BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Has Delta Air Lines Bottomed at $10?]]>http://www.bloggingstocks.com/2011/04/01/has-delta-air-lines-bottomed/http://www.bloggingstocks.com/2011/04/01/has-delta-air-lines-bottomed/http://www.bloggingstocks.com/2011/04/01/has-delta-air-lines-bottomed/#commentsFiled under: ,

Delta Air Lines (DAL) logoDefinitely not-for-the-squeamish Delta Air Line's (DAL) stock has plunged in bear-hug fashion during the winter to $9.80 from $14.70, and is now dangerously close to the sell/stop loss at $8.

Delta Air Lines, first discussed here on July 19, 2010, at a price of $10.73, would likely have been a leader of a rejuvenated airline sector until Middle East unrest, including the ongoing civil war in Libya, sent oil prices above $105 per barrel. That crude surge has pushed jet fuel prices -- typically the second biggest or biggest expense for an airline -- substantially higher.

Continue reading Has Delta Air Lines Bottomed at $10?

Has Delta Air Lines Bottomed at $10? originally appeared on BloggingStocks on Fri, 01 Apr 2011 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>airline stocksDALDelta Air LinesDelta revenue forecastfeaturedLibyaoil pricesFri, 01 Apr 2011 10:30:00 EST<![CDATA[Oil Closes at Two-and-a-Half Year High]]>http://www.bloggingstocks.com/2011/03/31/oil-closes-at-two-and-a-half-year-high/http://www.bloggingstocks.com/2011/03/31/oil-closes-at-two-and-a-half-year-high/http://www.bloggingstocks.com/2011/03/31/oil-closes-at-two-and-a-half-year-high/#commentsFiled under: , , , , ,

rising oil pricesThe conflict in Libya continues to spark concerns over possible supply problems, sending oil prices soaring over the past couple weeks and settling at a two-and-a-half year high this afternoon.

In addition to Libya, oil also got a push today from a falling U.S. dollar. The greenback was down in reaction to speculation the European Central Bank would be raising interest rates, to fight possible inflation.

Continue reading Oil Closes at Two-and-a-Half Year High

Oil Closes at Two-and-a-Half Year High originally appeared on BloggingStocks on Thu, 31 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>dollarFederal Reservegasgas pricesgasolineinthenewslibyamiddle eastoiloil pricesOPECsaudi arabiaThu, 31 Mar 2011 18:00:00 EST<![CDATA[U.S. Stock Futures Up Slightly After Yesterday's Rally]]>http://www.bloggingstocks.com/2011/03/09/u-s-stock-futures-up-slightly-after-yesterdays-rally/http://www.bloggingstocks.com/2011/03/09/u-s-stock-futures-up-slightly-after-yesterdays-rally/http://www.bloggingstocks.com/2011/03/09/u-s-stock-futures-up-slightly-after-yesterdays-rally/#commentsFiled under: , ,

U.S. stock futures are slightly higher Wednesday morning after Tuesday's rally. Oil futures dropped to $104.82 a barrel. Futures on the Dow Jones Industrial Average climbed 27 points to 12,226.00 and futures on the S&P 500 stock index gained 2.40 points to 1,322.50. Nasdaq 100 futures rose 1 point to 2,334.75.

U.S. stocks closed higher, with the blue-chip Dow index surging 1.03% to close at $12,214.38 on Tuesday.

Data on wholesale inventories for January will be released at 10 a.m. ET.

Shares of Nokia (NOK) gained about 1.3% in pre-market trading after analysts at Bernstein upgraded the mobile-phone giant from underperform to market perform late Tuesday.

Diamond Foods (DMND) reported its Q2 earnings at $19.7 million, or 87 cents per share, up from $8.8 million, or 52 cents per share in the year-ago quarter. Excluding one-time items, Diamond's earnings came in at 91 cents per share. The company's revenue increased 40% to $257.6 million. However, analysts had been expecting adjusted earnings of 89 cents per share on revenue of $265.1 million. Diamond lifted its full-year earnings guidance to $2.45 to $2.51 per share, excluding on-time items, from $2.43 to $2.49 per share. However, analysts were projecting full-year earnings of $2.51 per share.

