Author Archives: Jim Sutliff

Dollar Decline Expected –

Futures traders are placing their bets on the dollar declining.  Foreigners are selling the dollar as well as major currency traders.  The Global Head of Citigroup, Tom Fitzpatrick, pointed out the deteriorating US economy as a factor. To view a related … Continue reading

Posted in Currency, Economic News | Leave a comment

A Whopper Of A Report –

As we predicted yesterday it was a whopper of an inventory report.  Crude oil supplies rose 7.4 million barrels easily exceeding the expected 2.8 million barrel increase.  Gasoline and distillates fell mainly due to refineries cutting runs because of lack … Continue reading

Posted in Oil, Options & Futures | Leave a comment

Oil Falls Ahead Of Inventory Report –

Crude Oil prices fell slightly after tumbling the day before.  Most traders are waiting to see the inventory data that is due out Wednesday.  Analysts predict that crude oil stocks rose 2.8 million barrels with distillates and gasoline falling.  This … Continue reading

Posted in Oil, Options & Futures | Leave a comment

Inventory Report Flat –

The weekly inventory report came in flat by most accounts.  Refinery runs were done but crude supplies still came in lower than expected.  Both gasoline and distillate stocks also fell.  Oil is trading at over 300 points higher than earlier … Continue reading

Posted in Oil, Options & Futures | Leave a comment

JP Morgan Raises Bid –

JP Morgan has raised its offer to almost $10 dollars a share for Bear Stearns.  This is mainly to overcome the obstacle of shareholder resistance to the initial bid.  It has been reported that Bear Stearns is actually worth almost … Continue reading

Posted in Banking, Economic News, Stocks | Leave a comment

EFT Liquidity Review –

The U.S. economy remains weak but funds are still flowing in to Exchange Traded Funds.  Stock buybacks are more frequent with companies taking advantage of lower stock prices.  To view a related article, please click here: http://www.forbes.com/personalfinance/etfs/2008/02/11/exxon-verizon-yahoo-pf-etf-in_tt_0211trimtabs_inl.html Jim Sutliff

Posted in Economic News | Leave a comment

S & P May Downgrade –

Standard and Poor’s may downgrade several banks in the near future.  Goldman Sachs and Lehman Brothers are two banks that are frequently mentioned as possible downgrades.  The ratings agency downgraded Merril Lynch in October and will may downgrade Morgan Stanley … Continue reading

Posted in Banking | Leave a comment

Future Regulations?

The current climate has led to a call for more regulation of the Banking sector.  The recent programs by the Fed that can be viewed as bailouts are increasing public awareness. To view a related article, please click here: http://www.forbes.com/home/wallstreet/2008/03/20/banking-bernanke-frank-biz-wall-cx_lm_0320fed.html … Continue reading

Posted in Economic News, Political News | Leave a comment

Inventory Down –

The inventory report from the Energy Information Administration showed a greater than expected decline in distillates as well as gasoline.  Supplies of gasoline fell 3.5 million barrels and distillates dropped 2.9 million.  Crude oil inventories rose 200,000 barrels but this … Continue reading

Posted in Economic News, Oil, Options & Futures | Leave a comment

Oil Plummets –

Oil drops almost $5 dollars a barrel.  Concern over the future of the economy is likely to dampen oil prices. To view a related article, please click here: http://ap.google.com/article/ALeqM5i5TtajgUpSm7KY5jf-lCJGHBB-tAD8VF9Q680 Jim Sutliff

Posted in Oil, Options & Futures | Leave a comment

Bear Stearns For Only $2 Bucks –

Bear Stearns will be acquired by J.P. Morgan for only $2 per share.  Bear Stearns traded as high as $70 a share last Monday.  On Friday, the market reacted to news and sent Bear Stearns tumbling $30 dollars.  Traders will … Continue reading

Posted in Stocks | Leave a comment

Fed Grants For VC Backed Firms –

The president of the National Venture Capital Association (NVCA) testified before Congress and made the argument for increased Federal support.  The venture capital industry has been the focus of a great deal of attention on Capitol Hill over the last … Continue reading

Posted in Venture Capital | Leave a comment

Cartoon Look At High Oil –

High oil prices make for a cartoonist dream. To view a series of cartoons, please click here:\r\n http://cagle.com/news/Oil100/ Jim Sutliff

Posted in Oil | Leave a comment

Austin #9 In VC Funding –

Austin Texas ranked number 9 in Venture Capital funding.  This was released in a Money Tree report by PWC and NVCA.  The report indicated that investments grew by 178 percent over a 10 year period spanning from 1997 to 2007. … Continue reading

Posted in Venture Capital | Leave a comment

Inventories Rise Again –

Inventories of Crude Oil rose 6.2 million barrels last week.  Gasoline also increased by 1.7 million barrels.  Distillates experienced a lower than expected decline of 1.6 million barrels.  Some of the increase in crude supplies comes from a slight decrease … Continue reading

Posted in Gasoline, Natural Gas, Oil, Options & Futures | Leave a comment