Tag: Oil

America’s Fake Economy And Shale Oil Boom

| September 10, 2018 | 0 Comments
America’s Fake Economy And Shale Oil Boom

PARIS – We promised to end the week with a bang! You’ll recall that Fed policy always consists of the same three mistakes… 1) Keeping interest rates too low for too long, resulting in too much debt; 2) Raising interest rates to try to gently deflate the debt bubble; and 3) Cutting rates in a […]

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Investors Facing Crude Facts

Investors Facing Crude Facts

Shell-shocked investors are shifting their attention away from tariffs to the world’s most important commodity — crude oil. The U.S. and China are locked in a brutal struggle on trade policy, but they agree on at least one thing: they’d like to see lower oil prices. President Trump recently declared as much, complaining in a tweet […]

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Oil Is Breaking Out, How About Oil Company Stocks?

| April 20, 2018 | 0 Comments
Oil Is Breaking Out, How About Oil Company Stocks?

In late 2016, OPEC agreed to cut production in order to address an oversupplied oil market. Global crude oil inventories had reached record highs, and the price of oil had crashed. OPEC’s strategy is having the desired effect. Over the past year, despite strong U.S. shale production growth, global inventories have steadily declined. In response, […]

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Is Crude Oil Due For A Big Move?

Is Crude Oil Due For A Big Move?

In options trading, a straddle is literally a sit-on-the-fence strategy. By purchasing a put and a call at the same strike (price of underlying commodity) for the same time period, an investor isn’t making a conventional directional bet; rather the investor is looking for a big move either up or down. The rub is that […]

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Are You Ready For This Crude Possibility?

| July 20, 2012 | 0 Comments
Are You Ready For This Crude Possibility?

Oil’s back on the move again… After plunging from $106 a barrel down to $78 in May and June, the lifeblood of global commerce is finding its footing.  In fact, oil’s back up to $93… a solid 18% advance from the late June lows. Take a look… No matter how you slice it, that’s a […]

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Oil Rally: Is A 2008 Repeat In The Cards?

| March 23, 2012 | 0 Comments

In case you haven’t noticed, bulls are still in control of the oil market… After bottoming at $94 a barrel in late 2011, crude cruised higher to hit $110 in late February.  Prices have since pulled back, but oil’s still trading north of $105… not cheap by any standards. The primary market-moving factor is the […]

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Is 20,369% Growth Really Possible?

| September 13, 2010 | 0 Comments

A week or so ago, my assistant Stephanie dropped the mail on my desk.  It was the usual assortment of advertisements, bills, papers, journals, and magazines.  I dug through the pile (Did I mention I get a lot of mail?) and suddenly something caught my eye… It was Inc. Magazine. For those of you who […]

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Did You Make 175% Trading BP?

| July 27, 2010 | 0 Comments

A few weeks ago, I was sitting at my desk watching the stock ticker on CNBC.  I’ve spent way too much time over the years watching stock symbols and prices scroll across the screen.  But here I was again, doing the same thing I’ve done for most of my adult life. Except this time, I […]

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Don’t Listen To Wall Street

| July 12, 2010 | 0 Comments

Can you believe how bad mainstream media can be?  It never ceases to amaze me… Let me give you an example.  The other day I was sitting at my desk drinking a cup of coffee.  I was reading through the financial news like I always do.  I came across an article – and nearly spit […]

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Do Oil Prices Predict An Economic Recovery?

| June 29, 2010 | 0 Comments

Ever pay attention to the oil future prices you see every day on CNBC?  If you don’t, you might want to start taking a closer look.  They can tell you a lot about the health of the economy.  In fact, you may be able to see a shift in the economy before the crowd sees […]

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