Navistar International (NAV) reported its Q1 EPS, ex-items, at 16 cents, versus the consensus of 23 cents. NAV reported its Q1 revenue at $2.74 billion, versus the consensus of $2.9 billion.

Continue reading U.S. Stock Futures Up Slightly After Yesterday's Rally

U.S. Stock Futures Up Slightly After Yesterday's Rally originally appeared on BloggingStocks on Wed, 09 Mar 2011 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DiamondFoodsdmndfeaturedfuturesgoldnavNavistar InternationalNavistarInternationalNokiaoil priceswholesale inventoriesWed, 09 Mar 2011 08:30:00 EST<![CDATA[U.S. Futures Higher as Oil Prices Decline Slightly]]>http://www.bloggingstocks.com/2011/03/08/u-s-futures-higher-as-oil-prices-decline-slightly/http://www.bloggingstocks.com/2011/03/08/u-s-futures-higher-as-oil-prices-decline-slightly/http://www.bloggingstocks.com/2011/03/08/u-s-futures-higher-as-oil-prices-decline-slightly/#commentsFiled under: , , , ,

U.S. stock futures are higher Tuesday morning as crude oil prices declined marginally from 29-month highs. Futures on the Dow Jones Industrial Average climbed 30 points to 12,108.00 and futures on the S&P 500 stock index gained 4.60 points to 1,313.70. Nasdaq 100 futures rose 4.25 points to 2,328.75.

European markets were mixed today. While STOXX Europe 600 Index has gained 0.20%, London's FTSE 100 Index moved down 0.15%.

Continue reading U.S. Futures Higher as Oil Prices Decline Slightly

U.S. Futures Higher as Oil Prices Decline Slightly originally appeared on BloggingStocks on Tue, 08 Mar 2011 09:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BBBYdbleDouble Eagle Petroleumecolfeaturedfuturesoil pricesRadNetrdntssiStage StoresUS EcologyTue, 08 Mar 2011 09:10:00 EST<![CDATA[Schlumberger Vectors Toward $100 a Share]]>http://www.bloggingstocks.com/2011/03/06/schlumberger-100-a-share/http://www.bloggingstocks.com/2011/03/06/schlumberger-100-a-share/http://www.bloggingstocks.com/2011/03/06/schlumberger-100-a-share/#commentsFiled under:

Schlumberger (SLB) logoI first wrote about Schlumberger (SLB) here on May 6, 2009, at a price of $56.09. Shares of oil and natural gas servicer have jet-streamed toward major, psychological resistance at $100, easily clearing $90 on the way. It goes without saying that if you haven't already, now would be a good time to consider taking some profits off the table.

However, those investors who can tolerate the risk can maintain their full position and go for an even bigger gain, as SLB will likely continue to head north.

Further, I'd raise the sell/stop loss to $68 from $63.

Continue reading Schlumberger Vectors Toward $100 a Share

Schlumberger Vectors Toward $100 a Share originally appeared on BloggingStocks on Sun, 06 Mar 2011 14:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BrazilfeaturedMiddle East unrestoffshore drillingoil pricesSchlumbergerSLBSun, 06 Mar 2011 14:50:00 EST<![CDATA[U.S. Dollar Is Getting Hammered]]>http://www.bloggingstocks.com/2011/03/03/u-s-dollar-is-getting-hammered/http://www.bloggingstocks.com/2011/03/03/u-s-dollar-is-getting-hammered/http://www.bloggingstocks.com/2011/03/03/u-s-dollar-is-getting-hammered/#commentsFiled under: , , ,

