Donald Levit

Donald is a strategist for He specializes in a fundamental approach while informing traders of relevant economic data. Actively trading since university, Donald trades indices and commodities. He earned his Bachelor's in Finance from Baruch College's Zicklin School of Business in New York City.

Shanghai Composite Index Slips, But Chinese Companies Showing Strong Profits

The Shanghai Composite Index zig-zagged 17.22 points lower, or 0.52 percent, to start the week, reaching the closing bell at a final figure of...
crude oil

Saudi Arabia Keeps Lowering Crude Oil Prices for European Customers

As global oil producers ponder whether to extend the production cut deal into the second half of the year, Saudi Arabia, OPEC’s largest producer,...

Shanghai Composite Index Gains Friday To Close Best Week Since November

The Shanghai Composite Index shrugged off yesterday’s U.S. missile strikes on Syria, rising 5.61 points, or 0.17 percent, to close at 3,286.62. The index...

Shanghai Composite Index Rises on Solid Bank Earnings, New Economic Zone

Stocks on the Shanghai Stock Exchange came back from an extended weekend break with a bang, posting a gain of 47.79 points to close...
oil rig

Qatar Lifts Self-Imposed North Dome Natural Gas Field Moratorium

Qatar’s state-owned Qatar Petroleum reported recently that the country is lifting its self-imposed moratorium on further development of the North Dome natural gas field...
crude oil

Crude Oil Production at Libya’s Sharara Back Online; Country Gradually Recovers Output

Libyan authorities announced this week that the country’s largest crude oil field Sharara has been restarted following a weeklong shutdown.Insurgence groups still opposing the...
China Buddha

Shanghai Composite Index Snaps 4-Day Losing Streak on Strong PMI Data

The Shanghai Composite Index gained 12.28 points, or 0.38 percent to break a four day losing streak and close out the week at 3,222.51....
oil rig

Hurricane Energy Discovers Great Britain’s Largest Crude Oil Deposit in the North Sea

Just when oil production in the North Sea was becoming a thing of history books, British Hurricane Energy heralded ‘the largest undeveloped discovery in...

Shanghai Composite Index Slips as Central Bank Clamps Down on Liquidity

The Shanghai Composite slipped 11.63 points on Wednesday, or 0.36 percent to close the day at 3,241.31 on 216 million shares volume. Today’s losses...

China News: Shanghai Composite Index Shrugs Off Big Profits In Industrial Sector

The Shanghai Composite Index fell slightly to start the week, slipping 2.49 points to close the day at 3,266.96 for a loss of 0.08...

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crude oil

Baker Hughes US Total Rig Count Increases To 870, 15th Consecutive Gain

The total Baker Hughes North American rig count for the week ending April 28th increased to 870 from 857 the previous week.The number of...
Natural Gas

Natural Gas Prices Test 50% Retracement of Decline from April High

Natural gas prices have maintained an upside bias throughout the majority of the week. The contract for June delivery on the New York Mercantile...

CEO’s Resignation May Mean Sarepta (SRPT) Is Up For Grabs Soon

Sarepta Therapeutics Inc (NASDAQ:SRPT) is trading sharply higher this afternoon, currently up $1.27 to $35.99 – a four percent jump. The boost arrived on...
uranium price

Uranium Prices: Cameco’s Results Disappoint

Just as optimism started to hit the uranium market, Cameco Corporation's released its first quarter results on Monday - and they were a huge...

DAX 30 Index Drifts Lower, Profit taking After Strong Weekly Advance

Equities traded narrowly mixed on Friday with profit taking into the holiday weekend inevitably an important feature after strong gains during the week.There was...