The title makes the crucial point: The Oil bull market is resting firmly on “fundamental” ground. While it has clear technical tailwinds in terms of commodity investment advisor trend signals, and while it is sailing on a sea of central bank and fiscal stimulus, the main factor driving oil prices higher – and oil stocks […]
oil
American Liberty Petroleum Gets Dunked Some More (OREO)
Shares of American Liberty Petroleum (OTCBB: OREO) slid a few more pennies this week. To holders of the stock, the symbol OREO as of late has little resemblance to the fun cookie that you can unscrew and eat the middle while dunking the chocolate outside in a cold glass of milk. The only similarity over […]
Carbon Sciences Declines While Facebook’s IPO Troubles Continue
Facebook stock (NASDAQ: FB) cannot seem to stay out of the headlines due to its IPO drama, while Carbon Sciences (OTC: CABN) declined a conservative 1.61% in today’s over-the-counter trading. Domestic stocks did not start the trading session very smoothly, but closed mostly flat, while NASDAQ indices had minor total gains when compared to Tuesday’s […]
SembCorp Industries Trades Unusually High Volume (SCIL)
Temperatures are high and patience is thing in the market as the Facebook (NASDAQ: FB) IPO battle rages on. While investors focus on the social media sector, SembCorp (SCIL) Industries investors struck a unique trading with a recent announcement of a $337.8 million approval to cater for an industrial park in Vietnam with a 1,200-megawatt […]
