|Day Low/High||1.79 / 1.89|
|52 Wk Low/High||1.78 / 4.05|
Shares are now trading below the declining 50-day moving average line and the cresting 200-day moving average line.
There has been a windfall in profitability in this industry that none of the management teams are taking credit for predicting. None of them believe it's ending, either.
Absurdity is everywhere. Take advantage of it.
While both companies are run by Norwegian citizens and headquartered in Hamilton, Bermuda, DHT's fleet is quite different from NAT's.
NAT's story really can be distilled into one word: scarcity.
Nordic American Tanker continues to soar higher amid volatility.
Booyah! NAT Chairman and CEO Herbjorn Hansson is scheduled to appear with Jim Cramer on Mad Money tonight.
The demand for floating storage - renting an oil tanker for the purpose of holding the cargo until oil prices improve - has increased exponentially.
Let's check out the charts and indicators of this oil storage play.
Oil isn't really worthless and Amazon isn't the only retailer that will survive, but we are in a mixed up market thanks to Covid-19.
The vast majority of the universe of ETFs are vulnerable to market dislocations.
You can put your capital out there and hope that other investors are willing to pay more for it later, or you can buy streams of cash flow and reinvest them. Guess which one I would do.
It's time to put on your thinking cap and reject the group think investment strategies that have dominated the market for the past three years.
Investors need to do what works for them in markets where trading action is extremely random.
Contango is the situation in which contracts for future months' delivery are valued more highly than the contract for the current month's delivery.
To buy on days like this, you must be convinced the market is offering an opportunity to buy assets at below fair value.
An OPEC production cut won't do much to reduce China's demand for the cartel's oil.
After a weekly close above $17, the sell stop can probably be placed below $15.
It's the first export to Europe of an Appalachian shale gas product.
Tanker operators are attractive going into next year.
There's a lot riding on its economy, more so than ours.
Jim Cramer answers viewers' Twitter questions from the floor of the New York Stock Exchange.