Stoyan Bojinov: Commodities and equities started off the week in a hole as resurfacing Euro zone debt woes propelled the U.S. dollar in the currency markets. Gold is off to a choppy start as well; the precious metal has climbed higher on falling volume over the past three sessions, perhaps suggesting Read more…
IYE, NYSE:FEG, USO, VDE, XLE
Eric Dutram: Although energy prices have come off their 2011 highs, futures contracts are trading well above their mid-2010 levels with current prices trending near the $100/bbl. mark. This has proven to be pretty good news for energy companies across the board helping many to beat analyst Read more…
IYE
As the greenback begins to take back some of the ground it has recently lost, investors are befuddled as to where they should allocate their assets. Some are still bullish on gold or fixed Read more…
IYE, SMH, VOO
Last month, China superseded the United States as the world’s largest energy consumer and the nation’s expected appetite for black gold is likely to provide positive price support to crude oil and Read more…
IYE, NYSE:DBO, USO
Sentiment in the crude oil market has been quite pessimistic lately after some disappointing economic data fueling fear over the strength of the U.S. recovery, and signs of a possible China Read more…
IYE, NYSE:BNO, NYSE:DBO, OIH, OIL, UCO, UGA, UHN, USL, USO, VDE, XLE
President Obama announced that he would be extending the moratorium on offshore drilling for at least another 6 months. This announcement just happens to coincide with the time of year that the demand for oil historically spikes – the summer time. Why is it that a decrease in production, Read more…
IYE, NYSE:BNO, NYSE:DBO, OIL, UCO, UGA, UHN, USO, VDE, XLE
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