As global demand for crude oil continues to increase to record levels and supply remains constricted, the price of gasoline continues to itch upwards, passing the $3 per gallon mark in
Category: NYSE:IEO
Supply Concerns To Support Crude Oil ETFs (USO, DBO, IEO, BP, COP, XOM, OXY, APA)
Supply concerns pushed crude futures contacts north of $90 per barrel on Tuesday, providing positive price support to the US Oil Fund (NYSE:USO), PowerShares DB Oil Fund (NYSE:DBO)
Wagner Daily: A Closer Look At These ETFs (TBT, EWC, IEO, IXC, IWC)
Tuesday brought the fourth consecutive day of directionless trading. Since last Thursday, the major indices have “chopped” in a tight trading range. The market is obviously in consolidation
How and Why To Invest In Natural Gas ETFs (XOP, UNG, FCG, IEO)
“Because the natural gas market is highly sensitive to a broad variety of political, social and economic events, even mild changes in weather, political sentiment, or consumption patterns can
Natural Gas ETFs Are Headed Higher… And Here’s Why (IEO, XOP, UNG, FCG, FCGL, FCGS)
It looks like the climate bill has about the same chance of passing this year as a snowball in… well… a very hot place. Though that hardly means the coal industry is safe. Congress may not be able to get anything done. But United States environmentalists have a lot more fight left in them. Wall […]
Energy ETFs Don’t Eliminate Deepwater Drilling Risk (XLE, IEO, FCG)
Morningstar’s Paul Justice sees the issues facing BP as being industrywide and that investors should look at smaller oil explorers and natural gas plays instead of buying a basket of oil majors. With more investors looking to the ETF structure as a way to invest in the energy industry in light of the BP oil
Ride the Natural Gas M&A Wave With This ETF
Scott Burns, Director of ETF analyis for Morningstar, has identified his pick for the best way you can play the natural gas wave. Scott took data generated by his equity analysts and determined that the
BP PLC’s Discovery Of A Giant New Oil Field Should Impact These ETF’s
“Last week, BP PLC announced the discovery of a “giant” new oil field about 200 miles off the coast of Louisiana. The oil field is an an area that was once known as the “Dead Sea” in the oil industry
Oil And Gas Exploration ETF Shows Positive Action (IEO)
“Right now the crowd looks to be gathering around the idea that the stock market will turn decidedly more volatile and risky come September and October. But parsing that notion — and the related guess that more volatility will mean a weaker market
Touradji Capital Buys SPDR Gold Shares (GLD), Sells Energy Stocks
Bloomberg is reporting that Touradji Capital Management LP, purchased 126,000 shares of the SPDR Gold Trust (GLD) in the second quarter and sold stock in EnCana Corp. as well as other energy companies. Touradji Capital Management