U.S. dollarThe U.S. dollar is coming under increasing pressure on several fronts. First and foremost is oil. Oil closed at $102 per barrel Wednesday for the first time in over two years. Oil has been driven upwards by the turmoil in the Middle East. The Libyan situation is getting worse with both sides vowing to fight on. There is unrest throughout the Arab region. The great fear for the West is that oil flows may be disrupted. The U.S. dollar usually moves inversely to oil. Today the March futures closed at 76.689, down .394

Continue reading U.S. Dollar Is Getting Hammered

U.S. Dollar Is Getting Hammered originally appeared on BloggingStocks on Thu, 03 Mar 2011 09:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>currenciesdollareuroFederal Reserveinterest ratesinternational markets market mattersinthenewsoil pricesswiss francThu, 03 Mar 2011 09:20:00 EST<![CDATA[Oil Climbs on Continued Uncertainty in Middle East]]>http://www.bloggingstocks.com/2011/03/02/oil-climbs-over-100-a-barrel-on-continued-uncertainty-in-middle/http://www.bloggingstocks.com/2011/03/02/oil-climbs-over-100-a-barrel-on-continued-uncertainty-in-middle/http://www.bloggingstocks.com/2011/03/02/oil-climbs-over-100-a-barrel-on-continued-uncertainty-in-middle/#commentsFiled under: ,

The turmoil in the Middle East is spreading as protests surge throughout the Arab world. This is not a one country phenomenon -- and it won't go away any time soon.

The great fear for the West is that the unrest will spread to other oil-producing countries. Half of Libya's oil production is shut down. Protests in Iran -- the second largest oil producer in OPEC -- are growing. Saudi Arabia's King Abdullah is giving away $36 billion to his people in the hope of warding off further unrest.

Continue reading Oil Climbs on Continued Uncertainty in Middle East

Oil Climbs on Continued Uncertainty in Middle East originally appeared on BloggingStocks on Wed, 02 Mar 2011 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredinthenewslibyamiddle eastoil outputoil pricesoil supplysaudi arabiaSaudiArabiaWed, 02 Mar 2011 09:00:00 EST<![CDATA[Oil and Natural Gas: The Anomaly Continues]]>http://www.bloggingstocks.com/2011/03/01/oil-and-natural-gas-the-anomaly-continues/http://www.bloggingstocks.com/2011/03/01/oil-and-natural-gas-the-anomaly-continues/http://www.bloggingstocks.com/2011/03/01/oil-and-natural-gas-the-anomaly-continues/#commentsFiled under: , ,

If, as an investor, you're surprised by the ongoing anomaly in the oil/natural gas relationship, you're not the only one.

The background: Oil historically trades at about 8 times the price of natural gas. Currently it's trading at 25.8 times natural gas. About three months ago, the ratio was 20.

In late Tuesday afternoon trading, oil (West Texas Intermediate) was up $3.60 to $100.578 per barrel, while natural gas was down 16 cents to $3.88 per million British thermal units (MMBtu).

Continue reading Oil and Natural Gas: The Anomaly Continues

Oil and Natural Gas: The Anomaly Continues originally appeared on BloggingStocks on Tue, 01 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>natural gasnatural gas pricesoil pricesTue, 01 Mar 2011 18:00:00 EST<![CDATA[Ray of Light: Fed Sees Adequate U.S. GDP Growth for 2011-2013]]>http://www.bloggingstocks.com/2011/02/26/fed-sees-adequate-u-s-gdp-growth-for-2011-2013/http://www.bloggingstocks.com/2011/02/26/fed-sees-adequate-u-s-gdp-growth-for-2011-2013/http://www.bloggingstocks.com/2011/02/26/fed-sees-adequate-u-s-gdp-growth-for-2011-2013/#commentsFiled under: , , ,

Federal ReserveThe most recent datapoint of significance for investors has to be the U.S. Federal Reserve's revised summary of economic projections.

