Oil

How the Saudi Oil Attacks Will Impact Crude Prices

By Matt Warder, Director of Research, Money Morning • Wednesday, September 18, 2019

Investors on Monday digested news of the massive drone attacks on Saudi Arabian oil infrastructure at Abqaiq and Khurais. Stocks took it pretty well, it has to be said; the Dow slid around 0.27% as an "oil shock" that would've sent indexes tumbling hundreds of points 10 or 20 years ago rippled through the broader markets.

Oil, on the other hand, is seeing virtually unprecedented volatility. Prices for crude have jumped by as much as $10 a barrel following the disruption of around half of Saudi Arabia's daily output. Prices then lurched lower yesterday when Saudi Energy Minister Prince Abdulaziz bin Salman suggested oil supply will be back online by the end of September.

As we'll see in a second, the ground reality is probably more complicated than that, and traders are still deeply conflicted about the big picture.

The top priority for investors right now is to get a handle on the “ceiling and floor” for crude prices...

One of the Best Healthcare Stocks Is Poised to Break Out

Once again, our proprietary VQScore system has beaten analysts to the punch and identified an under-the-radar stock sitting right in the “Buy Zone.” This time, it’s a leading healthcare stock that owns almost 30% of the entire U.S. pharmacy-retail market. Now, it's recently taken a tumble from weak earnings reports and a botched merger. But don’t let that fool you – the company is working on designs to revolutionize personal care with virtual reality and AI.

Investors who get in now could see big returns in the months ahead...

Marijuana Industry

These Canadian Cannabis Stocks Are Going Global

Despite the United States making major progress with legalization this year, it still has a ways to go if it wants to compete in the global cannabis market. Canada already has a leg up on the competition, having legalized full use of the plant back in 2018. Gone are the restrictions and the stigma, and in are the supply chains, legal and banking services, and European expansion plans. That’s right, Canada is going international with its cannabis business.

And these two pot stocks will give you a head start on those profits…