By Michael Lombardi, MBA | 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.
By Inya Ivkovic, MA | 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
By George Leong, B.Comm. | 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
By George Leong, B.Comm. | 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
By Mitchell Clark, B.Comm. | 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
By George Leong, B.Comm. | 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