Will the Shakeup of Venezuela Jolt Oil Stocks Back Into Action?

"The devil's excrement … We are drowning in the devil's excrement." - Juan Pablo Pérez Alfonzos, former Oil Minister of Venezuela and co-founder of OPEC

Overnight
S&P Futures
-2 point(s) (-0.04%)
overnight range:
-13 to +15 point(s)
APAC
Nikkei
+1.32%
Topix
+1.75%
China SHCOMP
+1.50%
Hang Seng
+1.38%
Korea
+1.52%
Singapore
+1.27%
Australia
-0.53%
India
-0.27%
Taiwan
+1.57%
Europe
Stoxx
50 -0.38%
Stoxx
600 +0.08%
FTSE
100 +0.51%
DAX
+0.03%
CAC
40 -0.51%
Italy
+0.11%
IBEX
+0.04%
Canada
+1.06%
Mexico
+1.36%
Brazil
+0.83%
FX
Dollar Index (DXY)
+0.08% to 98.351
EUR/USD
-0.07% to 1.1714
GBP/USD
-0.04% to 1.3536
USD/JPY
-0.04% to 156.44
USD/CNY
+0.06% to 6.9842
USD/CNH
+0.06% to 6.9795
USD/CHF
-0.10% to 0.7925
USD/CAD
+0.06% to 1.3764
AUD/USD
+0.06% to 0.6718
UST Term Structure
2Y-3M Spread narrowed
-0.0bps to -15.1bps
10Y-2Y Spread widened
0.9bps to 71.6bps
30Y-10Y Spread widened
0.6bps to 69.3bps
Yesterday's Recap
SPX
+0.64%
SPX Eq Wt
+0.93%
NASDAQ
100 +0.77%
NASDAQ Comp
+0.69%
Russell Midcap
+1.18%
R2k
+1.58%
R1k Value
+1.13%
R1k Growth
+0.34%
R2k Value
+1.32%
R2k Growth
+1.82%
FANG+
+0.61%
Semis
+1.15%
Software
+0.98%
Biotech
-1.13%
Regional Banks
+2.02%
SPX GICS1 Sorted
-1.16%
Cons Staples
-0.33%
Healthcare
-0.31%
Tech
-0.15%
REITs
+0.15%
SPX
+0.64%
Comm Srvcs
+0.72%
Indu
+1.14%
Materials
+1.21%
Cons Disc
+1.93%
Fin
+2.15%
Energy
+2.67%
USD HY OaS
All Sectors
-10.4bps to 312bps
All Sectors ex-Energy
-0.7bps 314bps
Cons Disc
-0.3bps to 483bps
Indu
+2.6bps to 251bps
Tech
-2.0bps to 313bps
Comm Srvcs
+0.4bps to 270bps
Materials
+1.4bps to 275bps
Energy
+1.4bps to 335bps
Fin Snr
+0.7bps to 220bps
Fin Sub
+1.9bps to 351bps
Cons Staples
+0.7bps to 425bps
Healthcare
-2.0bps to 331bps
Utes
-0.4bps to 226bps *
DateTimeDescriptionEstimateLast
1/69:45 AMDec F Sep F S&P Srvcs PMI52.952.9
1/710:00 AMDec Sep ISM Srvcs PMI52.252.6
1/710:00 AMNov Sep JOLTS76007670
1/710:00 AMOct F Sep P Durable Gds Orders-2.2-2.2
1/88:30 AMOct Aug Trade Balance-58.5-52.828
1/88:30 AM3Q P Nonfarm Productivity4.93.3
1/88:30 AM3Q P Unit Labor Costs01
1/811:00 AMDec Sep NYFed 1yr Inf Expn/a3.2
1/98:30 AMDec Oct AHE m/m0.30.1
1/98:30 AMDec Oct Unemployment Rate4.54.6
1/98:30 AMDec Oct Non-farm Payrolls6564
1/910:00 AMJan P Oct P UMich 1yr Inf Exp4.14.2
1/910:00 AMJan P Oct P UMich Sentiment53.552.9
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