Michael Johnston: Energy stocks have struggled mightily so far in 2012, as soft demand for petroleum products and progress towards alternative sources of energy have weighed on this sector. Despite the recent challenges, allocations to energy stocks remain a key component Read more…
NYSE:ENY, NYSE:FEG, NYSE:VDE, NYSE:XLE, NYSE:XOP, OIH
Michael Johnston: Energy has long been a popular destination for all types of investors, ranging from smaller individuals to sophisticated billion dollar hedge funds. It wasn’t that long ago that the strategies for investing in energy were relatively simple and straightforward: buy ExxonMobil (NYSE:XOM). But thanks Read more…
NYSE:BNO, NYSE:DBO, NYSE:FCG, NYSE:UNG, NYSE:XLE, NYSE:XOP
Chris Ciovacco: A good way to sum up the conflicting signals that the markets are giving from a short-term perspective is to look at our comments from Wednesday. Before the market opened, we posted charts that had a bullish slant. At 2:30 p.m. EDT, we said the session was weaker than it appeared. Read more…
NYSE:DBC, NYSE:EEM, NYSE:IWM, NYSE:IYR, NYSE:VXX, NYSE:XOP
Jason Simpkins: With oil prices (NYSEARCA:USO) soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary. But while that assurance managed to siphon a few dollars off of oil futures, the reality is there’s nothing Saudi Arabia – or anyone else, for that Read more…
NYSE:DBO, NYSE:USO, NYSE:XES, NYSE:XOP, OIL
Chris Ciovacco: The rally off the lows of last week has some work to do before it becomes convincing. While the longer-term outlook remains favorable from a technical perspective, the conviction from buyers needs to pick up in the short-term. Read more…
NYSE:EEM, NYSE:EWG, NYSE:EWJ, NYSE:IWM, NYSE:IWO, NYSE:XOP
Stocks ended the session mixed on Friday as volume quickened. Bigger cap issues showed strength as high beta issues struggled. By the closing bell the Dow Jones Industrial Average (NYSEArca:DIA) and the S&P 500 (NYSEArca:SPY) posted gains of 0.4% and 0.2% respectively. The S&P MidCap 400 and Read more…
NYSE:DVY, NYSE:IYR, NYSE:SOXL, NYSE:XLU, NYSE:XOP
Stocks eased modestly on Monday, on very light trade. The major indices chopped around in a tight range for the entire day and eventually closed just below session highs. The small-cap Russell 2000 (NYSEArca:IWM) fell 0.3%, while the Nasdaq (NASDAQ:QQQ), DJIA (NYSEArca:DIA)and S&P Read more…
NYSE:DIA, NYSE:IAU, NYSE:IWM, NYSE:XOP
For the third time in as many days, stocks showed little direction, and ended the session mixed. By the closing bell three of the five major indices were up and two were down. Higher beta issues led the way, as the small-cap Russell 2000 (NYSEArca:IWM), S&P MidCap 400 and the Nasdaq Read more…
NYSE:DVY, NYSE:IYR, NYSE:IYT, NYSE:XOP
David Gillie: As an equities analyst, I’m expected to know the answer to this question. Quite honestly, I don’t. Here’s why: Read more…
NYSE:UNG, NYSE:XOP
Jason Simpkins: 2011 was an up-and-down year for oil prices, but don’t expect that pattern to repeat in 2012. In the coming year, the trajectory for oil prices will be far more linear – and it’s pointed up. In fact, we could even see $150 oil by mid-summer. Read more…
NYSE:DBO, NYSE:USO, NYSE:XES, NYSE:XOP, OIL
Jason Simpkins: 2011 was an up-and-down year for oil prices (NYSEARCA:USO), but don’t expect that pattern to repeat in 2012. No, next year, the trajectory for oil prices will be far more linear – and it’s pointed up. In fact, we could even see $150 oil by mid-summer. Read more…
NYSE:DBO, NYSE:USO, NYSE:XES, NYSE:XOP, OIL
Jared Cummans: Crude oil has been in the limelight in recent weeks, as its priced surged from a low of $75 barrel to break through the century mark, marking an increase of over 35%. While oil has long been, arguably, the most popular commodity on the market, investors and traders alike are looking to Read more…
NYSE:BNO, NYSE:CRUD, NYSE:DBO, NYSE:UGA, NYSE:USL, NYSE:USO, NYSE:XLE, NYSE:XOP
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