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Two Safe Ways to Profit From the "Alibaba Shockwave Effect"

In the mid-1990s, I was fortunate to meet and start working with an Upstate New York money manager named Anthony M. Gallea.

The relationship began when I attended and wrote stories about some of the investment seminars he periodically held for prospective and existing clients. He then became a “source” for some of the investment stories I periodically wrote for Gannett Newspapers. And we ultimately collaborated on a pretty successful book about “Contrarian Investing” that was published by Prentice Hall.

Along the way, Tony shared some pretty important snippets of investing wisdom…

Category

Oil- Money Morning - Only the News You Can Profit From.

  • Oil Prices Will Continue to Rocket

    Everyone wants to know why the price at the pump just keeps going higher.

    The last time I discussed this issue was in late April. Since then, pump prices in the United States have jumped more than 12%.

    Five years ago, the global oil market hit "panic" prices that ultimately exceeded $147 a barrel,

    There were two reasons for this...

  • The Oil "Crisis Spike" Is Just Getting Started

    First there was the crisis in Ukraine. Then, seemingly out of nowhere, Iraq exploded into chaos again.

    Both testify to one simple truth about today's energy sector: Geopolitical factors are the quintessential wild cards when it comes to estimating energy prices.

    As for crude, prices have been subdued both yesterday and this morning following a crisis-related spike. But with two full-blown crises now looming, you can bet that's not going to last.

    Oil prices are now likely headed higher.

    In this case, supply and demand only works in the textbooks. These days, geopolitical events can quickly outdistance the "market-only" factors.

    That's especially true in Iraq, where insurgents of the Islamic State of Iraq and the Levant (ISIL) are still on the move…

    Full story

  • Crude Oil Prices Soaring on New Attacks in Iraq; Here's Where They're Headed

    Crude oil prices are hovering near 52-week highs this morning (Wednesday), following news that Sunni militant fighters have attacked Iraq's main oil refinery in the city of Baiji.

    Importantly, today's attack does not impact export production or export routes, but that doesn't mean that the mounting crisis won't have a major impact on crude oil prices today.

    Here’s where oil prices are headed as this crisis continues to unfold...

  • What's Ahead for Oil Stocks and ETFs as Iraq Turmoil Continues

    Oil stocks and oil exchange-traded funds (ETFs) are getting more attention as oil futures close out their biggest weekly gain of the year.

    Oil prices rallied for a third consecutive day Friday as Sunni militants continued their advance toward Baghdad, stoking fears that Iraq is headed for civil war and its abundant oil exports could be in jeopardy.

    While oil prices will rise, not all stocks will follow. Here's the deal...

  • Time for a Post-Petrodollar Profit Play

    Beware of unintended consequences.

    That's the advice I'd give Western leaders when imposing sanctions on Russia over the Ukraine crisis.

    You see, Putin's been racking up his air miles, hastening the pace to replace the petrodollar.

    It's a topic I recently discussed here, along with an investment idea for a "counterattack."

    At the end of Putin's two-day trip to China last week, the two nations signed a landmark natural gas supply deal, driving another large nail in the dollar's coffin.

    Full Story

  • Iran's "Oil Show" Just Revealed a Huge Opportunity

    Let's face it: Iran isn't at the top of anyone's list when considering all the profit opportunities out there in the world. At least, not yet…

    You see, Iran is changing – and quickly.

    Its new political regime at least appears to be increasingly open to the West.

    Its old-style buyback contracts with international oil companies have long been considered high-risk with little or no flexibility; they essentially allowed Iran to own the oil company assets and allow the company a stream of profit.

    But the isolated nation recently announced the introduction of a new generation of oil contract, one that promises to be considerably friendlier to foreign partners.

    Full Story...

  • We Struck Oil… Lots of Oil

    In December 2013, I let our readers in on a way to invest directly in a new oil and gas drilling venture.

    In the time since, I've been spending a great deal of time at the drilling site in South Texas, keeping an eye on the progress.

    Now, there's news to report. Great news... It's a gusher!

  • How to Profit When Oil and Gas Stocks Hit the Bargain Rack

    Over the past week, oil and gas stocks have been quite volatile. But that's not bad news – not by a long shot.

    In fact, this is always the time when energy investors should be on the hunt for bargains.

    And there's one approach that works especially well in this situation...

  • Why the Oil Price "Spread" Is Getting Tighter

    The oil price spread between West Texas Intermediate and Brent is tightening again.

    As of this morning, this spread stood at 7.2% of the WTI rate (the more accurate way to register its impact in the U.S. market).

    And as this oil price spread continues to narrow, it promises to create some direct consequences for energy investors.

    Here's what's behind it, and what investors need to know moving forward...

  • Gas Prices Are Heading Up (and the Sector That Will Benefit)

    The price of gasoline in the U.S. is on the rise again.

    Futures prices for RBOB ("Reformulated Blendstock for Oxygenate Blending"), the NYMEX futures contract for gasoline, are up over 11% for the year, and a full 6.6% of that increase has come in the past month.

    In fact, gas is up 2.4% over the past week alone. Today, the average retail price is 4 cents higher per gallon than a year ago.

    And you can bet that as we move into the "official" start of the summer driving season, the worst is yet to come. Prices will be headed even higher.

    So with all the hoopla surrounding our newfound oil wealth and our legitimate move to become energy self-sufficient in as little as a decade, why are gas prices still climbing?

    Let me explain...