The Stock Nerd

I know it’s a bit late to talk about it, but I feel it’s important to share my take on the bail out plan. So, why the anger? I mean, it’s sort of understandable because it puts our tax dollars on the line, BUT it must be kept in mind that WE, as Americans, helped [...]

This is just a VERY early morning post that I want to get out before the stock market opens today. The stock market opens in 1 hour and 33 minutes (while i’m typing this). Taking a look at pre-market data, it seems the stock market is going to most certainly open with some pretty big [...]

As you can see from my past post, I watch the NYMEX Crude Futures on a daily basis, even when the market is closed (yes i’m obsessed). Just to share, my favorite website to check on energy prices is right here: http://bloomberg.com/energy/. I definately like the fact that it’s laid out nicely all in one [...]

Just read up an article on Yahoo.com which I thought would be great to share here.

Here’s a quick summary:
The Democrats are offering a bill to curb oil speculation rather than focusing on removing the moratorium on off-shore oil drilling like the Republics. Now, I will say i’m more of a guy who supports chunks of [...]

Oil prices have continued to climb and i’m really starting to wonder why it’s so damn high. Oil prices were starting to come down post-Memorial Day weekend all the way down to ~$121! Then, we get a Morgan Stanley prediction that oil barrel prices will raise to $150 by July 4th weekend. All of a [...]

These past 2 weeks, the market just seems to be all over the place. Every time oil prices rise, the overall market is hurt and the oil/gas stocks gain momentum, and every time oil prices fall, the overall market is bullish and oil/gas stocks lose momentum. Every time the greenback loses a bit of [...]

Gold hasn’t been able to find it’s ground lately with the constant strengthening and weakening of the greenback.
Take a look yourself:

Ever since gold hit above $1000 back in March, it’s been on a generally downward trend. I would attribute some of this to the fact that the greenback was at it’s weakest point in [...]

Historically, oil prices rise till Memorial Day Weekend and fall a bit afterwards. It seems like the trend will follow this year also! The price for a barrel of oil right now is currently $129.19. That’s progress!
Moving Along…
I was reading an article about this years hurricane season earlier this morning which was really interesting. Forecasters [...]

As everyone has noticed, the world’s eyes are currently focused on oil (unfortunately). Everyone, including expert analysts, are unsure of what’s going to happen next. Is the price of oil going to fall or rise?
As of 1:12 AM CST, one barrel of crude oil is currently worth $133.26! This is up from around $60.00 a [...]