 |
Louisiana Light • 2 days | 113.0 | -2.01 | -1.75% | ||
|
Bonny Light • 1 day | 118.1 | -3.97 | -3.25% | ||
|
Opec Basket • 2 days | 117.6 | +0.09 | +0.08% | ||
|
Mars US • 16 hours | 100.8 | -2.82 | -2.72% | ||
|
Gasoline • 10 mins | 3.657 | +0.120 | +3.40% |
|
Bonny Light • 1 day | 118.1 | -3.97 | -3.25% | ||
|
Girassol • 1 day | 117.1 | -3.86 | -3.19% | ||
|
Opec Basket • 2 days | 117.6 | +0.09 | +0.08% |
|
Peace Sour • 8 hours | 101.2 | -4.02 | -3.82% | ||
|
Light Sour Blend • 8 hours | 103.3 | -4.02 | -3.75% | ||
|
Syncrude Sweet Premium • 8 hours | 106.9 | -4.02 | -3.63% | ||
|
Central Alberta • 8 hours | 101.5 | -4.02 | -3.81% |
|
Eagle Ford • 1 day | 104.8 | -4.02 | -3.69% | ||
|
Oklahoma Sweet • 1 day | 102.3 | -4.00 | -3.76% | ||
|
Kansas Common • 2 days | 100.0 | -2.00 | -1.96% | ||
|
Buena Vista • 2 days | 118.8 | -1.68 | -1.39% |
Breaking News:
Was Donald Trump Right About The U.S. Dollar?
The U.S. dollar has been…
Finance / the Markets
Get Ready for the Final Flush in October
What a quarter that was! Q3, 2011, will go down in the history books as one of the worst in market history, and certainly one of the most volatile. 1929,…
Soros: Europe is in a More Dangerous Situation than the U.S. in 2008
Although stocks around the globe appear to be expecting the Eurozone to produce a game changing plan involving a leveraged, TARP-like approach, not all investors are convinced that Europe is…
Selling Oil Again for a Hedge
With oil having bounced $5.50 over the last couple of days, I am going to flip back to the short side for several reasons, not all of which have to…
Itching to Get Into Corn
Long term readers of this letter know that I have long been banging away on the fact that the world is making people faster than the food to feed them.…
Bring Back the Uptick Rule!
When the Dow crashed 514 points on August 8, the market lost a staggering $850 billion in market capitalization. High frequency traders were possibly responsible for half of this move,…
My View of the Stock Market for the Rest of 2011
Down, then up, then down again. How about that? I believe that the global risk markets will bottom sooner than people think, and that the time has come to compile…
Commodity Price Fears and China’s Growth Forecasts
Commodity markets lost more than $16 billion in value during last week’s selloff, Reuters reported in a special report. Equity and commodity markets plunged…
Use the Melt Down to Load Up on India
Take a look at the chart for the emerging market ETF (EEM) below and you will be surprised to see how well it has held up in the recent collapse.…
Bernanke Says Buy Stocks, Or Else!
I believe that the risk markets are discounting a recession that isn’t going to happen. Not yet, anyway. So I am going to start adding some small, limited risk call…
Is QE3 Back From the Dead?
When I went to bed late last night, the (SPX) was trading down 30 points, and I was thinking “here we go again”. When I woke up, the market was…
Index Funds and Commodity Prices
There has been a lot of growth over the last decade in funds that take long positions in commodity futures contracts in order to offer investors an asset that follows…
The Real Crash is Coming in 2012: Are Stocks Now a Screaming Buy?
I don’t think that we are going into recession immediately. I believe that we can eke out a few more quarters of 2% ish type growth before we put in…
RIP for America’s Triple A Rating
At long last, after months of warnings, leaks, hand wringing, and speculation, Standard and Poor’s has at last downgraded US Treasury bonds a notch to AA+. The change was the…
Here is Where to Watch for the Turn
What to say about Thursday’s market? The “RISK OFF” trade had its finest hour. The Dow average WAS down 512 points, NASDAQ (QQQ) cratered by 135 points, oil (USO) was…
What the Markets Are Telling Us
I spent the morning doing a round robin with hedge fund trader friends of mine trying to figure how we all got this so horribly wrong. I did this as…
The Death of the Bond Vigilantes
Back in the seventies and eighties, when inflation was soaring well into double digits, the markets were regularly punished by a band of gun slinging traders known as the “bond…
Jim Rogers: Buying Commodities Now Guarantees Success for Investors
Jim Rogers says the investing game is simple these days. Rogers said this week, “I do believe I could count on one hand the number of times I’ve been presented…
China on its Way to the Leading Global Currency?
The open criticism of the US policy is getting more vociferous by the day. For example, a former central bank advisor pointed out that in the medium to long term…
The Stock Melt Up That Was
The first half of 2011 went out with a bang last week. The S&P 500 delivered an awesome 72 point run, its best performance in two years. After threatening the…
Take a Look at Tata Motors
Every day, when considering what to write about, I tell myself that I’m not singing enough praises about India. Then events demand that a topic more urgent be thrust upon…
