One of the interesting side effects of the government bailout activity might be a return to the days where we saw oil reach new high after new high. In the last few days, oil has already rebounded and is currently above $120.
This is definitely one of the areas I am watching as my portfolio is still heavy in natural gas. Natural gas has been killed in recent months as the energy commodity prices corrected. The question is whether we will see oil continue to rise and increase …

Oil is down around $100 after peaking at $147. Natural gas is down 50%. Some of my favorite stocks, namely Chesapeake Energy (CHK) has gotten CRUSHED in recent days. Clearly, the commodity run is over. Or is it?
Is it possible that we are in a correction on the way to a continued run in commodities? Possibly reaching even higher highs than before? Let’s take a look.

As my readers know, I am heavily invested in natural gas, namely with the company, Chesapeake Energy (CHK). Since the peak in oil and natural gas prices, the stock has been hammered hard. Thankfully, as I reported through this blog, I continually sold my CHK position as it went up and up eventually peaking at $74 a share. I have been buying up shares now as the stock is way off its highs.
Many people are calling the energy story, especially oil, over. Some of the experts …

Well, the stock market continues to move up and down in the low to mid 11,000 range (DOW). Economic conditions still remain weak, however, the decline in oil and other commodities has definitely helped boost stocks in recent days. I’m still fairly pessimistic regarding stocks and the economy. Time will tell if I’m right.

Today, I added to my Chesapeake Energy (CHK) position.  I picked up shares at $50.71 each.  Love the company, love natural gas, love the CEO, and I think it is at a good buying level.
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I have been criticized heavily for selling my position in Chesapeake Energy (CHK) as the stock climbed to new highs over the last few months. As I mentioned in previous posts, the move higher looked closer and closer to a parabolic climb. These climbs typically end up ugly. Well, it’s been ugly over the past few weeks.

I decided I will begin providing updates of all stock trades I make in order to promote continued transparency between what I write and what I do. Hopefully, you enjoy!
Today, I made two moves in my portfolio.
First, I sold a portion of my Apple position at $174.02.  I did this completely based on near term view.  Tech stocks have been trading weakly and I believe there might be a sell off after Apple releases earnings next week.  We’ll see.
Second, I bought a good chunk of Chesapeake at $53.27.  As …

With Chesapeake Energy (CHK) down big again today, we are now about 27% off of its high at $74.  This is a great company with great short term and long term potential.  I have sold shares in the past at $55 and $65 to cash in on the run up because I expected a natural gas correction.  Now, that we are in the correction, I am a buyer of shares.
Long term, I think there will be energy policies enacted by our government that will be very favorable for natural gas.  …