The Fed now sees a stronger U.S. economy in 2011, with the world's largest and most technologically advanced economy expected to grow 3.4% to 3.9%, up from the 3.0% to 3.6% November projection.

The Fed also expects the U.S. economy to grow 3.5% to 4.4% in 2012 and 3.7% to 4.6% in 2013, compared to the November estimates of 3.6% to 4.5% and 3.5% to 4.6%, respectively.

Continue reading Ray of Light: Fed Sees Adequate U.S. GDP Growth for 2011-2013

Ray of Light: Fed Sees Adequate U.S. GDP Growth for 2011-2013 originally appeared on BloggingStocks on Sat, 26 Feb 2011 12:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic growtheconomic recoveryfeaturedFederal ReserveGDP forecastinflationinflation forecastinthenewsoil pricesU.S. exportsU.S. GDPSat, 26 Feb 2011 12:50:00 EST<![CDATA[Comfort Zone Investing: Bubbles Always Burst]]>http://www.bloggingstocks.com/2011/02/26/comfort-zone-investing-bubbles-always-burst/http://www.bloggingstocks.com/2011/02/26/comfort-zone-investing-bubbles-always-burst/http://www.bloggingstocks.com/2011/02/26/comfort-zone-investing-bubbles-always-burst/#commentsFiled under:

woman blowing a bubble - comfort zone investingIn the 1630's, it was tulips. More specifically, it was Semper Augustus, a tulip of extraordinary beauty; deep, deep blue with a band of white and touches of crimson flares. In its day, it was the must have thing. There was one man who owned the dozen flowers known to exist. He was offered the equivalent of one year's annual income from a wealthy merchant for one bulb. He turned it down.

Tulip prices increased throughout the decade as more speculators got into the game. In 1633, a farmhouse was traded for three rare bulbs. By 1636 any tulip could be sold for extraordinary sums. Futures markets started. Trades were made in fields or taverns, between farmers and merchants. Some bulbs were bought and sold 10 times in a day. One father left his seven children an inheritance of 70 tulips. One sold for the all-time record price of 5,200 guilders.

Then, one day in 1637 everyone decided to stop playing. No buyers showed up at the local tulip auction in Haarlem. Within days, panic started, then spread. Tulips that sold for 5,000 guilders soon went for less than 50. (Source: Tulipomania by Mike Dash)

Continue reading Comfort Zone Investing: Bubbles Always Burst

Comfort Zone Investing: Bubbles Always Burst originally appeared on BloggingStocks on Sat, 26 Feb 2011 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bubblescomfort zone investingcottongoldhousing bubbleoil pricestulipmaniaSat, 26 Feb 2011 10:30:00 EST<![CDATA[Could Oil Top $220 per Barrel?]]>http://www.bloggingstocks.com/2011/02/24/could-oil-top-220-per-barrel/http://www.bloggingstocks.com/2011/02/24/could-oil-top-220-per-barrel/http://www.bloggingstocks.com/2011/02/24/could-oil-top-220-per-barrel/#commentsFiled under: , , ,

The turmoil in the Middle East is getting worse by the day. Protesters now control a good portion of Libya. The panic is spreading to Saudi Arabia where King Abdullah is handing out $36 billion in housing support and funding to offset inflation, according to the Wall Street Journal.

So the number crunchers are putting together possible "what-if" scenarios for the oil market. One such possibility is: What if Algeria joins Libya in revolt. Both countries produce 4 million barrels of oil per day. If such events develop, oil could surge to $220 per barrel, according to Nomura Securities in the Wall Street Journal.

Continue reading Could Oil Top $220 per Barrel?

