By: Michael Vodicka of Street Authority
In all my years in the market, I've never heard of such an incredible track record.
The IPO prospectus from high-frequency trading firm Virtu Financial reveals that in the past four years, the company has lost money in exactly one of 1,238 trading sessions.
J.P. Morgan didn't have a single losing day in 2013. Bank of America notched a perfect performance of its own in the first quarter of 2013.
Clearly, Wall Street trades and invests its own money a lot differently than the "buy and hold" strategy it preaches to its clients.
One of the best-kept secrets they use is selling options.
Does that sound scary? Intimidating? Continue reading "5 Insider Tips To Multiply Your Income Like A Wall Street Pro" →
It's been a summer of open windows and dormant air conditioners in the Eastern U.S. as the mercury has failed to break 85 degrees on most days and night-time lows fall down to the mid-50s in much of New England.
And that partially explains why natural gas prices are plunging to seven-month lows. Gas-fueled power plants are operating at a low hum as electricity demand has been unusually tepid. When you consider that late July typically represents a turning point for summer temperatures, this may turn out to be a year without any major heat waves. Good news indeed for residents in the Eastern U.S. after enduring an unusually dispiriting frigid winter.
As demand for gas remains subpar, gas storage facilities are re-filling at a rapid rate, turning gas back into a buyer's market. That's a quick change from six months ago when gas was being consumed at a faster-than-normal rate. And the resulting price collapse has left many to wonder: Will gas prices keep plunging, or have they hit bottom?
The answer to that question: Gas prices are likely to keep falling. Continue reading "Have Natural Gas Prices Hit Bottom?" →
By: Jody Chudley of Investing Answers
We've seen this set-up before...
All through 2006 and 2007, I heard some of the smartest minds in the investment game warning about the massive housing bubble that was about to pop. For a long time, these smart folks looked wrong, as housing prices kept going up and up.
Then things changed in a hurry, and we suffered through the worst credit crisis in our country's history and a housing bubble collapse. Anyone that didn't heed the warnings got crushed.
I see the same thing happening today. There have been warnings that we could be in for severe inflation ever since the Federal Reserve rolled out the printing presses back in 2008 with its "quantitative easing" program.
So far, not much has happened. However, similar to the housing bubble, that "nothing" could turn into something very quickly.
After years of easy money policy by countries around the globe, the inflation pump could be primed. Continue reading "The Greatest Risk To Investors Today" →
American oil production is surging. Yet oil prices remain near $100 a barrel.
You may be wondering: When will all of this additional production finally overtake demand and push the price of oil down?
You can find one answer in the price of oil futures -- which say we can expect oil to fall to closer to $80 in the coming few years and stay there.
Is the market correct? Are oil prices heading south?
I think that the answer is no, for several reasons -- especially after I listened to a recent presentation by Bill Thomas, the CEO and chairman of EOG Resources (NYSE: EOG).
EOG is, by a considerable margin, the largest horizontal oil producer in the world. That means the company has access to the best data available on horizontal oil production and resources.
Put simply, EOG and Thomas believe that the futures market is all wrong about oil prices. The company is bullish on oil and focused on producing more of it.
What EOG sees -- and the market doesn't seem to grasp -- is that for all intents and purposes, the horizontal oil boom is coming from only two plays: the Bakken Formation in the upper Midwest and the Eagle Ford Shale in South Texas. A slide from EOG's most recent investor presentation illustrates this clearly: Continue reading "High Oil Prices Are Here To Stay -- Here's How To Profit" →
A "follow-up" market crash could be coming.
I don't mean to scare you, but it's only a matter of time...
The past two happened like clockwork -- seven years apart. One happened just before 2001, after the dot-com burst. The other came with a vengeance in 2008, right after the housing collapse.
It's getting close to another seven years... so what about this time?
Are we headed for a "follow-up" market crash?
The very idea of losing more than half of your invested wealth in a market downturn is daunting.
Market analysts claim to know exactly where the market is going, and act like they know exactly when to buy or sell stocks. But how many analysts do you remember saying months before the 2008 financial crisis that the market was going to go down by 57%? Can you name one? Continue reading "Are You Prepared For The 'Follow-Up' Crash?" →