Knowing how everything is manipulated, this means Goldman has covered their short on energy and now wants to take money from you the on the other side of the trade. It sure acts like oil has stopped going down for now.
While Iran’s willingness to reopen talks with the International Atomic Energy Agency about their nuclear program was a surprise, it seems that the motion was mostly for show. Several rounds of discussions yielded no access to a military site in Parchin which is suspected to be a weapons development facility. There has been no agreement on further discussing the matter. Light crude is hovering close to $106 a barrel today, so much for Prince Alwaleed’s promise to keep oil under the $100 a barrel mark. From FT: “The International Atomic Energy Agency has reported that it held a “disappointing” … Read more
The Magellan Fund has never been as strong and consistent a performer after Peter Lynch left the helm. There are many postulates as to why this is the case. I am going to introduce a new one. Few believe Berkshire will be the same after Buffett. In fact those trying to imitate Buffett’s style now have paled in comparison. I believe that just like the two investors shared some things in common, one thing they shared that the market has failed to appreciate is that both investors constantly changed, they evolved and their styles of investing encompassed many and broad … Read more
Here’s The US Energy Outlook From Now Through 2035 Currently, demand for petroleum is higher than other forms of energy, and transportation continues to be the sector that uses the most energy via Here’s The US Energy Outlook From Now Through 2035.
Since mid 2008 natural gas has been completely decimated by the market with the past eight months have been particularly bearish, cutting natural gas stocks in half. Take a look at UNG for instance, down close to 60% from it’s June high of 12.32 a share. So with natural gas bouncing off it’s all time low is it time to take a bullish stance on the commodity? Recent options activity has spiked dramatically, with a call to put ratio of more than six to one. With options activity a good forward looking indicator of investor sentiment, this is generally a very bullish … Read more
This is a checklist I use to quickly come to a conclusion on a stock. I score a stock, each line getting a 1, 0, or -1. A stock that scored 1 on each line would be a perfect 10. Buy it! Some of these items are quite subjective. For example how would I score Cash Flow? If a company’s cash flow is much lower than it’s reported earnings, that raises a flag and I would score it a -1. If there are more insiders buying than selling, I would score it a 1. If there are no apparent catalysts … Read more