The Slowdown in Oil Markets
Worries everywhere…Two revealing earnings reports Plus, the deadline in place for a potential bull run US stocks shed nearly 1.5% in the last session.
Mr Market is grumpy.
What ails the old goat? He doesn’t like the...
Saudi Surprise: This Could Cause a Major Panic
I hope people around the world are feeling flush this year. There’s a hell of a lot of money that needs to change hands. Uber insists that it’s on track for an initial public offering (IPO). It was...
After a market crash, buy here
Hmm. US stocks up. Oil up. The world seems to be moving favourably. Our position here at Profit Watch is simple: Buy the dip. This morning, I read some good news that backs this up. It goes back to the market moves...
The Biggest Trade of 2019 is Here
Oh my, check this out. In last Saturday’s Profit Watch, I told you to watch oil in 2019. This is due to environmental regulations due to come into effect in January 2020. Now we have evidence that some very big players...
Crazy Art Prices Flash Warning
The biggest news last week had nothing to do with the Fed or the upcoming G20 meeting or whatever else you care to name. It was artist David Hockney’s ‘Portrait of an Artist (Pool with Two Figures)’ selling for US$90.3...
One Stock to Watch: The Maple Leaf Special
Oh man, the US oil business just keeps booming... The latest data says North American crude production is rising at its fastest pace on record. And those records go back to 1859! The US is now indisputably the leading producer in the...
Watch Jan 2019 if you own this stock (most Aussie investors do!)
Put January 2019 down in your diary if you’re a BHP shareholder. You’re going to get a special dividend and a nice start to the new year. The big Australian company announced this morning that it’s buying back stock and...
Big Fractures Forming in the Oil Market
Political cynicism really knows no bounds. President Trump is proving that right now. I suppose you could say at least he’s honest about it, unlike the rest of them. Saudi Arabia is causing devastation and starvation in Yemen. We knew...
Big Miners Bail Out the Big Banks
The markets are designed to wrong-foot everyone, as often as possible, including me, you and Meghan Markle. We can see it playing out in the gold market right now. Bloomberg reports speculators were shorting gold at their highest level since...
Fire! Hurricane! Watch out…
Don’t look now if you do a lot of driving. The bullish momentum behind oil just keeps building. You know about the Iranian sanctions and the collapse of Venezuela. Now, we have damages and hurricanes to contend with as well. Canada’s largest...
Why the Otto Energy Share Price Rose over 50% Today
Oil and gas company Otto Energy Limited’s share price rose over 50% in early morning trade today. The...
