When people are losing their jobs and pitching tents because they lost their home, they aren’t going to go to Macy’s to buy a new pair of $100. With whatever cash they have (or panhandle) they’re going to go to Wal-Mart (NYSE:WMT) instead.
Oil is a hot topic. Even when I was five my mother always moaned about how much gas prices had gone up. Before I got my first car, I was already an expert at locating the cheapest gas stations. So I felt particularly betrayed that oil prices didn’t move down much further like I predicted they would here. But listen, I don’t like losing. So when I realized was wrong, I decided to look at a chart of the Light Crude Oil Contracts ($WTIC) and see what it told me.
Even with China’s veiled threats to pursue a “new reserve currency” and even with Ben Bernanke dropping cash from helicopters, I still don’t think the dollar is heading much lower. Here’s why…
Altria Group (NYSE: MO) is one of those companies that people love to hate. Considering Altria sells cigarettes, it is understandable. But Altria stock is making big moves and gives you a good chance to profit and collect a tidy dividend.
The nerds of the world have a huge war going on: Microsoft versus Linux.
When it comes to the oil markets, volatility is the name of the game. After seeing prices of nearly $150 a barrel last summer, oil prices have dropped to about $45 a barrel. Will prices move higher anytime soon?
It’s early in the morning in Delray Beach, Florida, and you know what I did? I made a cup of Jamaican Blue Mountain coffee (since I’m boycotting any unnecessary spending on pricey take-out coffees) and took a look at one of my favorite currencies in the universe – the U.S. dollar.
Back in 2006 and 2007 one of my very favorite exchanges was the InterContinental Exchange (NYSE:ICE). I loved it because it was an over-the-counter commodity exchange. And unless you were hiding under a very large moss-covered rock in the mountains, you knew commodities were hot.
It still bewilders me just exactly how fast Google (GOOG) went from the “Yahoo Wanna-be” to the king of the search engine universe. When it comes to Google shares though, lately they’ve been down and out. But that doesn’t mean you can’t make money.
Corn is in trouble because of the wet spring that has drenched the Midwest. Yesterday, the USDA said in a report that American corn output will be down significantly from last year’s estimate.
