The Dow Jones Industrial Average today is rising in premarket hours as oil prices push higher.
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November 2016 - Page 2 of 27 - Money Morning - Only the News You Can Profit From
Sharp Gains In Crude Oil Prices Lift Global Stock Markets Wednesday
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World equity markets were mostly firmer Wednesday amid sharply higher crude oil prices. U.S. stock indexes are pointed toward firmer openings when the New York day session begins.
Traders and investors worldwide are anxiously awaiting the results of the OPEC oil cartel meeting that began Wednesday in Vienna, Austria. Crude oil prices are sharply higher on reports Iran's oil minister said he believes a deal to curtail the cartel's collective crude oil production will be reached, even though Iran does not want to immediately scale back its output.
How to Invest in Energy with the Middle East on the Brink
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I just got back from Abu Dhabi, in the United Arab Emirates, where I attended a series of meetings with colleagues from across the energy "universe."
The scope and pace of development in this Persian Gulf city-state are staggering. Just five years ago, the astonishing, massive Etihad Tower complex we stayed in didn't even exist. This place is constantly expanding and reinventing itself.
So Abu Dhabi was an apt setting to discuss the sweeping changes that will shape the immediate future of energy investing – changes that threaten the fragile political order of the Middle East and will likely force a redrawing of U.S. security interests.
Everything is in flux right now, so I'm recommending energy investors look at one particular kind of oil producer that should prove largely insulated from what's coming next.
But first, let me show you what's at stake here...
Dow Jones Industrial Average Jumps Despite Drop in Oil Prices
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The Dow Jones Industrial Average today climbed before the OPEC meeting.
Investors are still skeptical if OPEC will reach a deal to cap excessive oil production.
Will the November OPEC Meeting Fail?
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The November OPEC meeting is tomorrow and the stakes are high for the entire energy sector.
The cartel will try to reach its first official production agreement since 2008 in a bid to raise global crude oil prices.
A Trump Presidency Means Good Things for This Pharma Stock
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On Nov. 8, eight states passed weed legalization initiatives.
Now cash is flooding the sector, and one pharma stock is already pulling ahead of the pack...
Could Trump's Conflicts of Interest Keep Him from the White House?
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Could Trump's conflicts of interest keep him from the White House?
One Maryland senator seems to think so - and he's about to ask Congress to act right now...
One of the Best Pot Stocks to Buy Now Could Soar 30%
One of our favorite pot stocks to buy now could soar 30% over the next 12 months.
That's because the company just made a strategic investment in a technology that will be highly beneficial for marijuana growers.
Here's why we're excited about this stock's potential...
Is Trumponomics Reaganomics 2.0?
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So far, the nuts and bolts of Trumponomics – shorthand for President Donald Trump's economic plan – have many recalling similar proposals made under President Ronald Reagan.
That's touched off speculation that Trumponomics might be able to duplicate the mid-1980s economic boom triggered by Reaganomics.
But while the plans have much in common, the economic landscape is much different.
Here's where Trumponomics will succeed - and where it won't...
Why the Under Armour Stock Ticker Is Changing (NYSE: UAA)
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Shares of Under Armour Inc. (NYSE: UA) are jumping following news that the sporting goods retailer is changing its stock ticker to "UAA."
The aim is close the widening gap between its share classes.
Here are the details behind the Under Armour stock ticker change...
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