-
7 Shipping and Business Service Stocks Yielding Over 5%
Tuesday, February 22, 2011 - 10:33pm | 138By Roger Choudhury and the Investment Underground editors We searched for exploration and production (E&P) companies with undervalued natural gas reserves. We think Exxon Mobil's (XOM) purchase of XTO, in addition to the flurry of deals completed by Chesapeake (CHK) has put a floor on...
-
Volatility Is Back & Complacency Is Challenged 02-22-2011
Tuesday, February 22, 2011 - 6:49pm | 910Cusick's Corner This was clearly a seller's day. Profits were booked early and then later in a muted rally attempt into the afternoon. While this did not feel like a panicked-filled sell session, the tone or should I say the volatility changed, creating a bigger window for traders (specifically...
-
Top Trade Ideas for Wednesday, February 23
Tuesday, February 22, 2011 - 5:25pm | 2129( click to enlarge ) Rambus Inc. (NASDAQ:RMBS) broke its short-term uptrend line support and %K has crossed below %D line, indicating further declines. Nevertheless, the stock could find some support here near of its 50-day moving average, but the trend is now in favor of Shorts. Let's keep an...
-
Will The Banks Buy The Dip?
Tuesday, February 22, 2011 - 3:26pm | 367Nearly every trading day since late August 2010 the dip in the stock market has been bought. Many professional traders and investors suspect that the large major banks buy the major stock indexes just before the Federal Reserve Bank initiates their daily permanent open market operation (POMO). It...
-
Libya Dominating Headlines 02-22-2011
Tuesday, February 22, 2011 - 2:49pm | 1058Cusick's Corner The headline risk just became a reality for now. With the Middle East, most notably Libya, dominating the headlines and continued local unrest at the state level, Wisconsin proposing to drop the public union's collective bargaining rights and now potentially Ohio, the market has...
-
Markets Tumble As Chevron And Exxon Rally
Tuesday, February 22, 2011 - 11:58am | 202While the markets are being slammed on the back of Libya, Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) are spiking dramatically higher. This is a clear reaction to a major spike higher in oil. Libya is the largest producer of oil in North Africa and accounts for about 2%...
-
An Income Producing Natural Gas Investment (CMLP)
Tuesday, February 22, 2011 - 11:22am | 735Income investors are frequently looking for high yield investments in the energy sector, and the master limited partnership (MLP) is one of my favorite structures to help investors meet that goal.An MLP is a common organizational structure for oil and natural gas...
-
An Income Producing Natural Gas Investment (CMLP)
Tuesday, February 22, 2011 - 11:22am | 735Income investors are frequently looking for high yield investments in the energy sector, and the master limited partnership (MLP) is one of my favorite structures to help investors meet that goal.An MLP is a common organizational structure for oil and natural gas...
-
UBS Downs WES to Neutral
Tuesday, February 22, 2011 - 7:23am | 52Analysts at UBS downgrade Western Gas Partners LP (NYSE: WES) from “buy” to “neutral.” The target price for WES has been raised from $33 to $34. WES shares fell 0.60% to close at $35.04 on Friday. More Analyst Ratings here
-
BHP To Acquire $4.75B In Chesapeake Energy Assets
Monday, February 21, 2011 - 6:58pm | 287BHP Billiton (NYSE: BHP), the world's largest mining company, will pay $4.75 billion to acquire Fayetteville shale properties from Oklahoma-based Chesapeake Energy (NYSE: CHK), the second-largest U.S. natural gas producer. The acquisition comes just days after BHP CEO Marius Kloppers told an...
-
Libya Situation Forces BP, Statoil To Halt Operations
Monday, February 21, 2011 - 5:57am | 194BP (NYSE: BP), Europe's second-largest oil company, and Statoil (NYSE: STO), Norway's largest oil company, have suspended their Libya operations among growing civil unrest in the home to Africa's largest oil reserves. Libya is a member of the Organization of Petroleum Exporting Countries (OPEC)....
-
Fast Money Picks For February 22nd (BAX, AMD, PBR, PAAS, SLW)
Friday, February 18, 2011 - 8:08pm | 267On CNBC's Fast Money, Joe Terranova said that investors should not ignore health care names. He recommended Baxter International Inc. (NYSE: BAX) as a buy. Baxter International Inc. (BAX) gained 0.91% today, and closed at $53.03. Brian Kelly likes Advanced Micro Devices, Inc. (NYSE: AMD), and he...
-
Benzinga's Political Roundup (BP, AAPL)
Friday, February 18, 2011 - 12:13pm | 189The People's Bank of China raised banks' reserve requirement ratio by 50 basis points to 19.5%, as it tried to stave off inflation. Republicans are trying to delay and defund Dodd-Frank. A federal judge ordered the Obama administration to make a decision within 30 days whether to grant five...
-
USO Catches A Bid
Friday, February 18, 2011 - 9:53am | 154United States Oil Fund(NYSE: USO) is trading higher this morning by 0.40 cents. The highly popular USO found good daily chart support around the $35.50 area. The USO has bounced from that daily chart support level. This morning short term scalp traders should watch the $36.50 level as some minor...
-
Under The Hood: No Gas Pains With This Nat Gas ETF
Thursday, February 17, 2011 - 4:01pm | 465Apply any and all flatulence metaphors deemed appropriate and you'll have a humorous, yet accurate way of describing the performance of natural gas futures over the past few years. Simply put, nat gas futures have been in a tailspin since the commodities bubble burst in 2008 and now reside below $4...