Energy
Can Bank of America Break $14?
I’m still miffed at Fed Chief Ben Bernanke for not speaking with confidence about the U.S. economy. For a group to succeed, it must… Read more
What Basel III Means for Banks
On Friday, I wrote that the new banking capitalization rules coming out of the weekend meetings in Basel, Read more
How to Play Oil Prices
I spent much of last week telling Daily Profit that oil prices were set to rally. Oil prices found a bottom on Tuesday June 8 at $70 a… Read more
My Energy Policy
After yesterday’s bullish
close, I was hoping that we might see something that’s been extremely rare
lately: two consecutive up days.
The… Read more
Greek Tragedy
Just yesterday, we discussed how stock market plunges can be set off by what amounts to a “global margin call.” And that’s… Read more
Earnings Season
Finally.
The Oil Fallacy
Oil is holding above $86 a barrel. And yet analysts still cling to the notion that oil should be driven by the… Read more
Google and China
The financial media is jumping to the conclusion that recent weakness for stock prices is related to the ongoing Greek bailout saga…. Read more
Sovereign Wealth Fund and Commercial Real Estate
The AP is reporting that