Commodity Prices
Most Lucrative Trend for 2010
Here it is – the first trading day of 2010. And we’re already seeing what will be one of the most important (and lucrative) trends for this year. Oil… Read more
Russia’s Oil Hostage
*****The Dow Industrial Average made its highest close over 10,500 yet. And it looks as though we’ll see an even higher close before 2009 is over.
Perhaps even more importantly,… Read more
Don’t focus too closely on history to lay out your investing strategy
The news that U.S. GDP has been revised downward, again, doesn’t seem to phase the market as most major indices are trading slightly higher. Clearly the market is looking to… Read more
Start Small, But Finish Big with Small Cap Investing
Warren Buffet has got to be one of the greatest investors of all time, and he certainly provides some great material for the media. I included the words quoted above… Read more
Financial Alchemy
Toward the end of his tenure, some started to wonder if former Fed Chief Alan Greenspan was a fool (after all, he left rates too low for… Read more
Good and Bad News?
First, the good news. Industrial production was up 0.8% in November. That’s the fourth gain in five months. Depleted inventories are being replenished, and this might actually… Read more
1.3% for U.S.
Retail sales rose by 1.3% in November. That was better than expected and makes for a solid counterpoint to the disappointment from Black Friday sales numbers. Auto… Read more
Why Deutsche Bank is Wrong About Oil
*****Deutsche Bank is out with its oil forecast for 2010. It believes reduced demand will keep oil prices at an average of $65 a barrel in 2010…. Read more
Dow Struggles at 10,500
One pillar of hope for the U.S. economy continues to deteriorate. Early estimates are that 169,00 jobs were lost last month (I assume this is a net… Read more