New York, NY, based Investment company BlueMountain Capital Management, LLC buys Halcon Resources Corp, Lululemon Athletica Inc, Urban Outfitters Inc, Deckers Outdoor Corp, Activision Blizzard Inc, Sprouts Farmers Market Inc, Vistra Energy Corp, Coca-Cola European Partners PLC, Domino’s Pizza Inc, Nordstrom Inc, sells Bob Evans Farms Inc, C&J Energy Services Inc, Changyou.com, SPDR Dow....More>>>
Aramco, the world’s most profitable oil company, has Wall Street drooling over its potential $2 trillion valuation when it finally goes public.
But what most investors don’t know is that Saudi Arabia plans to use that $2 trillion to fund developments in solar energy.
And you can profit well before the IPO…
Here’s what the Saudi government is really....More>>>
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 106 billion cubic feet for the week ending May 11.
Analysts were expecting a storage injection of between 97 billion and 109 billion cubic feet. The five-year average for the week is an injection of 87 billion cubic feet, and last year’s storage increase for the week....More>>>
&l;p&g;There are two vastly different groups of people in the retirement world: those who have a thorough plan and those who do not. The first group of investors has a well-thought-out strategy defined in writing &a;mdash; a written financial plan. The second group of investors might think they have a strategy but ultimately don&a;rsquo;t, since they lack a written plan.
After three challenging years, the oil market is showing real signs of improvement. Oil prices, which many in the industry expected would be at or below $50 a barrel this year, are now above $70. Crude might not be done running higher due in part to the fact that oil producers in the U.S. are taking a much different approach to how they allocate their oil-fueled cash flows.
That trend was....More>>>
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 89 billion cubic feet for the week ending April 27.
Analysts were expecting a storage injection of between 83 billion and 95 billion cubic feet. The five-year average for the week is an injection of 75 billion cubic feet, and last year’s storage increase for the week....More>>>
Dr. Kent Moors
In its recent 2018 budget, the Trump administration included a huge energy announcement.
While it went mostly under the radar, the budget included a proposal to sell half of the U.S. Strategic Petroleum Reserve (SPR) for some extra revenue.
Now, the SPR was originally established by Congress in 1975 after the 1973-74 Arab Oil Embargo wreaked havoc on America’s....More>>>
Procter & Gamble Co. (NYSE: PG) posted a share price loss of 1.3% last week, not much, but enough to maintain its rank as the worst-performing Dow Jones industrialaverage stock of the year to date. So far in 2018, the shares have lost 20.8%.
The second-worst Dow stock so far this year is General Electric Co. (NYSE: GE), which is down 17.6%. That is followed by 3M Co. (NYSE: MMM), down....More>>>
The Wall Street Journal published a superb example of hopium recently in a sunny-side-up story entitled “U. S. Manufacturing Rides Rising Tide, Buoyed by Global Growth, Optimism.”
Indeed, this lazy cheerleading excuse for journalism captured the sum and substance of why the punters keep buying the dips despite troubles gathering all around.
That is, as the tax bill falters,....More>>>
New York, NY, based Investment company Owl Creek Asset Management, L.P. buys T-Mobile US Inc, Delta Air Lines Inc, Verizon Communications Inc, Industrea Acquisition Corp, NRG Energy Inc, Pensare Acquisition Corp, Sprint Corp, Kayne Anderson Acquisition Corp, Navios Maritime Acquisition Corp, Social Capital Hedosophia Holdings Corp, sells Herbalife, United Continental Holdings Inc, CIT Group Inc,....More>>>