Oil Rises Again –

Posted on 10. March 2008 by Jim Sutliff

Oil rose to new heights again today as investors moved money into the market.  Oil has returned more on investments than other financial markets.  The recent rise in oil seems to have nothing in common with fundamentals.  The bubble will burst but the question is when.

To read a related article, please click here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=anx6KBxPBKgQ&refer=home

Jim Sutliff

Posted in Oil, Options & Futures | Leave a comment

Oil:Up Or Down?

Posted on 7. March 2008 by Jim Sutliff

It’s almost like flipping a coin when looking at short term oil prices.

To read a wuick look by EuroNews, please click here:

http://www.euronews.net/index.php?page=eco&article=473988&lng=1

Jim Sutliff

Posted in Oil | Leave a comment

Inventories Fall –

Posted on 5. March 2008 by Jim Sutliff

Crude Oil inventories fell last week as did supplies of heating oil.   Stocks of gasoline rose sharply and may be due to refinery runs being increased.

To read a related article, please click here:

http://www.forbes.com/feeds/ap/2008/03/05/ap4734639.html

Jim Sutliff

Posted in Gasoline, Oil | Leave a comment

Commodities Fall Most In Six Weeks –

Posted on 4. March 2008 by Jim Sutliff

The biggest drop in commodities in six weeks due mainly to the economy.  A major downward trend across a broad segment of the economy is a view shared by many analysts.  Tomorrow will also be the weekly inventory report as well as the long awaited OPEC meeting.

To read a related article, please click here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=awYBbG7tjxuc&refer=home

Jim Sutliff

Posted in Natural Gas, Oil, OPEC | Leave a comment

Thornburg Mortgage Data –

Posted on 3. March 2008 by Jim Sutliff

Thornburg Mortgage released more information which was not positive.  The market responded to the Thornburg news as well as ISM manufacturing data by pushing stocks lower.  Recently, Thornburg also had their rating lowered by Standard and Poor’s.

To read a related article, please click here:

http://www.forbes.com/home/markets/2008/03/03/briefing-thornburg-ism-markets-equity-cx_ss_0303markets22.html

Jim Sutliff\

Posted in Economic News, Real Estate | Leave a comment

Economic Data Coming This Week –

Posted on 2. March 2008 by Jim Sutliff

Economic data that is due out this week will be closely watched by traders.  Commodities traders also have to take into account inventory data that comes out Wednesday.

To view a recent article on the matter, please click here:\

http://www.msnbc.msn.com/id/23416410/

Jim Sutliff

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

Oil Falls –

Posted on 29. February 2008 by Jim Sutliff

Crude Oil traded at over $103 dollars a barrel overnight and could continue to rise.  Supply should not be much of a concern with a weakening economy expected.  However, geopolitical concerns along with inflows of investment dollars are sparking a rise in oil.  The lowering of interest rates are also providing fuel for speculative investors.

To view a recent article on the matter, please click here:

http://www.msnbc.msn.com/id/12400801/

Jim Sutliff

Posted in Oil, Options & Futures | Leave a comment

Inventory Report Shows Increase –

Posted on 27. February 2008 by Jim Sutliff

The February 27th inventory report showed an increase in Crude Oil supplies by 3.2 million barrels and an increase in Gasoline by 2.3 million barrels.  The increase in gasoline supplies was much higher than originally expected.  Crude Oil supplies at Cushing Oklahoma also went up by 200,000 barrels.

To view a recent article on the matter, please click here:

http://www.marketwatch.com/news/story/crude-dips-after-weekly-data/story.aspx?guid=%7B2F64FD79%2DFCBE%2D4990%2DA1B0%2D18E00FA9B1F8%7D&dist=sp_inthis

Jim Sutliff

Posted in Oil, Options & Futures | Leave a comment

Another Take On Inventory Report –

Posted on 21. February 2008 by Jim Sutliff

There are a number of views on the inventory report released today.  The numbers clearly look to support the bears but the market has yet to fall.

To view a recent article click here:

http://online.wsj.com/article/SB120360681776683011.html?mod=googlenews_wsj

 

James Sutliff

Posted in Oil, Options & Futures | Leave a comment

Crude Inventory Rises –

Posted on 21. February 2008 by Jim Sutliff

Crude oil inventory rose 4.2 million barrels for the week.  Gasoline increased 1.1 million with heating oil supplies being drained 4.5 million.  This shouldn’t come as much of a surprise since refineries are switching over to gasoline at this time of year.

To view a recent article click here:

http://www.forbes.com/markets/feeds/afx/2008/02/21/afx4681118.html

 

James Sutliff

Posted in Oil, Options & Futures | Leave a comment

Fed Expects Higher Inflation –

Posted on 20. February 2008 by Jim Sutliff

The Federal Reserve indicated that they expect higher inflation as well as increased unemployment.  This is a tricky combination since the main tool to fight inflation would be to increase interest rates.  At the current time an increase in interest rates in not likely.

To view a recent article click here:

http://news.yahoo.com/s/ap/20080220/ap_on_bi_ge/fed_economy

 

James Sutliff

Posted in Economic News | Leave a comment

Inventory Report Speculation –

Posted on 20. February 2008 by Jim Sutliff

Responses to a Bloomberg survey indicate a rise in supplies for the inventory report due out Thursday.  The report is delayed one day due to President’s Day.  The report is expected to show an increase in crude oil supply of 2.28 million barrels, an increase in gasoline of 500,000 barrels and a decrease in distillates of 2 million.

To view a recent article click here:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOzKvXX1yYW8

 

James Sutliff

Posted in Oil, Options & Futures | Leave a comment

Oil Continues Unlikely Rise –

Posted on 20. February 2008 by Jim Sutliff

Oil broke the $100 dollar mark again yesterday. This record took place with demand likely to fall and a weekly inventory report to probably show an increase in supply. This week the inventory report could be a lulu with crude oil, distillates and gasoline all rising. The chance of OPEC cutting production with prices this high is unrealistic to most sane traders. So why the four dollar spike? Money. Traders make money when there is movement. There is room to fall now so don’t be surprised if it does.

To view a recent article click here:

http://www.signonsandiego.com/news/business/20080220-9999-1n20oil.html

James Sutliff

Posted in Oil, OPEC, Options & Futures | Leave a comment

Chavez Backs Off Threat –

Posted on 17. February 2008 by Jim Sutliff

Chavez has changed his mind for the time being.  He has now determined that his nation will not cut off oil supplies to the America.  I imagine someone informed him that the refineries that can handle his sour crude are located here.  Maybe he decided to buy puts and make the announcement later.  All that is certain is that Chavez is off the wall.

To view a recent article click here:

http://money.cnn.com/2008/02/17/news/international/venezuela.ap/index.htm?postversion=2008021717

 

James Sutliff

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

Exchange Traded Notes Are Hot Issue –

Posted on 15. February 2008 by Jim Sutliff

Exchange traded notes are fast becoming a hot political issue.  The notes which have previously been available to only a small market have now become more accessible to the public.  What is being dubbed as “Derivatives for the masses” have put a scare in the mutual fund industry.  Barclays Plc started the product which is now offered by other competitors.  It is said to be less regulated, have lower fees, and allow holders to defer taxable income unlike mutual funds.

To view a recent article click here:

http://www.bloomberg.com/apps/news?pid=20601109&sid=aLgho_n1fsnU&refer=home

 

James Sutliff

Posted in Options & Futures | Leave a comment