Hard Commodities

[Shale Crisis Update] More Ugly News for U.S. Oil Companies

[Shale Crisis Update] More Ugly News for U.S. Oil Companies

Story Highlights Shale crisis continues as a major oil service company just laid off 1,000 workers. Its stock has plummeted in the last two years. Similar developments industrywide suggest an ugly future for these companies. My jaw dropped when I heard the voice coming from the cellphone last week: “Halliburton just laid off 1,000 people…

Oil and the Escalating Conflict in the Middle East

Oil and the Escalating Conflict in the Middle East

Story Highlights We just saw the latest step toward all-out war in the Middle East. And the oil price is finally reacting. Buckle up: This could be a bumpy ride. The next step toward an all-out war in the Middle East happened late Thursday. The U.S. military launched a drone strike at the Baghdad airport….

Heightened Risk to Influence Oil Prices

Heightened Risk to Influence Oil Prices

Breaking Update: Yesterday, Iran fired missiles at military bases in Iraq where U.S. soldiers and personnel were stationed. Damage is still being assessed, and U.S. President Trump is scheduled to comment this morning. The article and video below were written and recorded before those events. After an immediate spike, the price of crude oil has pared…

OPEC Is Now Obsolete: Oil Crisis Update

OPEC Is Now Obsolete: Oil Crisis Update

Story Highlights Many people think the U.S. has stopped importing oil, but we import 9 million barrels every day. Even more surprising is where most of that oil comes from. This creates an opportunity today to speculate. It might surprise you to learn that the U.S. still imports around 9 million barrels of oil per…

Oil Is Dead — Electric Vehicles Are the Future & Automakers Are Switching

Oil Is Dead — Electric Vehicles Are the Future & Automakers Are Switching

I’ve been trading financial markets for a quarter-century now. I thought I had seen it all… The dot-com boom-and-bust, the housing crash, the financial crisis, crypto mania and most recently, the coronavirus crash, which saw major indexes drop 35% in less than a month. I’ve had prime seats for each of these events, as either…

Scared Money Is Selling Oil – How to Profit on Oil Price in February

Scared Money Is Selling Oil – How to Profit on Oil Price in February

Story Highlights Fear around the spread of the coronavirus is pushing oil prices lower. But there are signs that oil will rebound. John Ross shares how to grab double-digit gains on oil’s rally by March. On January 8, I predicted the price of crude oil would fall as much as 10%. But I was wrong….

Make 35% by July 4 With Exxon Mobil

Make 35% by July 4 With Exxon Mobil

The stock market is discounting a chronic winner. It’s survived 11 recessions, including the Great Depression. But suddenly, the world thinks its days are numbered. And that makes it a great opportunity for us. In fact, there’s a chance to make 35% by July on this stock that fair-weather investors are avoiding. Let me show…

Jim “Mad Money” Cramer Won’t Know What Hit Him

Jim “Mad Money” Cramer Won’t Know What Hit Him

Jim Cramer, star of Mad Money on CNBC, threw down the gauntlet on oil stocks: “I am not about making friends, I am about making money. And I don’t think I can help you make money in the oil and gas stocks anymore.” He said he’d rather buy Tesla Inc. (Nasdaq: TSLA) than Exxon Mobil…

Double Your Money by Summer With This Hated Sector

Double Your Money by Summer With This Hated Sector

After almost 11 years of a bull market, most stocks are overvalued. Yet most investors continue to pile into stocks, unaware that they’re paying way too much. That’s a mistake. After all, inflated stocks simply can’t stay that way forever. But there’s one deeply hated sector right now that I love for us. In fact,…

Oil’s Leaving the Doghouse: Grab a Quick 20%

Oil’s Leaving the Doghouse: Grab a Quick 20%

From its peak in June 2014, West Texas Intermediate crude oil fell 75%. That’s not a misprint. The market price for a barrel of crude oil fell from $107 to $26 over a 20-month span. We’re seeing this scenario repeat itself today. The price of oil peaked at more than $63 at the beginning of…