All Posts Tagged With: "energy"
Energy Back Up As Dollar Weakens On Bailout Activity
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 to previous high levels. The short term rise in the dollar might be over which tends to help push energy prices higher.
I have written at length about energy especially as it has been declining. Chesapeake Energy (CHK) is one of my biggest holdings. I also mentioned recently that young investors should consider Chesapeake in their selection of a few stocks if they were going to invest five grand today.
I will definitely be watching energy. It could get interesting. Personally, I don’t think we’ve seen the highest highs yet. We’ll see.
Popularity: 10% [?]
Pickins Plan Has Plenty Of Potential
One of my favorite people to read about, Boone Pickins, has a plan to fix America’s energy crisis. He wants to reduce our dependence on oil. While this is not unique to Pickins, it is unique in the fact that Pickins has made billions off just that, oil.
Popularity: 24% [?]
Chesapeake Energy Buying Opportunity
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. Also, take a look at Boone Pickin’s energy plan that pushes natural gas as a transportation fuel.
When will we see the Chesapeake CEO buy more shares? At current levels, I imagine very soon. I highly recommend investors take a look at this stock as natural gas corrects!
Popularity: 16% [?]
Finding Winning Stocks In An Ugly Market
As anyone who follows the market knows, the last few days have been pretty ugly. Several days in a row of big losses have left many investors bewildered and searching for winning investments. Adding to the confusion is the fact that oil has been retreating from its highs, yet still the market has continued lower. Shouldn’t the market be happy that oil is off its highs?
Unfortunately for you and I, the majority of stocks will follow the direction of the overall markets. This makes finding winning stocks in an ugly market tough. Tough, but not impossible. Here is a look at the sectors I think are the best places for you to put your money.
Popularity: 5% [?]
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