Tag: Chevron (CVX)
Chesapeake Energy: Another One Bites The Dust?
Is Chesapeake Energy Headed To Bankruptcy Court? Things are quickly going from bad to worse in the US energy space… Case in point, shares of one of the largest natural gas producers in the US sank 50% in yesterday’s trading session. Chesapeake Energy $CHK plunged as low as $1.55 a share as panicked investors ran […]
OPEC Oil Prices Hit Energy ETFs
Recently, the members of Organization of Petroleum Exporting Countries (OPEC) met. They decided to continue pumping oil at a record pace and let OPEC oil prices fall as the supply glut widens. The immediate reaction to the decision had a negative impact on oil prices. The price of a barrel of WTIC crude oil plunged […]
Oil: Where’s It Going Next?
What a year for oil… Maybe you remember, crude kicked off 2011 with a bang. Social unrest in North Africa sent ‘Texas tea’ surging to $113 a barrel seemingly overnight. At the time, violent anti-government protests overcame dictatorships in Tunisia, Egypt, and Libya. Fears of unrest spreading to Middle Eastern oil giant Saudi Arabia had […]
Oil Investing: Chevron Is On Sale…
Wow… what a week! Just when you think the markets can’t get any wilder… they do. On Tuesday, the Dow traded in a volatile 640-point range to end up over 400 points. But the strength was a bait and switch as the market plunged 519 points on Wednesday. Amazingly, triple digit moves seem to be […]
Are These Dog Stocks For You?
Once a year I write about the “Dogs of the Dow” investment strategy. It’s a simple technique popularized a few years ago by book called Beating the Dow. It was originally published in 1991 and seems to have taken on a life of its own. The book describes a simple strategy. Just buy the ten […]
