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Talk Stock Trading - Financial Market News

June 16th, 2008

Oil speculators: Taking heat and getting the gas face

Everyone wants to blame high gas prices on someone or some group…OPEC, oil companies or the government.  The latest group coming under scrutiny: oil speculators.  They are catching the gas face from all angles, but do they deserve it?
Exactly what are they doing?  Here’s a brief tutorial on oil trading:
There are two groups of people […]

By profsilver -- 2 comments

June 6th, 2008

Cliffhanger Friday: Dow takes a nosedive on oil

Surprise, surprise: oil prices have set another record high today.
The impact of oil’s resurgance is felt everywhere, as all three major indexes are trading sharply lower.  The Dow has shed over 340 points on news of oil prices rising nine percent today, breaking $139 a barrel.
Did any fundamental change(s) occur in the world of oil supply and demand yesterday? Today? […]

By profsilver -- 0 comments