Tag: penny stock oil companies
Is It Time To Exit Your Oil Position?
Crude oil has taken it on the chin lately. After this Wednesday’s 4% drop, oil’s down 5% for the month and 11% year to date. Those aren’t exactly the results oil bulls were looking for. So what’s going on with black gold? In a nutshell, it’s all about the economy. However, it’s not just the […]
Will Oil Continue To Rocket Higher?
What a week! Apparently the markets decided to celebrate Independence Day with a very patriotic rally. As of this writing, both stocks and commodities are having big weeks. In fact, the S&P 500 – which had dropped all the way to flat for the year at the start of June – is up over 10% […]
How To Make Money In A Down Market
Theres no doubt about it its been a rough month. In fact, the S&P 500 was down a whopping 6% in May. Even commodities got hit hard, down 9% for the month. Even as I write this, the market is cratering and has given up all gains for the year. To be frank, the […]
Will Rising Oil Prices Kill The Economic Recovery?
The doom and gloom crowd is at it again. I swear, these people look for any excuse to call for a severe market downturn, economic collapse, alien invasion, and well you get the picture. This time, the bears are out in force because of the rising price of oil. Now dont get me wrong, […]
Commodities Will Send Penny Stocks Higher In 2012
One of the key trends to watch in 2012 will be the reemergence of commodities. A bull market in certain key commodities will have a significant impact on several penny stock companies. Heres the deal A fair number of penny stocks fall into two categories energy companies and mining companies. Of course, both of […]