|Day Low/High||70.03 / 71.88|
|52 Wk Low/High||51.60 / 122.94|
That the market didn't plummet following the strikes on Saudi oil facilities shows big differences in our economy and reliance on foreign oil compared with just a decade ago.
Chevron and Exxon Mobil appear more attractive than this stock right now, and the oil sector as a whole should be watched for at least the next couple days.
The drone attacks on Saudi oil operations even could influence the Fed's thinking on inflation and rates.
This weekend's attack on Saudi refineries adds one more variable to bolster prices.
Should competitors act in a way that puts the U.S. economy at a disadvantage, then by all means the FOMC must act with a level of anger that intimidates.
About the upcoming U.S./China talks, call me skeptical, but I trade the environment, and not my starchy views on what is versus what should be.
OPEC has no idea how much oil prices can fall, but current prices are not acceptable to the organization.
Market indices are close enough to their apex where profits can be taken and cash be raised intelligently.
Oddly enough with a stronger U.S. dollar (the U.S. Dollar Index has been above 98 all afternoon), both gold and WTI Crude remain up for the day, even if off lows. The Energy sector, by the way, is today's underachiever, eleventh out of eleven sector...
A review of top picks for 2019 in the energy, power generation and renewables sectors.
Black Gold Oil just can't get out of it's own way this week. In late Friday trading, in an environment that also includes an appreciating U.S. dollar, Texas Tea (WTI Crude) was priced at it's lowest levels of the day, and close enough to the lows of...
In addition to the Callon preferreds, I also own Callon's 10/24 senior notes, but not the stock.
But trading calls and puts in Amazon requires you to know your risk tolerance big-time.
There are a whole lot of forces going on in our country to explain this stubborn resistance by the oil stocks to the moves we used to expect.
Jamie Dimon also expresses concern about the impact of China tariffs and a fresh GDP estimate is at hand.
Closed-end funds provide several benefits to investors over mutual funds.
The stock continues to be attractive for income investors, especially those looking for high yields above 5%.
I salute Elon Musk for what he did. But Vicki Hollub? I am calling it ill-advised.
Buffett and Munger have some questions to answer, some situations to ponder, and probably a more concerned public than in the past to deal with.
From lollipops to locomotives, Warren Buffett's has a full buffet of topics to address Saturday.
Putting the BLS nonfarm payrolls into perspective, and how I am thinking about Planet Fitness after earnings.
The big portfolio managers get ahead of the turn in cycles -- as we can see in oil services, semiconductors and autos, among other sectors. Here's how to play their game.
Investors attempting to select between the two stocks have a fairly straightforward choice.
We see signs that tell us not only is this market not expensive, but there are whole sections that might be ridiculously cheap. The recent merger announcements are a prime example.
Businesses are spending. If you're making stuff... if you're buying stuff, then the railroads are moving stuff.
For those willing to play the oil services game, SLB is the better long position going forward than HAL.