Category Archives: General

Crude Oil To $200?

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

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Cramer Predicts Gold $1,550 –

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

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GDP Revised –

Growth Domestic Product was revised lower to a rate of 2.8%.  Economists were expecting an upward revision of the original 3.2% figure to 3.3%.  Consumer spending was also revised lower from 4.4% to 4.1%.    To read a CNN Money article, please … Continue reading

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Crude Oil Ends Lower –

 Crude oil reversed an upward trend in the final hours of trading on Thursday.  Crude oil had topped the $100 mark but ended up lower on the day finishing down almost $2 dollars.  News relating to a Saudi Arabian aid … Continue reading

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Turmoil Sends Oil Soaring –

Reuters reports that Libya has declared a Force Majeure on some oil shipments.  A force majeure would clear companies of some contractual obligations due to events beyond their control.  Specific details relating to the force majeure declaration are unclear and … Continue reading

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Venture Capital funding –

Venture capital fundraising has been uneven in the last few years.  Accel Partners and Kleiner Perkins Caufield & Byers are two VC firms that have had success raising new funds.  The success of Facebook and Groupon has worked to their advantage in the fundraising process.  … Continue reading

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NYSE Euronext Merging With Deutsche Boerse –

Deutsche Boerse will purchase NYSE Euronext with an all stock offer of $9.43 billion.  Deustche Boerse will have 60% of the resulting entity.  The deal still has to clear regulatory hurdles and gain approval from the U.S. Department of Justice and the Securities … Continue reading

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Gasoline Prices Hit New High –

 Gasoline prices hit an all-time high for this time of year at $3.127 per gallon.  The price is 50 cents higher than last year at this time and 6 percent higher than in 2008.  In 2008, gasoline prices went on … Continue reading

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Oil And Gasoline Supplies Rise –

Oil and Gasoline supplies rose last week and that sent prices lower in trading.  Oil prices are under pressure from rising inventories and increased output from OPEC.  Supplies of oil rose 1.9 million barrels last week to 345.1 million barrels.  Gasoline … Continue reading

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Dow Rises Again –

The Dow Jones hit a 2 1/2 year high after posting a gain for the 7th straight  day.  The Dow increased 71.52 to settle at 12, 233.15.  This level hasn’t been seen since June 16th, 2008.  The consumer sector helped to drive the … Continue reading

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Private Equity Activity –

According to a private equity trade group, private equity activity significantly increased in 2010.  There was an increase in investments, exits, and deal volume.  The Private Equity Growth Capital Council announced that the index was above the 10 year moving average … Continue reading

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Copper Nears $10,000 –

Copper continued to rise and is near $10,000 per metric ton.  In recent trading on the London Metals Exchange,  copper with a 3 month delivery date was trading at $9,860.  Demand for copper has increased as the economic outlook has … Continue reading

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OPEC To Discuss Output –

OPEC is expected to discuss oil output levels at an international energy forum in Riyadh on February 22nd.  All OPEC members will be at the forum and they could significantly raise output levels.  OPEC has been under pressure to increase output levels … Continue reading

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LinkedIn IPO –

LinkedIn is planning an initial public offering that could raise as much as $175 million.  The LinkedIn IPO may be the first in a string of social media related IPOs in the near future.  Groupon and Facebook are expected to test … Continue reading

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Crude Oil Supplies Soar –

According to the U.S. Department of Energy, crude oil supplies soared 4.8 million barrels last week which exceeded analysts expectations of only 900,000 barrels.  Crude prices temporarily increased due to the announcement that the Hovensa refinery in the Virgin Islands will be closed.  … Continue reading

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