On Feb. 27, oil markets closed with West Texas Intermediate (WTI) crude oil at about $67 a barrel, and a share of ConocoPhillips (NYSE: COP) could be bought for less than $113.
As of June 22, WTI costs just a little more than $74 a barrel -- 10% more expensive -- while Conoco stock has fallen below $110, 2.5% cheaper than four months ago.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
And I ask you: Does this make sense?
Consider the situation in the Persian Gulf right now. Six weeks of fighting ended (sort of) with a ceasefire announced on April 8, followed by a "memorandum of understanding" officially ending the conflict on June 17. As of today, the U.S. naval blockade of Iran has ended, and the Strait of Hormuz is open (except when it isn't).
As of June 22, WTI costs just a little more than $74 a barrel -- 10% more expensive -- while Conoco stock has fallen below $110, 2.5% cheaper than four months ago.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
And I ask you: Does this make sense?
Consider the situation in the Persian Gulf right now. Six weeks of fighting ended (sort of) with a ceasefire announced on April 8, followed by a "memorandum of understanding" officially ending the conflict on June 17. As of today, the U.S. naval blockade of Iran has ended, and the Strait of Hormuz is open (except when it isn't).
4 months ago