Could Oil Top $220 per Barrel? originally appeared on BloggingStocks on Thu, 24 Feb 2011 09:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AlgeriaBlack SwanfeaturedinthenewsLibyamiddle eastmiddle east protestsoiloil pricesoil spikesaudi arabiaThu, 24 Feb 2011 09:15:00 EST<![CDATA[Oil Price Outlook Adding Upside to Chevron Stock]]>http://www.bloggingstocks.com/2011/02/16/oil-price-outlook-adding-upside-to-chevron-stock/http://www.bloggingstocks.com/2011/02/16/oil-price-outlook-adding-upside-to-chevron-stock/http://www.bloggingstocks.com/2011/02/16/oil-price-outlook-adding-upside-to-chevron-stock/#commentsFiled under:

Chevron (CVX) is one of the largest energy companies in the world and engages in several businesses like exploration and production of oil and natural gas, refining, transportation, trading and chemicals. The company competes with other established oil producers like Exxon Mobil (XOM), ConocoPhillips (COP), BP (BP) and Anadarko (APC). Our price estimate at Trefis for Chevron stands at $102, which is about 5% ahead of the market price.

Continue reading Oil Price Outlook Adding Upside to Chevron Stock

Oil Price Outlook Adding Upside to Chevron Stock originally appeared on BloggingStocks on Wed, 16 Feb 2011 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chevron earningsfeaturedoil pricesoil productionoil stocksWed, 16 Feb 2011 09:30:00 EST<![CDATA[Brent Crude at $104 per Barrel on Spreading Mideast Unrest]]>http://www.bloggingstocks.com/2011/02/15/brent-crude-at-104-per-barrel-on-spreading-mideast-unrest/http://www.bloggingstocks.com/2011/02/15/brent-crude-at-104-per-barrel-on-spreading-mideast-unrest/http://www.bloggingstocks.com/2011/02/15/brent-crude-at-104-per-barrel-on-spreading-mideast-unrest/#commentsFiled under: , , ,

Middle East unrestWhen it comes to the biggest threat to world economies, oil scarcity is second only to nuclear war. What started in Tunisia, then spread to Egypt has now spreading to Bahrain and Iran, where protesters are clashing with police. In Iran, lawmakers are threatening death to protesters.

The fear of chaos spreading across the Middle East has sent the oil market into overdrive. Brent crude traded at $104 per barrel Tuesday.

Continue reading Brent Crude at $104 per Barrel on Spreading Mideast Unrest

Brent Crude at $104 per Barrel on Spreading Mideast Unrest originally appeared on BloggingStocks on Tue, 15 Feb 2011 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BahrainChinacommoditiesfeaturedgoldinternational marketsinthenewsIranMiddle East unrestoiloil pricesTue, 15 Feb 2011 11:00:00 EST<![CDATA[Jim Rogers Is Still a Big-Time Commodities Bull]]>http://www.bloggingstocks.com/2011/01/27/jim-rogers-commodities-bull/http://www.bloggingstocks.com/2011/01/27/jim-rogers-commodities-bull/http://www.bloggingstocks.com/2011/01/27/jim-rogers-commodities-bull/#commentsFiled under:

goldAfter a torrid year, the commodities markets showed some weakness is January. For example, gold fell by about 6%.

So is this a correction or finally a bear market?

Well, legendary investor, Jim Rogers, still thinks that commodities are the best place for your investment dollars (according to an interview on CNBC). No doubt, he has lots of credibility. When others snickered, Rogers started to invest in commodities in the late 1990s. He even wrote a book on the topic.

Continue reading Jim Rogers Is Still a Big-Time Commodities Bull

Jim Rogers Is Still a Big-Time Commodities Bull originally appeared on BloggingStocks on Thu, 27 Jan 2011 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>commoditiescommodities ETFCRSOXcrude oileconomic recoveryfeaturedGLDgoldinflationinthenewsiShares Silver TrustJim Rogersoil pricesprecious metalsSLVSPDR Gold SharesThu, 27 Jan 2011 11:00:00 EST<![CDATA[OPEC Quietly Raises Production; Oil Rally May Stall]]>http://www.bloggingstocks.com/2011/01/19/opec-quietly-raises-production-oil-rally-may-stall/http://www.bloggingstocks.com/2011/01/19/opec-quietly-raises-production-oil-rally-may-stall/http://www.bloggingstocks.com/2011/01/19/opec-quietly-raises-production-oil-rally-may-stall/#commentsFiled under: , , , ,

The oil market has been in the hands of the bulls. The talk on Wall Street is of $100 per barrel oil. Traders are betting that OPEC will not raise production. In 2008, when oil spiked to $147 per barrel, OPEC was stretched to the limit. Now the situation is different.

