After plunging steadily in recent weeks, share prices in the oil and gas exploration appear to have finally found a floor. Some stocks such as Halliburton (NYSE: HAL) and Schlumberger (NYSE: SLB) sharply rose on Wednesday after falling close to their 52-week lows, while other stocks such as Diamond Offshore… Read More
Energy & Commodities
Company executives may not know much about the stock market. But they know plenty about their own business. That’s why many investors track their every move. When these insiders notify the Securities and Exchange Commission that they have just bought company stock, investors sit up and take notice, because… Read More
Take a look at my forecast chart for United States Oil Fund (NYSE: USO), an exchange-traded fund (ETF) whose units’ net asset value tracks the performance of the spot price of West… Read More
During the past year, exchange-traded fund (ETF) investors have welcomed a plethora of new funds to the marketplace. These new funds cover everything from municipal bonds to emerging market financials. But one of the most intriguing of this latest batch is a fund that… Read More
Earlier this month, gold prices hit an all-time high, as the yellow metal fetched more than $1,240 an ounce. Yet gold bugs still think the price can hit even higher highs, back to the nearly $2,000 per ounce figure hit in the 1980s, on an inflation-adjusted basis. That could spell… Read More
The Deepwater Horizon oil spill in the Gulf of Mexico has been called one of the worst-ever environmental disasters — and may prove to be perhaps even bigger than the 1989 Exxon Valdez catastrophe. For more than a month, crews off the Louisiana shore have tried to… Read More
Gold prices continued to hit historic highs Wednesday, approaching $1,240 an ounce after closing at a record high Tuesday. The yellow metal is hitting new peaks as investors grow worrisome over the European debt crisis and the $1 trillion rescue package meant to help Greece and other… Read More
The exchange-traded fund (ETF) world remains abuzz with activity on the new launch and product development fronts. Money managers like Pimco that have recently dipped their toes into the ETF waters with… Read More
If you thought Interior Secretary Ken Salazar’s announcement Wednesday of an offshore wind farm was big news for alternative-energy investing, then you must have missed the far bigger news from his Cabinet colleague, Energy Secretary Steven Chu. While Salazar was standing behind a rostrum touting a 130-turbine… Read More