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Jason Simpkins: If you’re unsettled by the thought of gasoline at $4.00 a gallon, brace yourself. With tensions between Iran and the West quickly escalating, we could see gas jump to $6.00 a gallon at the pump in a matter of months. Read more…
John Daly: The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together. Since 24 December the Iranian Navy has been holding its ten-day Velayat 90 naval exercises, covering an area in the Arabian Sea stretching from east of the Strait of Hormuz entrance to Read more…
Larry Edelson: Wow! Talk about wild and crazy markets! The swings are incredible. The Dow Industrials — down 500 points one day, up 400 the next. Down another 500 the next day, then up 300 and change. Read more…
NASDAQ:SQQQ, NYSE:DUG, NYSE:SDOW, NYSE:SH, NYSE:SPXU, NYSE:SRTY
Sean Brodrick: It’s funny — but not ha-ha funny — that oil prices are creeping higher even as the U.S. economy appears to be slowing down. Read more…
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