Saturday, April 16, 2016
FRIDAY CLOSE .... MARKET DOWN 29/7/2
WTI under $41, Brent ~$43. US natgas $1.90.
Iran won't attend Doha.
Sauds say they could add 1Mb/d production "immediately" in response to Iran.
Syria truce fraying.
G20 threatening penalties on tax havens.
(stock #s in %; new highs/lows over last 12 months):
PRHL up 26. QTWWQ up 25. AMLM up 22 with very heavy volume. XSNX up 12. MGPHF up 10 with heavy volume. ACFN up 9. CCTC, VSPC up 8. CREG up 7. OOIL up 4 off new low with news. ERII up 2, new high. AEIS flat, new high.
SUNE down 36 with heavy volume, news. (Bankruptcy expected over weekend.) LSCG down 20 with heavy volume after reporting. AWSL down 18, new low. CABN down 16. FCSMF down 10. CDTI down 8 with heavy volume, news. OPTT down 8. LTBR down 7, new low with volume. TERP down 7 with SUNE news. LMRMF down 7.
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