Natural-gas futures finished slightly lower Friday as ample supplies of the fuel and a mild weather outlook weighed on the market.
Natural-gas futures finished slightly lower Friday as ample supplies of the fuel and a mild weather outlook weighed on the market.
China took a big leap into the U.S. renewable energy market Thursday, putting up $1.5 billion for a 36,000-acre wind farm in Texas with the power to light up 180,000 homes.
China took a big leap into the U.S. renewable energy market Thursday, putting up $1.5 billion for a 36,000-acre wind farm in Texas with the power to light up 180,000 homes.
Crude futures fell Friday, as doubts returned about the pace of the U.S. economic recovery, despite the previous day’s report of stronger-than-expected GDP growth.
Crude futures fell Friday, as doubts returned about the pace of the U.S. economic recovery, despite the previous day’s report of stronger-than-expected GDP growth.
The GDP numbers out yesterday, which showed economic growth at 3.5% in the third quarter, brought a deafening chorus from public and private economists who all agreed that the recession is officially over. With such a strong report, they are happy to tell us that not only has the Fat Lady finished her aria, but she has left the building and is sipping champagne in the bath. As usual, it falls on me to rain on the parade.
Crude futures settled sharply higher Thursday as the pace of the U.S. economic recovery quickened.
Crude futures settled sharply higher Thursday as the pace of the U.S. economic recovery quickened.
Natural gas futures ended flat Thursday as traders weighed signs of
economic recovery against mixed weather forecasts and a glut of supply.
Natural gas futures ended flat Thursday as traders weighed signs of
economic recovery against mixed weather forecasts and a glut of supply.
An amendment introduced by Iowa Congressman Tom Latham (R-District 4) to delay, for one year, any Environmental Protection Agency (EPA) rule to require mandatory reporting of greenhouse gas (GHG) emissions from manure management systems recently passed.
An amendment introduced by Iowa Congressman Tom Latham (R-District 4) to delay, for one year, any Environmental Protection Agency (EPA) rule to require mandatory reporting of greenhouse gas (GHG) emissions from manure management systems recently passed.
Natural gas prices posted decreases at both the spot and futures markets since last Wednesday. Spot prices fell at virtually all market locations in the lower 48 States, with decreases ranging between 6 and 46 cents per million Btu (MMBtu).
Natural gas prices posted decreases at both the spot and futures markets since last Wednesday. Spot prices fell at virtually all market locations in the lower 48 States, with decreases ranging between 6 and 46 cents per million Btu (MMBtu).
Crude futures rose Thursday on new evidence that U.S. economic growth is picking up.
Crude futures rose Thursday on new evidence that U.S. economic growth is picking up.
Should we end the Fed, or Goldman Sachs?
Legal Document
The U.S. average price for regular gasoline increased for the third
consecutive week, shooting up a dime to $2.67 per gallon. For the first
time since October 20, 2008, the national average price is now higher
than it was the year before.
The U.S. average price for regular gasoline increased for the third
consecutive week, shooting up a dime to $2.67 per gallon. For the first
time since October 20, 2008, the national average price is now higher
than it was the year before.
Distillate (including diesel) is the second largest petroleum product
consumed in the United States, used for everything from fuel for trucks
and trains to residential heating and even a small amount of power
generation.
Distillate (including diesel) is the second largest petroleum product
consumed in the United States, used for everything from fuel for trucks
and trains to residential heating and even a small amount of power
generation.
Crude futures dropped to a two-week low under $78 a barrel Wednesday on
an unexpected rise in U.S. gasoline stocks and further strengthening in
the dollar.
Crude futures dropped to a two-week low under $78 a barrel Wednesday on
an unexpected rise in U.S. gasoline stocks and further strengthening in
the dollar.
Natural gas futures slumped Wednesday, pressured lower by mixed weather
forecasts and book-squaring ahead of the November contract expiration.
Natural gas futures slumped Wednesday, pressured lower by mixed weather
forecasts and book-squaring ahead of the November contract expiration.
October 21st, 2009 Honorable John F. Keenan US District Court
40 Foley Square
New York, NY 10007
Martin A. Armstrong #12518-050
FCl Fort Dix camp PO Box 2000
Fort Dix, NJ 08640
Your Honor; ~NJ’I'}~===CE~ . .:…: —-=In~t::en~t~to::::::…::..F~i:.::l::::e:……..:::n::..::trler:::::::::……:A=ctual::.::::· ==-=Incx:x::Ence=— _
I am writing to provide you with notice that I intend to file under the Actual Innocence Exception. What took place in my case was certainly not in the Public Interest, for the “public” is entitled to the truth, not a pretense to injus
Crude oil futures traded lower in London Wednesday as it came under
pressure after the dollar soared against several currencies amid
growing concerns over economic recovery.
