There are dozens of very large ships plying the global waters that do nothing but ferry dry goods. Think of coal, grain, steel and other such bulk goods. When major nations actively trade these goods, bulk ships are in hot demand and the cost to lease them can surge. But… Read More
Energy & Commodities
Shares of copper and gold miner Freeport McMoran (NYSE: FCX) are trading off of their early highs, but still up a respectable +4%, thanks to surprisingly strong second-quarter profits. Quarterly results for this mining giant are based on two simple… Read More
Love is a fickle thing. When oil prices surged past $100 a barrel in 2008, investors fell madly in love with alternative energy stocks. But when oil prices crashed, and when signs emerged that government budget problems would curtail the industry-friendly subsidies, so did investor ardor for this young industry. Read More
Aubrey McClendon is certainly audacious. The co-founder, chairman and chief executive officer of... Read More
Aubrey McClendon is certainly audacious. The co-founder, chairman and chief executive officer of Chesapeake Energy (NYSE: CHK) always swings for the fences. Trouble is, he has swung and missed more... Read More
In a bid to cut its dependence on coal, China has thrown its weight behind the nuclear option — in a really big way. And China’s not alone. In my recent look at nuclear power’s renaissance, the United States, India, and many other countries… Read More
I’ve noticed an emerging trend from my subscribers. It started out about two years ago as a whisper. Month by month, email by email, that whisper has become a little louder. Today, I’m hearing it loud and clear and received my last email about it just a… Read More
I believe the odds of a double-dip recession in 2011 are high — very high. The U.S. and global economies are struggling. You might think that good earnings reports here in the United States are indicative of an… Read More
Careful what you wish for. That’s the hard-learned lesson gleaned by investors and industry executives seeking their fortune in natural gas. Just a few years ago, they wished to find more natural gas in the ground and under the sea bed. They did, hitting mother lode after mother lode. Now,… Read More
By the end of Monday’s trading, investors began to question whether China will really follow... Read More
By the end of Monday’s trading, investors began to question whether China will really follow through with plans to boost its currency. Earlier in the day, we opined that change is coming, albeit... Read More
If you read my article from late last week, you know about my family farm in Kansas. And you’ll also remember that I work out of the StreetAuthority offices in Austin, Texas. So what do those two places have to do with today’s investment idea? One word:… Read More