Micro-Cap Oil Stocks that Hit the Jackpot

The Energy Report: With oil prices firming up over the past couple of months and the spread between West Texas Intermediate (WTI) and Brent Crude narrowing, what are your price expectations for the remainder of 2013 and into next year?

Phil Juskowicz: While I don't spend a lot of time predicting commodity prices, I personally see relatively stable short-term oil prices. Intermediate or long-term prices may weaken, assuming no supply disruptions arise from political upheavals, while gas prices may strengthen based on supply/demand fundamentals. We've seen continued oil supply growth and the short term market seems to be pretty range bound, having developed a good base around the $100 per barrel ($100/bbl) level.

TER: Where do you see some of the best investment opportunities in the oil and gas business? Continue reading "Micro-Cap Oil Stocks that Hit the Jackpot"

Chart to Watch - FFIV

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of F5 Networks, Inc. (NASDAQ_FFIV).

This week we'll look at the stock chart of FFIV.

When trading stocks we use the monthly MarketClub Trade Triangle to tell the trend of the stock, and the weekly MarketClub Trade Triangle to time the trades.

Right now FFIV is on a green monthly Trade Triangle which means the stock is in an up trend. Continue reading "Chart to Watch - FFIV"

Is the national love affair with the automobile over?

Driving in America has stalled, leading researchers to ask: Is the national love affair with the automobile over?

After rising for decades, total vehicle use in the U.S. the collective miles people drive peaked in August 2007. It then dropped sharply during the Great Recession and has largely plateaued since, even though the economy is recovering and the population growing. Just this week, the Federal Highway Administration reported vehicle miles traveled during the first half of 2013 were down slightly, continuing the trend. Continue reading "Is the national love affair with the automobile over?"

Nasdaq takes some blame for 3-hour breakdown

A three-hour trading outage on the Nasdaq last week was partly the result of issues within the company's control, the Nasdaq OMX Group said Thursday.

In a statement, the company detailed some of its early findings from an internal review. The Nasdaq blamed "a confluence of unprecedented events" that overwhelmed the exchange's system for handling price information. It said the catalyst was a torrent of messages from a trading platform run by the New York Stock Exchange, Arca.

"NASDAQ OMX is deeply disappointed in the events of August 22," the statement said, "and our performance is unacceptable to our members, issuers and the investing public."

The outage cracked the midday calm of a quiet summer day on Wall Street, sending brokers and traders scrambling to figure out what went wrong. Suspicion immediately fell on high-speed trading. Continue reading "Nasdaq takes some blame for 3-hour breakdown"