prices Head Due South $USO, $OIL Crude Oil prices seeing a steep fall in early Monday morning Asian trading hours after talks ended in Doha, Qatar with no agreement on capping production, could touch 26 bbl (or lower) near term This is an extremely Bearish scenario with the 1998 lows […]






Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact






Any Deal To “Freeze” Crude Oil Production To Have Limited Impact A deal to freeze Crude Oil production by OPEC and non-OPEC producers will have a limited impact on global supply and markets are unlikely to rebalance before Y 2017, the International Energy Agency (IEA) said Friday. The IEA, which oversees the energy policies of […]






Nigeria And China Firms To Develope A Cocoa Hub

Nigeria And China Firms To  Develope A Cocoa Hub






Nigeria And China Firms To Develope A Cocoa Hub The southwest Nigeria’s state of Osun Thursday said it has partner a Chinese firm to transform the state into a Hub of Cocoa production. State governor Rauf Aregbesola made the remarks in Ede town during a facility tour of the resuscitated Cocoa Production Industry in partnership […]