Crude oil futures traded lower in London Wednesday as it came under
pressure after the dollar soared against several currencies amid
growing concerns over economic recovery.
Piece by piece, pump by pump, a half-built ethanol plant in south-central Nebraska is being auctioned off.
Piece by piece, pump by pump, a half-built ethanol plant in south-central Nebraska is being auctioned off.
I like Fauquier Banshares (FBSS) below $15, it only has an ADV of 1000 shares so be careful bidding. Lloyds Banking Group plc (LYG) at $7.25 is a good buy. My target for both is $25-$28 range.
September 17, 2009Personally I thought the idea of people paying to use coin counting machines was insane. But I was wrong. They put those Coinstar (CSTR) machines in and the people came. There were lines at the supermarket to use it. I couldn’t believe it. But that was then. The “change” must have run out. I haven’t seen one of those machines used in some time. Coinstar does have other machines and an investment in Red Box, but the easy money days of counting change appear to be over.
Costco (COST) saw decreased sales this quarter and missed their numbers, but the real reason I may downgrade — they are starting a trial at two NYC area stores to accept food stamps. Costco, because it charges a membership fee, is like an oasis in the urban jungle. If they start accepting food stamps, it will make it no different than any other large city retailer, think Target or K-Mart.
Mr. Gioia points to the Costco on Vernon Boulevard in Long Island City, Queens, in his district. First opened in 1996, the store is within walking distance for nearly 30,000 residents of three public housing projects: the Queensbridge, Ravenswood and Astoria Homes. “Why Doesn’t Costco Accept Food Stamps?”New York Times, November 11, 2008.
How could anyone not want to shop with them? One of Costco’s reason for never applying to sell food stamps is the $50 yearly fee. Considering the government uses debit cards for the food stamp program so that recipients aren’t shamed, they will probably cover the cost of the membership.
May 28, 2009With the advent of commodity based ETFs and their growth in popularity, gold now has the opportunity to be treated in the same manner as a tech stock.
Investment in gold is nearing 50% of all gold consumption, and one third of that is ETFs. The price of gold has been kind to ETFs. And ETFs have been kind to the price of gold. Investors invest in ETFs as the price of gold climbs. With gold showing recent weakness, I believe that we will begin to see investors “profit take” thus forcing ETFs to divest ….. divest …. liquidate ….. cash markets will have to absorb this inventory.
The skew on the puts currently reflects anticipation of increasing implied volatility. If the spot price continues breaking through levels of support look for an increase in implied volatility in gold ETF put options across all months.
March 4, 2009Just buy it. UBSI @ $15.32
CEO said forget the TARP funds.
CEO is a West Virginian who just bought more stock than he makes in a year.
Long 9 Sep Corn @ 377¼
vs.
Short 4 Sep Beans @ 860¾
Long 5 MS @ $20.00
Short 1 GS @ $80.00
Taken off now results in a net of $23.25 in the cash register. Cha-ching.
Price Target: $220
Position closed March 5, 2009: $220.00
January 7, 2009It’s always time to buy something, but what (is it time to buy now)?
Here’s what I like:
Genuine Parts Company (GPC) $37.35 – - 39¢ quarterly dividend
Equitable Resources Inc. (EQT) $32.20 – - 22¢ quarterly dividend
Olin Corp. (OLN) $16.95 – - 20¢ quarterly dividend
And here’s one I love:
BP Plc. (BP) $45.25 – - 84¢ quarterly dividend (this is almost a 7.5% dividend folks)
All have healthy dividends, strong stable balance sheets, and room for growth.
December 30, 2008Morgan Stanley: $16.00
Goldman Sachs: $73.00
The spread we bought for a credit of $3.25 is now at $7.00
November 10, 2008Long 5 shares of Morgan Stanley(MS) @ $26.25
vs.
Short 1 share of Goldman Sachs(GS) @ $134.50
Net cost: – $3.25
Can’t sell stock? Buy a deep put or sell a deep call for the GS leg.
Coca-Cola (KO) – Sell ($53.39)
Chesapeke Energy (CHK) – Buy ($38.57)
Alliance Resource Partners (ARLP) – Buy ($33.57)
Joy Global (JOYG) – Buy ($51.55)
Goldman Sachs (GS) – Sell ($108.00)
Morgan Stanley (MS) – Buy ($22.55)
Fifth Third (FITB) – Buy ($15.96)
I have my own research methods. Don’t ask.
September 19, 2008