Lombardi: Stock Market Commentary & Forecasts, Financial & Economic Analysis Since 1986

Archive for the ‘oil stocks’ Category

Gold and Oil: Staying the Course

By | May 6, 2011

Terrible day for the markets yesterday…

It all started with June crude oil futures down about $9.00 a barrel, the U.S. dollar up sharply and the precious metals down. June gold futures were down about $34.00 an ounce, bringing the metal back below the $1,500 level. There was more pressure on silver prices, too.

Precious Metals Investments: How They’re Affected by the Middle Eastern Unrest and Devastation in Japan

By | March 24, 2011

Libya is getting bombed by American, British, and French fighter jets. The situation in Libya could spill over to other Arab countries in sympathy.

Japan just suffered a horrific tsunami and related leak in one of its nuclear generation plants. The damage could impact the country’s economic renewal.

In all of this, after declining to just north of $1,300 an ounce, gold has been rallying. It is trading at a key level of $1,430 on the chart.

Run on Oil & Gold Just Getting Started—Time to Get Real

By | March 11, 2011

Institutional investors will still be buyers of equities as the market pulls back. There’s just no other way to earn a decent return on investment that beats the rate of inflation. Any consolidation or correction in stock prices would certainly be a positive development for the long-run health of the equity market. The stock market needs a rest from its excellent performance over the last two years.

Gold, Silver & Oil Stocks Doing Great, but Dow Jones Transportation Average Starting to Wobble

By | March 4, 2011

There is virtual glee in the resource sector these days. Precious metal prices are trading near records. Oil prices are going up. The only commodity that’s holding back what might be argued as the entire resource sector is natural gas. That means it’s a good time to start looking in this area for some attractive investment opportunities.

Oil Stocks: Why They Say $100.00-
a-Barrel Oil Is a Reality

By | February 4, 2011

Long-time subscribers know my fondness for stock price charts in determining future trends. I believe, most of the time, that the price of stocks are a leading indicator of what lies ahead, especially for individual stock sectors.

Financial Reports

The Future of Oil Sands

By | August 20, 2010

The reputation, if it could be called so, of oils sands has been more about exorbitant costs and a dirty carbon footprint than about being a vast source of fossil fuel and associated profits. It seems that researchers have found a way to resurrect oil sands and, by association, oil companies with such properties in their portfolios. Granted, although the “new” future for oil sands has been long in the … Read More

Where’s the Market Heading?

By | August 18, 2008

Stocks are attracting some buying at this time, but I expect to continue to see some selling pressure should markets move higher. This is because the risk continues to be high, so there is little incentive.

The decline in oil is helping stocks, but there is still a sense that the upside may be limited in the near term.

A technical indicator I like to look at is the volatility … Read More

The Oil Demand/Price Yo-Yo

By | July 24, 2008

The high price of oil and gasoline is clearly making consumers drive less often. According to a weekly survey by MasterCard Incorporated (NYSE/MA), the demand for gasoline in the U.S. Has declined for 13 straight weeks, including a 3.3% decline in the latest week. The movement of gasoline prices shows that there is high price elasticity between demand and price. When prices rise, demand falls, and vice versa — when … Read More

How to Capitalize on the Energy Crunch

By | July 21, 2008

With the price of oil and natural gas so high these days, more and more homeowners are looking for alternative ways to heat and cool their homes. Residents in the Northeast have particularly felt the pain of high oil prices, because a lot of homes still heat with furnace oil, otherwise known as diesel fuel.

There are two areas of the HVAC industry that are really growing right now and Read More

Automaker Market Adapting to Soaring Fuel Costs

By | June 4, 2008

The demand for small and fuel-efficient cars have been trending higher in concert with the surging oil prices, which recently traded at just over $135.00 per barrel on May 22. Oil prices are impacting the way consumers think about spending. With the average price of gas at $3.93 per gallon across the U.S. and with it being an upward trend, there is an impact on driving and what cars are … Read More

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