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Blood On The Street
Monday, May 23, 2011 - 9:02am | 237This morning, the major stock market indexes are declining sharply lower. The catalyst for the steep stock market decline is once again the stronger U.S. Dollar. When the dollar rallies or trades higher the major stock and commodities will deflate and simply trade lower. This morning the leading...
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Benzinga's Top Upgrades
Monday, May 23, 2011 - 7:16am | 134Societe Generale upgraded BP plc (NYSE: BP) from “hold” to “buy.” BP's shares closed at $45.00 on Friday. BP's trailing-twelve-month revenue is $309.77 billion. JP Morgan upgraded CF Industries Holdings Inc (NYSE: CF) from “neutral” to “overweight.” CF's shares closed at $139.06 on Friday. CF's...
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Trouble Awaits Italy ETF
Monday, May 23, 2011 - 3:01am | 417All of the other PIIGS have already been through their share of trials and tribulations. Some of those problems are still ongoing and the European debt crisis may be set to claim Italy, the “I” in PIGS, as its next victim. To its credit, Italy has not been slammed the way its PIGS brethren have...
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Sunday Morning Coffee
Sunday, May 22, 2011 - 7:22am | 599We said goodbye to a very old friend in the portfolio this week (going back to 2003-old in a couple of instances) as we existed Australia on the equity side of the portfolio. We sold Australia & New Zealand Bank (ANZBY) for large accounts and we sold ETFs for small accounts because they are...
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Benzinga's Political Roundup May 20, 2011
Friday, May 20, 2011 - 11:16am | 143BP (NYSE: BP) has received a deal to get more than $1 billion from one of its partners in the Gulf of Mexico disaster last year. The ECB said it may stop lending to banks using Greek government bonds as collateral. Goldman Sachs Group Inc. (NYSE: GS) executives are expecting to receive subpoenas...
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The U.S. Dollar Dictates Every Market Move
Friday, May 20, 2011 - 9:22am | 309This morning, the U.S. Dollar Index futures are trading by 0.29 cents to $75.59 a share. When the U.S. Dollar Index trades higher on the session the major stock indexes will usually deflate and trade lower. The energy sector looks to be declining the most in the early part of the trading session....
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Anadarko Petroleum Up 5% On BP News
Friday, May 20, 2011 - 8:00am | 92Anadarko Petroleum Corporation (NYSE: APC) shares are jumping this morning, gaining more than 5% after news hit this morning that BP (NYSE: BP) would be settling with Mitsui to pay over $1 billion in cleanup costs from the Maconodo well. Mitsui agreed to pay $1.065 billion, and this will resolve...
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Top 4 Mid-Cap Stocks In The Oil & Gas Pipelines Industry With The Lowest PEG Ratio
Friday, May 20, 2011 - 1:04am | 125Below are the top mid-cap oil & gas pipelines stocks on the NYSE and the NASDAQ in terms of PEG ratio El Paso Pipeline Partners LP (NYSE: EPB) has a PEG ratio of 1.71. EPB's trailing-twelve-month operating margin is 56.85%. Western Gas Partners LP (NYSE: WES) has a PEG ratio of 2.17. WES'...
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A Mega Cap ETF Joins the First Trust AlphaDEX Lineup
Thursday, May 19, 2011 - 3:04pm | 560Last month, First Trust introduced a group of 13 new AlphaDEX ETFs. For some reason, the First Trust Mega Cap AlphaDEX Fund (FMK) was not part of that launch. This was corrected last Thursday (5/12/11) with the listing of FMK. The AlphaDEX methodology (pdf) employs a proprietary, rules-based...
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Potential Trap? 05-19-2011
Thursday, May 19, 2011 - 1:56pm | 885Cusick's Corner It is hard to see a market top with the shift in retail sentiment from bullish to hedge happening so quickly. The market is moving to the upside with some decent breadth. The Dollar has been weak, a definite catalyst for equities, and the Euro currency found its bid this midday,...
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The World's Largest Supplier of Natural Gas - Gazprom (XOM)
Thursday, May 19, 2011 - 9:23am | 1277Today, I've invited my esteemed colleague Tyler Laundon to speak out and share his perspective on an emerging investment opportunity in energy. Tyler is the Lead Research Analyst for Small Cap Investor Pro and follows small caps, as well as commodities, on a daily...
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Afren beats production guidance ahead of high impact exploration drilling programme
Thursday, May 19, 2011 - 9:11am | 700Afren (LON:AFR), the FTSE 250 oil and gas group, said today that it was on course to deliver average production of 40,000 barrels of oil equivalent this year after putting in a strong performance during the first quarter. Of note, the Africa-focused exploration and production group reported that...
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Paul Crevello and the oil-rich possibilities for Bahamas Petroleum Company
Thursday, May 19, 2011 - 8:07am | 3219Dr Paul Crevello is no stranger to the oil-rich potential of the waters surrounding the golden beaches of The Bahamas. Time spent studying the regional geology in his graduate days was the prelude to 40 years as an exploration expert, working initially at Marathon Oil (NYSE:MRO) and then his own...
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CEOWORLD Top Leader Stocks ON 5/19/11- PHG, INTC, SPY, BIG, SLV, NBG, BP, TS, VOD, IWM
Thursday, May 19, 2011 - 7:59am | 1117Koninklijke Philips Electronics NV (PHG) is trading with Volume 556,100.00 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 27.53B. Royal Philips Electronics announced it is investing EUR 40 million...
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Dollars of Future Passed...
Wednesday, May 18, 2011 - 8:36pm | 2621There is so much talk these days regarding the end of the FED’s QE2 or quantitative Easing part 2 that has resulted in both professional and amateur investor confusion. Add to the mix the constant MOPE (Management of Perceived Expectations) from “B52 Ben’s” minions and throw in to the mix the...