OPEC Tensions Sending Oil On A Ride; A Few ETF's To Play The Move

Matt Thalman - INO.com Contributor - ETFs

On Tuesday Iran wrote a letter to Saudi Arabia asking them to curtail their oil production by as much as 1 million barrels a day, which is much more than the Saudi's are willing to cut production according to Reuter's sources.

That news sent the price of oil down 3.91% while Brent fell 3.77% on Tuesday. This followed a meeting which sources say took place on Monday between Saudi Arabia, Iran, and Iraq, the Organization of the Petroleum Exporting Countries three largest producers. OPEC is set to meet Wednesday, November 30th to discuss plans on how and who will cut production in an attempt to increase the price of oil. The announcement that a production cut would come at the November meeting was announced weeks ago when OPEC meet briefly.

At the time some experts said a production cut would be hard to come by since none of the three big countries wanted to give up production, but despite doubt, the price of oil jumped to $50 a barrel on the idea that production would be reduced. Now that we are in the midst of the meeting and things don't look good for a production cut, oil is trading erratically and there is money to be made from the uncertainty.

While I certainly can't tell you which side of the trade you should be on, I can give you a few ideas of how to trade rising or falling oil prices moving forward. Continue reading "OPEC Tensions Sending Oil On A Ride; A Few ETF's To Play The Move"

The Perfect ETF Portfolio Results For 2013

Today, I will be examining the Perfect ETF Portfolio and what it has achieved for investors over the past several years. This portfolio is specifically designed to avoid risk and provide a modest return. It is appropriate for IRAs and Roth retirement portfolios using ETFs. This portfolio is our most conservative portfolio and is designed to steadily plod along and protect capital with less risk than an outright position in the S&P 500 index.

With the Perfect ETF Portfolio, we track just four ETFs in non-correlating markets. You would divide your capital into four parts and trade equal dollar amounts in each of the ETFs.

GLD - SPDR Gold Shares Trust

This investment seeks to replicate the performance and net of expenses of the price of gold bullion. The trust holds gold and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses, in the event the trust terminates and liquidates its assets, or as otherwise required by law or regulation.

USO - United States Oil

This investment seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil. The fund will invest in futures contracts for WTI light, sweet crude oil, other types of crude oil, heating oil, gasoline, natural gas and other petroleum based-fuels that are traded on exchanges. It may also invest in other oil interests such as cash-settled options on oil futures contracts, forward contracts for oil, and OTC transactions that are based on the price of oil. Continue reading "The Perfect ETF Portfolio Results For 2013"

Is This The End?

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Wednesday, the 11th of December.

Stocks To Watch Today

There are two stocks on my radar today that showed up with new recent Trade Triangles, Broadcom (NASDAQ:BRCM) and Select Medical Holdings (NYSE:SEM). You may want to take a look at these stocks as they show good upside potential. I will be reporting on them later next week. In the meantime, let us know what you think of these stocks and how high you think they can go.

Equities - Bullish

Continue reading "Is This The End?"