Latest Updates on OXY
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Oil Oil Nearing Buy of the Century
It feels like forever since WTI crude hit 120 in June as it is sitting around $75 a barrel today as oil continues its plunged towards lowest levels of 2021.But this weakness could be getting close to lows says Money Morning trader Garrett Baldwin, who … Read more » -
Oil The Diesel Crisis Is Getting Worse - Here's What to Do
Here in the U.S., the nation remains under 25 days' diesel supply.With cold weather and snow pressing across the Northeast, American citizens are forced to cut back on heating oil.They’re turning off their thermostats – wrapping themselves in blankets … Read more » -
Oil “Windfall Tax” or Not, These Oil Stocks Are Still a Buy
President Biden took another jab at Big Oil yesterday, taking aim at a record $30 billion in combined industry earnings this quarter.He threatened higher taxes on oil companies should they fail to work to lower consumer gas prices.Americans continue to … Read more » -
Options The Best Trades to Profit on the Oil and Gas Recovery
The term “supercycle” – an extended, mega-bullish run that can take years to run its course – has been making a lot of headlines lately, particularly when it comes to crude oil.And whether you’ve been through a supercycle before or it’s your … Read more » -
Oil The Oil Sector Is Getting Ahead of Itself - Here's How to Profit
It feels like 10 years ago, but it's really only been about seven weeks since that fateful April 20, when a COVID-19-driven collapse in demand pummeled West Texas Intermediate crude oil futures. Prices hit the floor, fell through it, … Read more » -
stocks Markets Live Recap: The S&P 500 Just Turned Positive YTD
The S&P 500 erased all of its 2020 losses on Monday as investors continued their bullishness on the reopening of the economy. The S&P 500 closed 1.2% higher, the Dow jumped 1.7%, and the Nasdaq was up 1.1%. Read more » -
Dow Jones The Dow Jones Industrial Average Rebounds Today After Monday's 7% Drop
The Dow Jones Industrial Average could gain back some of yesterday's losses after the Trump administration floated the possibility of a payroll tax cut. The plan is to ward off any negative economic impact from the coronavirus. The … Read more » -
Stocks Warren Buffett Has a Blind Spot for These 3 Dividend Stocks
When interest rates are as low as they are right now, currently under 2%, investors have to turn to stocks to find higher yields. But according to Warren Buffett, chair of Berkshire Hathaway Inc., chasing after yield with risky or exotic … Read more » -
Stocks Warren Buffett Just Added a New Stock to His Portfolio... and VQScore Agrees It's a "Strong Buy" for 2020
Each quarter, investors clamor to dissect the quarterly filings of institutional investment managers with at least $100 million in equity assets under management. These filings are known as SEC Form 13F. The documents tell you exactly what … Read more » -
Dow Jones The Dow Jones Industrial Average Will Stay Flat on Global Trade Jitters
The Dow Jones Industrial Average will see minimal growth today as trade talks between the U.S. and China continue to stall. China has asked the United States to drop existing and planned tariffs in order to streamline a phase one deal. Read more » -
Energy Why the Best Solar Stocks Are More Than Doubling
Our best solar stocks have nearly doubled on average in the last year. But there's likely more growth on the horizon. In fact, our top solar stock could go up 66% in the next 12 months. But even that projection is modest with … Read more » -
The Dow Jones Today Will Get a Boost from the Federal Budget Deal
The Dow Jones today is gaining as Congress has reached a deal to extend the U.S. debt ceiling for another two years. President Trump announced the deal Monday night on Twitter and commended Senate Majority Leader Mitch McConnell, Senate … Read more » -
Dow Jones Today Why the Dow Jones Industrial Average Is Sinking Again
The Dow Jones Industrial Average will fall by triple digits today as markets continue to worry about pending U.S. tariffs on Chinese goods. Investors are hoping for a resolution by the end of the week. Read more » -
Dow Jones The Dow Jones Today Will Plunge on Chinese Tariff News
The Dow Jones today could lose up to 500 points on news that Chinese leaders may cancel their Washington visit after Trump announced more possible tariffs on Twitter. Read more » -
Dow Jones How Earnings Will Fuel a Triple-Digit Rally in the Dow Jones Today
The Dow Jones today will grow after a stronger-than-expected earnings report from McDonald's. Read more »
