U.S. stock markets were mixed Monday as investors await the results of today's midterm elections. The Nasdaq and S&P 500 ended the day in the red. The Dow Jones today tacked on 17 points. With oil prices slumping more than 3% to multi-year lows Tuesday, energy stocks plunged again.
Oil prices have tanked since June, with WTI and Brent crude both hitting multi-year lows this month.
But that doesn't mean investors should go running from the energy sector. In fact, this natural gas stock is presenting a major profit opportunity as we look toward the end of 2014.
With the stock market now roaring back, investors are left to wonder whether the worst is behind us - or if there's more pain yet to come.
While every segment of the market felt the brunt of the sell-off, energy seemed to drop with a vengeance... but it didn't last for long. As the market bottomed out, energy stocks led the recovery, posting big advances.
Bill Smith, a Delaware fuel trader, calls it "the most stupid law ever on the books" - yet for a number of shipping stocks, it means essentially built-in share-price gains.
It's called the Jones Act and it's nothing less than a sweetheart deal for the handful of U.S. energy companies whose profits are practically "guaranteed" by law.
For 40 years, U.S. crude oil exports were illegal. For shipping companies, that ban meant billions in potential revenue were out of reach.
But with the export ban thawing, shipping companies are starting to ramp up for the coming U.S. oil export boom.
A select group of coal stocks just got a boost from the Environmental Protection Agency.
The EPA is requiring that all coal-fired generating facilities introduce sulfur scrubbers to decrease the amount of sulfur dioxide pollution entering the atmosphere, with the effect of encouraging the use of "dirtier" coal from the Illinois Basin at the expense of higher-grade Appalachian coal.
The DJIA rose Tuesday after investors took a hard look at language used by the Federal Reserve and expect the central bank to be less hawkish on interest rates in the near term.
Today saw strong its strongest gains in the energy sector, fueled by rising oil prices. Brent crude, priced in London, increased 1.4%, while U.S. crude futures in New York were up 2%.
Natural gas prices, like any commodity, are affected by supply and demand - but weather plays a main role in this energy's cost.
In order to forecast where natural gas prices will be trading in coming months, it's important to look at what's expected for this winter and how much temperatures will differ from region to region.
In our Aug. 11 Private Briefing report "What Does This 'Mysterious Signal' Tell Us About CB&I?" we said we suspected that super-investor Warren Buffett would use the sell-off in Chicago Bridge & Iron to boost his stake in the Netherlands-based infrastructure specialist.
That's exactly what happened.
Richard D. Kinder, the Houston billionaire behind the Kinder Morgan Inc. (NYSE: KMI) empire, announced late Sunday he is combining his pipeline offshoots under one roof. KMI stock soared on the news 15% intraday to a 52-week high of $42.49.
Chesapeake Energy Corp. (NYSE: CHK) stock closed up nearly 0.5%, despite the fact that the company reported a net income loss of 67% compared to the previous year.
CHK reported Q2 net income of $0.22 per share, which was down from $0.66 per share in the same quarter last year. Excluding one-time items, earnings per share (EPS) was $0.36. That was down from the $0.44 per share analysts polled by Bloomberg had anticipated.
While commodities have been dominating our best stocks to buy lists lately, that's not the only asset hitting our radar...
Our new best stocks list includes a blue chip giant that's beating the broader market by roughly 50%, five small-cap stocks on the rise, and one generic drug-maker to buy now.
No one would have ever thought that a 700-page book on economics like Thomas Piketty's Capital in the Twenty-First Century would hit the best-seller lists and become a lightning rod for political controversy.
What does Piketty's Capital in the Twenty-First Century have to do with making money in energy? A lot more than you might think.
It's hard to imagine as we swelter in the summer heat, but many countries are going to be in real trouble this winter. Wars, rebel activities, and geopolitical struggles will mean a possible energy shortage throughout Europe and Asia.
It's one thing to watch these struggles from afar. It's something else entirely when it hits closer to home.
Each week our experts dish out the latest profit plays for our Money Morning Members - all for free.
Last week our picks included two ways to cash in on sub-Saharan Africa's $1 trillion resource rush, a leader-turned-laggard that's about to reverse course and bring tremendous upside to investors, and a way to profit from the end of the U.S. oil export ban.