Chevron (CVX - 61.02) is reporting a $4 billion dollar first quarter profit, Exxon Mobil (XOM - 63.08) $8.4 billion, and ConocoPhillips (COP - 66.90 ) $3.29 billion. This past week these companies have been releasing their first quarter reports and many people are starting to wonder about these companies and the high oil (72)prices. I imagine the public and several politicians will be putting pressure on these companies looking for answers. Read more…
Stocks
CEO, COP, CVX, oil, PTR, SHI, SNP, XOM
Hedge funds have been talked about by so many people and yet many people really have no idea what they are or what is a hedge fund manager. A hedge fund is a fund set up privately with partners and the investments go outside of traditionally investments. Hedge funds will invest in gaming if the odds are good enough and they will make money. Read more…
Hedge Funds
The Dow has hit 6 year highs as it rose 71.24 to 11,354.49. Among the movers was GM as analyst move in to give their word about this potentially explosive stock in the future. GM moved up 1.74 to 23.15 a 8% percent increase in one day. Analysts are expecting GM to bring 15 percent increase in first quarter profit. Read more…
Stocks
DOW, GM
Japan is jumping the trend that hit the USA not so many years ago. Day trading once a hobby for some is fast becoming a profession for many. A full time job enjoyed by many because of the freedom involved in the job and they fell they are not bringing a profit for the corporate world, but a profit for themselves. Read more…
Stocks
The prices of the metals are moving up just as fast as the prices of oil. Here is a metal round-up of the current prices and where they are expected to go. Read more…
Futures and Commodities
copper, gold, silver
For the past few months the US dollar has been falling to several currencies including the Japanese Yen (114.600). Currently the USD is at a 7 month low to the Euro (0.807087) and a 3 month low to the Yen. The fall is coming from the two year end of interest rates from the Federal Reserve and the way China under cuts their currency. Read more…
Forex
Dollar, Yuan
US auto makers are driving away investors because of negative numbers and at the same time oil companies are getting the attention of many because of all time profit. Whats driving these companies in two different directions? The price of oil plays in, but there are other things contributing to this mayhem. Read more…
Futures and Commodities
F
People are seeing signs that the fed is easing up on interest rates and this has sent oil past $71 a barrel and analyst are looking for oil to soar past $80. The energy markets will be seeing all time profits again this year if the oil continues to sky rocket. Where can we put our little money to get in on this upward trend? Read more…
Futures and Commodities
oil
You were not there for the California Gold Rush in 1848, but you are here for the gold rush of today. Five years ago the price of gold was about $270 and today the price has jumped to $616 and still moving in the up direction. Gold hasn’t been at these prices since like this since 1980’s. Read more…
Futures and Commodities
gold
