The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 425.9 million barrels. The commercial c
The last time I wrote about Alibaba (BABA) was in June 2015 in the article titled:
Alibaba: Turnaround in Play, Current Stock Strength Will Continue
At the time the article was written, the stock was trading at about $90, since then the price increased about 88%. Alibaba is achieving strong year-over-year revenue and earnings increases. I see plenty of further growth ahead for the....More>>>
The tech-heavy Nasdaq closed higher for a fourth straight session Wednesday, while the Dow industrials finished lower, as stock investors digested hawkish comments from Federal Reserve speakers and a drop in U.S. gasoline inventories bolstered the energy sector.
I have been investing in the resource sector for the past five years. As most of you undoubtedly know, the sector is highly volatile. Therefore, I tend to look for names that I think have 50-100% upside or more, as I feel this is the kind of upside necessary, given the risks in the sector. I think Blackham Resources (OTCPK:BKHRF) is one such name.
I have about 15% of my overall portfolio....More>>>
Stifel’s Michael Scialla and Daniel Guffey warn investors not to chase the biggest gainers among the exploration & production stocks, including Denbury Resources (DNR) and Whiting Petroleum (WLL), and instead stick with more stable fare such as Anadarko Petroleum (APC), Rice Energy (RICE), and Continental Resources (CLR). They explain:
The stock market saw some volatile movements on Wednesday, and major market benchmarks moved in different directions in response to crosscurrents across the various sectors of the economy. On one hand, macroeconomic strength showed up in a favorable boost in private payroll figures, which confirmed the sense that the employment picture continued to improve. Yet the move also made a March interest....More>>>
We recently added a few new REITs to our Small Cap REIT Portfolio (as can be viewed in the Forbes Real Estate Investor).
Let’s face it, smaller REITs are risky investments, but they may have the potential for better growth than larger rivals. With large institutional investors more focused on major REITs like Simon Property Group (NYSE:SPG) or Ventas Inc. (NYSE:VTR), smaller REITs often....More>>>
The FOMC meeting announcement was just released following the two-day December Fed meeting. Here’s what we know so far…
As widely expected, the Fed raised its benchmark lending rate 0.25% to a new range of 0.50% to 0.75%. That makes a new midpoint of 0.625%. Market odds heading into today’s FOMC meeting announcement were 95%, according to CME Group’s FedWatch....More>>>
The Wheel of FORTUNE just concluded an interview, part of SA partnership with Cheddar TV to produce a Seeking Alpha "Idea of the Month" slot. These interviews are always a challenge because i) they are very short in nature (only 4-5 minutes), and ii) since it's live TV we are dealing
Pico Far East Holdings (OTC:PCOFF) [HKG:752], Asia's largest exhibition services provider, trades at an ex-net cash trailing P/E of just 10 times. This represents attractive valuations for a market leader which has generated 15-20% ROEs in the past decade and also has been profitable and free c
Have you ever "unplugged" from your cell phone? If you have, you've likely experienced the phenomenon of phantom vibrations -- the perception that your phone is ringing or vibrating when in fact it's not. (In the 1990s, people reported incidences of "phantom pager syndrome.")