Fundamental Forecast for USOIL: Bullish Talking Points: The ONE Thing: Bets are rising that Trump will exit the Iran Accord on May 12 after Israeli PM Netanyahu called Iran liars, only to have Iran call Trump a bully. It seems like Trumps style is catching on. The popular move is to talk about how much oil production…
Yesterday, you got the answers to eight of the most common questions I receive about penny stocks. One of those questions was: “How do you make money when stocks go down?” To which I answered: Shorting the stock. Let’s talk about that a little more… Short selling is an investing strategy. You borrow shares of stock from your…
The Bureau of Labor Statistics announced yesterday that the unemployment rate was down to 3.9% in April. That’s nearly as low as it’s been any time in the last half century. Does that mean the U.S. economy faces some problems ahead? Worries about the unemployment rate getting too low are usually framed in terms of the Phillips…
Bitcoin’s price increased from $7,200 to $9,600 over the last month. Despite cryptocurrencies making some people wealthy, many financial gurus and professionals warn investors to stay away from digital currencies. Jordan Belfort, the infamous Wolf of Wall Street says that “it’s the biggest scam ever, such a huge, gigantic scam that’s going to blow up…
NYMEX Natural Gas fell during the week. Oversupply and higher temperatures in the United States always have an impact in demand shown by EIA’s weekly storage reports. Shorter term traders came in to sell the exhaustive candles. Volumes, however, did not pick up. We feel we reached a bottom for this rangebound trading so we…
On Thursday morning, as the market dropped below its 200-dma, I got numerous emails asking about the break. I wrote the following in response: “I have often discussed that as a portfolio manager I am not too concerned with what happens during the middle of the trading week. The reason is daily price volatility…
On Thursday morning, as the market dropped below its 200-dma, I got numerous emails asking about the break. I wrote the following in response: “I have often discussed that as a portfolio manager I am not too concerned with what happens during the middle of the trading week. The reason is daily price volatility…
The S&P 500 ended the first week of May with a minor 0.24% loss from last Friday and 1.28% gain from Thursday. The index is down 1.2% YTD and 7.3% below its record close. The U.S. Treasury puts the closing yield on the 10-year note at 2.95%. Here is a daily chart of the S&P…
A big player in the gaming and casino industry, Las Vegas Sands Corp. (LVS) started from just one property back in 1990 and now has many locations in Las Vegas; Bethlehem, PA; Macao; and Singapore. Guests not only enjoy gaming at a Las Vegas Sands resort, but a luxury hotel experience; dining and entertainment; Meetings, Incentive, Convention and…