The price of oil is reaching a critical point. The oil spike of 2008 was a factor in setting off the Great Recession. Many fear that "demand destruction" -- a permanent downward shift in demand -- could take hold again. The price of oil and the price of gasoline are nearing a point where they are pulling too many dollars out of household budgets. Gas at the pump is close to $3.50 per gallon. If you recall, when gas moved from $3.50 to $4.00, it forced consumers to cut back on their driving and thus brought prices back down.There is an added problem: Our economy is still fragile. A spike in the price of oil could slow growth this year.

Continue reading OPEC Quietly Raises Production; Oil Rally May Stall

OPEC Quietly Raises Production; Oil Rally May Stall originally appeared on BloggingStocks on Wed, 19 Jan 2011 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>100 oil per barrelcommoditiescrude oil pricesfeaturedgasoline pricesinthenewsoil industryoil international marketsoil pricesOPEC oil outputWed, 19 Jan 2011 10:00:00 EST<![CDATA[Brent Crude Oil Trading at $98.00 per Barrel]]>http://www.bloggingstocks.com/2011/01/12/brent-crude-oil-trading-at-98-00-per-barrel/http://www.bloggingstocks.com/2011/01/12/brent-crude-oil-trading-at-98-00-per-barrel/http://www.bloggingstocks.com/2011/01/12/brent-crude-oil-trading-at-98-00-per-barrel/#commentsFiled under: , , ,

oil pipelineThe story of the day is about oil. February contracts for Brent crude are trading at $98.03 per barrel, up 74 cents as of 10:15 a.m. EDT. The U.S. benchmark West Texas Intermediate crude (WTI) is trading at $91.85 per barrel, up 42 cents. Brent crude is used primarily in Europe. The drive to $100 per barrel is due in part to severe winter conditions in Europe.

Here in the U.S., the Alaskan Pipeline, which has been closed since Saturday, has reopened but at a reduced rate. U.S. stockpiles fell 1.4 million barrels from, 335.3 million in the week ended January 7. This data was based on 17 analysts polled by Bloomberg News.

Continue reading Brent Crude Oil Trading at $98.00 per Barrel

Brent Crude Oil Trading at $98.00 per Barrel originally appeared on BloggingStocks on Wed, 12 Jan 2011 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Alaska pipelineAmerican Petroleum InstituteBrent crudecrude oil futuresgas pricesgasoline pricesinthenewsoiloil pricesWest Texas IntermediateWTIWed, 12 Jan 2011 12:00:00 EST<![CDATA[Rising Oil Prices Prompt Record Spending on Exploration]]>http://www.bloggingstocks.com/2011/01/02/record-spending-on-oil-exploration/http://www.bloggingstocks.com/2011/01/02/record-spending-on-oil-exploration/http://www.bloggingstocks.com/2011/01/02/record-spending-on-oil-exploration/#commentsFiled under: , , ,

oil explorationOil recently traded at $91.00 per barrel and many analysts are looking for $100 per barrel. Against that backdrop, global oil companies are ramping up exploration to record levels for 2011.

The Wall Street Journal reports that Barclays (BCS) estimates that spending on new wells, producing platforms and other energy infrastructure will total $490 billion in 2011, an increase of 11%.

