Tag: Oil

No End To China’s Demand For Oil

| May 7, 2008 | 0 Comments

Oil prices recently surged to over $120 a barrel.  It’s amazing to watch these prices climb and climb.  What we’re seeing here is a fundamental shift in the way oil is bought and sold around the globe.  Make no mistake about it, high oil prices are here to stay – and they’ll go higher. I’m […]

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High Corn Prices Hurt Ethanol Producers

| April 25, 2008 | 0 Comments

Oil is getting out of hand.  $119 per barrel.  Who has that kind of money. It won’t be long before we see Gasoline prices over $3.50.  Oh, wait, we’re already there!  I used to fill my gas tank for $20 and get money back.  Now, I fork over $40 and I’m lucky to get enough […]

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Profits In Currency Options Better Than Stocks

| April 16, 2008 | 0 Comments

Have you looked at the S&P 500 lately?  The S&P 500 is an index of the top 500 companies in the stock market.  It’s supposed to measure how well the market is performing.  Yesterday it closed at 1,334.  This is a stunning number. You see, the S&P 500 first reached the 1,334 level in May […]

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Short Term Direction Of Oil Prices

| March 5, 2008 | 0 Comments

Yesterday I had a very interesting conversation with a good friend.  He had been following the markets very closely and wanted to know what I thought about oil.  With prices now actively trading above $100 per barrel, several market watchers including my friend thought prices were poised to fall in the short term. He cited […]

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Profit From High Oil Prices Like A Billionaire

| February 22, 2008 | 0 Comments

Ever wonder how billionaires make their money?  Some inherit it – like the Walton children who became billionaires after the founder of Wal-Mart died.  Some billionaires like South American drug-lords make their money illegally.  Yet others found and build very successful companies, folks like Michael Dell and Bill Gates.  But one type of billionaire – the […]

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Oil Prices Continue To Rise

| November 26, 2007 | 0 Comments

“Luck can often mean simply taking advantage of a situation at the right moment.  It is possible to make your luck by being always prepared.”  -Michael Korda I thought the above quote was particularly fitting as oil prices continue to flirt with the unheard of $100 per barrel level.  Understandably, many folks are concerned about […]

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