Monthly Archives: March 2011

Crude Oil Supplies Rise –

Posted on 30. March 2011 by Jim Sutliff

Crude oil supplies rose 2.95 million barrels and gasoline inventories dropped 2.7 million barrels.  Distillate stocks rose slightly with refinery activity preparing to shift to gasoline for the summer driving season.  Crude oil fell in light trading volume as a result of the energy … Continue reading →

Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Stocks Rise –

Posted on 25. March 2011 by Jim Sutliff

The Dow Jones Industrial Average rose 50 points on Friday in light trading volume.  Corporate earnings helped to fuel the market as well as government data which indicated that GDP grew faster at the end of the year.  IBM and Chevron were market movers … Continue reading →

Posted in Banking, Economic News, General, Investments, Stocks, Trading | Leave a comment

Crude Oil Inventories Rise –

Posted on 23. March 2011 by Jim Sutliff

Crude oil inventories rose by 2.1 million barrels to 352.8 million barrels which is the highest level since last November.  Supplies of gasoline fell 5.3 million barrels and inventories of distillates were unchanged.  In addition, refinery utilization rates and demand for … Continue reading →

Posted in Economic News, Gasoline, General, Investments, Natural Gas, Oil, Options & Futures, Trading | Leave a comment

Exxon Mobil (XOM) Lands Drilling Permit –

Posted on 22. March 2011 by Jim Sutliff

Exxon Mobil landed a deep-water drilling permit in the Gulf of Mexico.  The permit  will allow Exxon to drill in the Keathley Canyon Block 240 miles off the coast of Louisiana.  The Bureau  of Ocean Energy Management, Regulation and Enforcement started to … Continue reading →

Posted in General, Infrastructure, Investments, Oil, Options & Futures, Political News, Regulatory, Stocks, Trading | Leave a comment

Copper Expected To Fall –

Posted on 16. March 2011 by Jim Sutliff

The Bloomberg Chart of the Day highlights the recent decline in copper prices.  Copper futures may post their biggest decline monthly decline in over a year.  The decline in copper prices may continue in the near term due to weak economic numbers, … Continue reading →

Posted in Economic News, General, Hedge Funds, Investments, Metals, Options & Futures, Trading | Leave a comment

Nasdaq Bid For NYSE –

Posted on 14. March 2011 by Jim Sutliff

Reports indicate that Nasdaq is close to making a bid for the New York Stock Exchange.  Nasdaq may require financing of $5 billion in new debt for the transaction.  The deal would make Nasdaq the leader in trading of U.S. stocks and could face antitrust … Continue reading →

Posted in Banking, Economic News, General, Infrastructure, Investments, Options & Futures, Political News, Regulatory, Stocks, Trading | Leave a comment

Private Equity Backed IPOs –

Posted on 13. March 2011 by Jim Sutliff

HCA Holdings has placed private equity backed IPOs back in the spotlight.   The large initial public offering follows recent IPOs by Kinder Morgan and Nielson Holdings.  Reuters has an article on the ten largest U.S. private equity backed initial public … Continue reading →

Posted in Banking, General, Investments, Mergers & Acquisitions, Private Equity, Trading, Venture Capital | Leave a comment

Crude Oil Inventory Report –

Posted on 9. March 2011 by Jim Sutliff

Despite a rise in inventory, crude oil is still trading in the $105 range.  The Department of Energy released their weekly inventory report that showed crude inventories rising 2.5 million barrels.  The increase was larger than analysts had expected and adds to … Continue reading →

Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Crude Oil To $200?

Posted on 8. March 2011 by Jim Sutliff

The Bloomberg Chart Of The Day looks at oil prices and outstanding $200 call options.  The article discusses the recent events in the middle east that are spiking interest in crude oil call options.  The number of $200 contracts are at … Continue reading →

Posted in General, Natural Gas, Oil, Options & Futures, Political News, Trading | Leave a comment

Cramer Predicts Gold $1,550 –

Posted on 2. March 2011 by Jim Sutliff

Jim Cramer has predicted that gold will increase to $1,550 an ounce.  Recently, gold settled at $1,431 an ounce which is an all-time high.  The Cramer prediction was influenced by Wall Street technician John Roque.  To read a related CNBC article, please click … Continue reading →

Posted in General, Investments, Metals, Options & Futures | Leave a comment