Continue reading Rising Oil Prices Prompt Record Spending on Exploration

Rising Oil Prices Prompt Record Spending on Exploration originally appeared on BloggingStocks on Sun, 02 Jan 2011 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ChevronCVXinthenewsoil drillingoil pricesoil productionSun, 02 Jan 2011 10:00:00 EST<![CDATA[To Hedge Against Rising Oil/Gasoline Prices, Consider Oil Company Shares]]>http://www.bloggingstocks.com/2010/12/22/to-hedge-against-rising-oil-gasoline-prices-consider-oil-compan/http://www.bloggingstocks.com/2010/12/22/to-hedge-against-rising-oil-gasoline-prices-consider-oil-compan/http://www.bloggingstocks.com/2010/12/22/to-hedge-against-rising-oil-gasoline-prices-consider-oil-compan/#commentsFiled under: , ,

Oil rose above $90 per barrel on Wednesday, and the average U.S. price for unleaded regular topped $3 per gallon. Moreover, with the U.S. economic recovery likely to strengthen in 2011, and will strong emerging market GDP growth gobbling up more barrels of oil, both oil and gasoline prices are likely to rise further next year.

That's good news for investors in most oil stocks, but bad news for U.S. consumers, particularly motorists. However, the view from here argues that one should not dabble in the futures market to try to hedge against rising oil prices. The price of oil is influenced by more than 10 variables, and unless you're prepared to lose up to $500 per day, you're probably going to be at a trading disadvantage.

Continue reading To Hedge Against Rising Oil/Gasoline Prices, Consider Oil Company Shares

To Hedge Against Rising Oil/Gasoline Prices, Consider Oil Company Shares originally appeared on BloggingStocks on Wed, 22 Dec 2010 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gasoline pricesinthenewsMarathon OilMROmurphy oiloil pricesWed, 22 Dec 2010 15:30:00 EST<![CDATA[Oil and Natural Gas: The Kabuki Dance Continues]]>http://www.bloggingstocks.com/2010/12/13/oil-and-natural-gas-the-kabuki-dance-continues/http://www.bloggingstocks.com/2010/12/13/oil-and-natural-gas-the-kabuki-dance-continues/http://www.bloggingstocks.com/2010/12/13/oil-and-natural-gas-the-kabuki-dance-continues/#commentsFiled under: , ,

Veteran stock and investment analyst and now Bedford Oak Advisors Chairman Harvey Eisen has weighed-in on the oil/natural gas kabuki dance, with a bullish outlook for natural gas.

Oil, which historically trades at about 8 times the price of natural gas, currently is trading at about 20 times natural gas.

On Tuesday at mid-day, oil traded up 58 cents to $88.37 per barrel, while natural gas was down 1 cent to $4.40 per million British thermal units (MMBtu).

Continue reading Oil and Natural Gas: The Kabuki Dance Continues

Oil and Natural Gas: The Kabuki Dance Continues originally appeared on BloggingStocks on Mon, 13 Dec 2010 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>epdHarvey Eiseninthenewsnatural gasoil pricesMon, 13 Dec 2010 15:30:00 EST<![CDATA[OPEC: Output Targets Unchanged]]>http://www.bloggingstocks.com/2010/12/12/opec-output-targets-unchanged/http://www.bloggingstocks.com/2010/12/12/opec-output-targets-unchanged/http://www.bloggingstocks.com/2010/12/12/opec-output-targets-unchanged/#commentsFiled under: , , ,

OPEC logoOPEC, which is responsible for 35% of world's oil production, has left output quotas unchanged at 24.85 million barrels a day.

The International Energy Agency (IEA) forecasts worldwide demand at 88.8 million barrels a day for 2011, up from 87.1 million bpd this year.

Oil has rallied 25% this year. OPEC profits are estimated to be higher by 35% to $750 billion. Recent oil prices have hovered between $80 to $90 per barrel.

Continue reading OPEC: Output Targets Unchanged

OPEC: Output Targets Unchanged originally appeared on BloggingStocks on Sun, 12 Dec 2010 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsoil pricesoil productionOPECSun, 12 Dec 2010 09:40:00 EST