"I suspect that as long as the dollar continues its slide our focus on commodities and resource stocks focusing will prove rewarding," says Jack Adamo.

The editor of Insiders Plus explains, "For our latest buy recommendation we'll revisit an old favorite of ours. Over the years we've held 4 positions in ConocoPhillips (COP) and they've gained an average of about 32% for us.

The stock of (CNQ) pushed substantially higher this winter, clearing major psychological resistance at $50, before pulling back in healthy-correction fashion.

Further, given the better than 50% gain, if you bought Canadian Natural Resources when first discussed here at the split-adjusted price of $31.80 on May 24, 2010, now may be a good time to consider taking some profits off the table with CNQ.

• OPEC production fell 411,000 barrels per day to 29,343 million bpd.
• Libya's production fell 343,000 barrels per day, from 1,396,000 bpd.
• Nigeria fell 107,000 barrels per day due to Royal Dutch (RDS) Oil maintenance.

There's a big ballyhoo about oil these days. With the turmoil in the Middle East, especially in Libya, the price of West Texas Intermediate (WTI) crude oil is priced over $100 per barrel. Gasoline at the pump is almost $4.00 per gallon.

Why then talk about an oil glut? We should first look at where our oil is coming from. Believe it or not, Canada is the biggest exporter of oil to the U.S. Canada is sending so much oil to the U.S. that our pipelines and storage facilities can't handle it. Reuters reports that our key storage facilities at Cushing Oklahoma are filled to capacity and are not equipped to handle the oil flow.

"The urge to merge is growing among global corporations. Near-record cash holdings, improved stock markets and increased regulations (which often drive consolidation) should fuel an increase in deal activity," says dividend expert Chuck Carlson.

Th editor of The DRIP Investor explains, "While I don't recommend stocks simply because they represent attractive takeover stocks, takeover appeal is an added kicker. Three such targets are Cabot Corp. (CBT), Molex (MOLX) and Hess Corp. (HES).

When the CEO of Walmart says that inflation is coming, we best be on the lookout. As head of America's largest retailer, Bill Simon is in a unique place to see inflation traveling all the way through the supply chain.

Walmart's (WMT) advanced computer systems are the some of the largest and most advanced computer systems in the world -- on par with computers the U.S. military uses. Every product and purchase is tracked to get stores resupplied as quickly as possible, usually just in time. As a retailer, Walmart is going to be keeping track of costs and profit margins very closely. Managers all across the company are carefully watching the reports.

"Schlumberger Limited (SLB) is the world's leading oil services company, assisting in exploration, production and most other oil services; its operations include being a leader in applying proprietary technologies to extract hard-to-extract oil and gas," says Michael Shulman.

The editor of The Short-Side Trader suggests, "Let's ask ourselves the following question: Over the next year is the there going to be more, less or an equal demand for oil? The answer is clearly more demand.

"Another question: Over the next year is there going to be more, less or an equal supply of oil?

BP's (BP) headache continues over its planned share swap with Russian-owned Rosneft. According to a report from Sky News, the Association of British Insurers (ABI) announced its concerns over the impact of the swap. ABI reportedly controls 10% to 15% of the U.K. stock market.

ABI's reservations also include a Swedish court's decision to block BP's planned venture with Rosneft in the Arctic. Perhaps most concerning of all -- and not just to ABI -- is Wednesday's report announcing that U.S. prosecutors are considering manslaughter charges against BP for its Gulf of Mexico oil spill. Eleven oil workers were killed as a result of the spill.

Recently Anadarko (APC) has agreed to buy BP's 93% interest in the Wattenberg Plant, located in the northeastern part of Colorado, for about $575 million. Anadarko already owns the remaining interest in the plant.

Anadarko is the largest producer of natural gas in the Wattenberg field and the deal will provide Anadarko with 100% ownership of the plant. The company relies heavily on natural gas, which we estimate accounts for nearly 40% of its stock value. It vies for business with established oil and gas producers like Exxon Mobil, (XOM) ConocoPhillips (COP), Chevron (CVX), BP (BP) and Duke (DUK).

"Once written off as a 'sunset' industry, North American railroads are making money hand over fist. In short, the railways are benefiting from a rising tide and the companies have a lot going for them," notes Canadian analyst Tom Slee.

The contributing editor with Internet Wealth Builder explains, "Here's a look at my newest recommendation, Canadian Pacific Railway (CP), as well as my long-time favorite, Canadian National Railway (CNI).

"Last year the six major carriers posted a 45% average growth in earnings as they booked increased volumes and increased rates.

U.S. markets were mixed most of Monday with what felt like very directionless trading on light volume. A selloff late in the day erased the small gains, and markets closed in the red today.

Another weak housing figure did not manage to cause too much harm as -- by now -- investors are conditioned to expect poor housing data. Consumer spending and income rose in February, topping expectations. U.S. investors also continued to expect that oil infrastructure would keep growing based upon Middle East build-outs for expanded production.

This post is part of Japan: A Special Report for Investors.

"Uranium and nuclear power stocks are the most directly impacted by events in Japan. In my view, this isn't the time to sell uranium plays," says Elliott Gue, who continues to recommend Cameco Corp. (CCJ), the leading uranium mining company.

The editor of The Energy Strategist explains, "Investors looking for a road map of what's likely to transpire over the next few weeks should recall the Macondo Oil spill in the Gulf of Mexico in late April 2010.