Penn West Petroleum is engaged in the business of acquiring, exploring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets. Penn West participates in the exploration for, and the development and production of, oil and natural
With the flooding in here Calgary, I didn’t even notice that the stock market dropped overnight Wednesday. At the same time, interest rates appear to be rising, which causes the value of bonds to fall. Interestingly, stocks have better momentum
Last week, the market was not kind to stocks. It may be nothing worse than trading closing positions before leaving on vacation, but it seems that people are more reluctant to own stocks. At the same time, interest rates rose,
I was about to write that the last week wasn’t very good. Every investment type except US stocks appears to have dropped in price. But let’s be honest: the stock market was markedly higher two years ago, and the past
Volatility has risen, with the VIX going from 13.99 to 16.30. This is not a predictor of anything, but it reflects fluctuations in the market. The TSX ended the week near where it began, but it bounced around in between.