Saudi Arabia is adament about keeping it's market share. It has the power to do so with it's vast reserves of oil and ability to extract oil for $10 a barrel and still make money.
If Saudi can keep oil prices below $100.00 for a long extended period, it will put the ocean oil riggers out of business.
I predict that if oil prices start to rise, Saudi will flood the world markets with oil so that the price comes down.
It does Saudi Arabia no good for oil to be low temporarily. It is willing to …
The joker 3J sent a spew saying he had to leave for the rest of the day. The real reason was he saw my Mighty Mo picks continuing to win and win. He saw my NFLX pick soar in share value.
He saw CERN... He saw I was in LUV. He saw CERN. And on and on.
He saw SCO continue to climb.
He saw my AAPL holding soar upwards.
He saw my dollar play, UUP go up and up.
I bought Netflix, as shown publicly on my website on Jan 2, 2015, the first trading day of the year. I bought 15 shares. It is currently showing a gain of over $885.00 !
While 3J hollered and yell about the market downturn the first part of January, I held to my guns and again, at the end of the day, come out a winner (again !).
Last year was no different, when the market dropped from time to time, 3J bloated about my portolio drops. I am not in it for a daytrade but for the l…
There's been much discussion among talkin heads analysts and even one on this site looking at oil and seeing what happened historically ,as in the 2008-2009 time period, where oil went from very low pricing to over $100 per barrel.
When one compares an event with a historical event, one must be careful to conclude that they are doing an 'apple to apple' comparison and that the conditions are the same.
The situation regarding oil commodity is much differen…
Russia is a wounded animal. It's best friend, expensive oil, has left it. The Ruble has dropped, money is leaving the country in droves by the powerful and rich russians, inflation running rampant, the banking crisis is in progress. The last time this happened, 25 years ago, it ended the Communist party in russia. This time it can end Russia as a world power.
The final stake can kill it.
The USA can easily do it.
The USA, the largest producer of oil in the world, can d…
OK, the joker gets the first half of January but I'll get the next 11 months.
Putin lost his best friend ...... expensive oil.
Hurrah for the almighty Dollar... UUP UUP and away !
REITS continue their barrage.... SCHH !
You can be certain with Cerner (CERN)
Seriously what's better.. the massive amount of spam on this site or 3J's smelly spews !
3J, where did you go??? ... oh oh oh I mean AGIO !
3J's been barking like a dog gone mad lately. Next month, he'll be a mouse&nb…
I came on strong to SELL stocks/equities related to the oil prices. While talking head market analysts and hedge fund managers decided to buy cheap oil energy related stocks on Dec 8th, I said OIL prices still have a long way to go DOWN. In fact, they STILL ARE GOING TO GO DOWN. A good time to get in is on a bounce like we're having today. Go short my friend on oil or go long on reverse etf's and funds that go up when oil prices go down.
Adding two new 'wonders of 2015' i…
Bought gas yesterday at my local Costco for $1.689 !
It's likely that the ban on USA exporting Oil will be lifted in 2015.
Think about it.... other countries depend on oil production and exportation to support their economy. USA exporting oil will bring more money into our economy... think about it... companies will make more money... think about it .... earnings will increase... and think about it ..THE STOCK MARKET will continue to climb beyond a reasonable doubt.
BUY BUY BUY... and a…
IS TESLA (TSLA) HISTORY ?
New electric car could upstage Tesla. GM will introduce an affordable electric car for the masses that can go 200 miles on a single charge. GM unveiled the Chevrolet Bolt, a $30,000 concept car that is scheduled to go on sale in about two years.
An electric car for the masses...poor poor Oil. How low can oil go... will Middle east sand be worth more money in the future than the oil below it?
Last year, I was a buyer and player in TSLA. It was one of my to…
As the charts and trend shows, the technology and cost to extract oil by shale frackering methods are decreasing each year. Oil shale fracking is also likely to grow as it is likely to extend into other countries other the USA.
OPEC and leader Saudi is totally aware of this and the only option to keep market share is to ensure that oil prices drop to a level where it is not feasible to extract oil using shade fracking techniques.
All indications at this time is that OIL prices would need…
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