The Santos Ltd Share Price is Up 9% Today. Is It a Buy? (ASX:STO)
The Oil & Gas behemoth Santos Ltd’s share price is up 9% today. This is a company with a market cap of over $7 billion. That’s quite the daily move up… But before you get giddy and jump in, there are...
Insiders are Buying Regardless of Global Recession Fears
HOLD FIRE. This could be a trap! Well, that’s according to Goldman Sachs, anyway. They think this market is about to take another 16% nose dive. That would put the Dow Jones at around 17,600 points... The US S&P 500 Index at around 2,100...
Crash — How to Survive this Massive Market Crash
Markets crashed last night. The Dow fell 10%. The S&P 500 and the NASDAQ fell around 9.5%. Gold outperformed, but still declined nearly 4%. Thanks to a falling Aussie dollar though, AUD gold actually finished the session higher, at $2,530 an ounce....
Surfing the Money Waves: Oil and Gold
Oil and gold are where it’s all at right now. Brent crude hit US$70 in the US session just gone. You don’t need me to tell you the reason. But we can’t ignore the lusty signal from gold, either. It’s back over AU$2,200...
Kill! Kill! Kill!
Last Friday I said you should have exposure to oil stocks. One reason was the rising geopolitical risk coming out of the Middle East. The US is provoking Iran. You didn’t have to wait long to see this idea in action. That...
Hints of the Profits (and Chaos) in the Oil Market to Come in 2020
My oh my. We’re getting an inkling of the chaos to come in the oil market right now. And no one else is even remotely watching this. The Financial Times reports that the cost to chart an oil supertanker has tripled...
Hidden in Shadow: Hydrocarbon Man – The Oil Market
Today in Profit Watch, we cast our eye back over familiar territory: The oil market.
For a year, we’ve tabled the possibility of an oil price spike in a ‘danger zone’ building around January 2020.
For the...
Climate Change Will Fracture Australia: The Mining and Resource Industry
Oh, Canada. The land of snow and mountain and maple syrup. The people are bluff and good-natured — and not American. I’ve never been there. I’m told it’s lovely. Except, it has a problem. There’s a secession movement brewing! Something is off in...
The Market Precipice Looming: The Saudi Aramco IPO and the Petrodollar
Wall Street rallied late last week. But Westpac’s results release this morning might cool things down in Australia before they even have a chance to get hot. We’d already tabled a dividend reduction for the bank. That’s what we got....
Mystery of the Iran Oil Tanker Attack: Oil Price & Energy Stocks Could Rise
Shiver me timbers! Just what is going on in the Middle East right now? We left things on Friday with the thought that now is the time to be accumulating energy shares. And not a day passes before Iran announces that...
Fletcher Buildings Share Price and Aussie Real Estate (ASX:FBU)
The big news today is that the Fletcher Building Ltd share price is down 3.79%, at time of writing. It released details of its...
