The good news is that energy prices are coming down for households. The bad news is that energy stocks are feeling the pain. The best-performing sector in the stock market last year is finding itself ...
Tag: commodities
BP and Shell vs. Exxon and Chevron: The Mystery of Big Oil’s P/E Gap
Last year, global oil companies boomed. BP and Shell both based in London, saw share prices rise some 40% in 2022 and trade at five times forward earnings. U.S.-based Exxon Mobil soared nearly 80% and...
Energy Companies Increase Spending in 2023 as Oil Prices Rebound
Oil and gas companies plan to increase their capital expenditure budgets in 2023 due to gains in crude oil prices, executives said in a recent Dallas Federal Reserve‘s energy survey. The majorit...
Individual Investors Bail On Everything In December, Data Show
NEW YORK, NY – FEBRUARY 06: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] February 6, 2018 in New York City. Following Monday’s over 1000 point drop, the D...
Crypto Trader Involved in $110,000,000 Exploit Arrested for Alleged Commodities Fraud and Manipulation
The crypto trader behind the $110 million exploit of the Solana (SOL)-based decentralized finance (DeFi) trading platform Mango Markets is now under the custody of US authorities. A court document sub...
US DoJ Calls Cryptos Commodities
As the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) draws to a close and all eyes are on Judge Analisa Torres, the U.S. Department of Justice may have provide...
This Giant Oil ETF Is Seeing Phenomenal Returns. Why It’s Far Outpacing the Price of Oil.
Shares of the United States Oil Fund surged last week, capping a phenomenal run in recent weeks that far outpaced meager gains in the price of oil. USO (ticker: USO), which holds over $2 billion in as...
CFTC classifies Ethereum, Bitcoin, and Tether as commodities
Based on recent FTX court filings, reports on Thursday show that the Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH), Bitcoin (BTC), and US Dollar Tether (USDT) as commoditie...
Where To Invest To Beat Inflation
Inflating the money balloon getty Inflation seems to be slowing, but predictions are that it will be elevated for a while. Stephen Nelson, president of Birchwood Capital in Vista, Calif., has some ide...
BTC, ETH, and USDT are Commodities: CFTC in the Complaint Against FTX.
CFTC is considering listing BTC, ETH and USDT as commodities. Gary Gensler had been advocating for BTC to be treated as a commodity. If these three are classified as commodities, they shall be regula...
CFTC Says Bitcoin, Ethereum and Tether Are Commodities in Fraud Complaint Against FTX Founder Sam Bankman-Fried
The U.S. Commodity Futures Trading Commission (CFTC) is listing three crypto assets that it considers to be commodities. In a fraud complaint filed in the United States District Court for the Southern...
Goldman Says Commodities Will Gain 43% in 2023 as Supply Shortages Bite
(Bloomberg) — Commodities will be the best-performing asset class once again in 2023, handing investors returns of more than 40%, according to Goldman Sachs Group Inc. Most Read from Bloomberg T...
CFTC considers Bitcoin, Ethereum, Tether to be commodities
The U.S. Commodity Futures Trading Commission (CFTC) stated in its Dec. 13 court filing against FTX founder Sam Bankman-Fried that digital assets like Bitcoin(BTC), Ethereum (ETH), and Tether (USDT) a...
Should You Be Investing In Commodities?
(Photo by LOUAI BESHARA / AFP) (Photo by LOUAI BESHARA/AFP via Getty Images) AFP via Getty Images Key Takeaways Commodities are an alternative asset class that can provide a hedge against inflation an...
You Won’t Believe How Low Gasoline is Likely to Go
Gasoline prices fell by $0.50 a gallon since November, giving consumers a reprieve into the holiday season. Prices have declined since early November with Americans saving a cumulative $200 million a ...
CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill
U.S. Fed Chair Jerome Powell’s remarks on Wednesday signaled a likely slowing down in interest rate hikes as soon as the central bank’s mid-December meeting, causing mixed results in equity markets. T...
Quantfury Introduces Fractional Trading Mode for Stocks, ETFs and Commodities
NASSAU, Bahamas–(BUSINESS WIRE)–#investing–Quantfury Trading Limited (“Quantfury”), a global brokerage firm that delivers commission-free trading and investing at real-time spot prices of global and c...
Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities
The environment is now a global priority, evidenced by the threat of increasing carbon dioxide emissions reaching 414.72 parts per million, a new record high in 2021, as reported by the National Ocean...
Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol – Coinotizia
The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC T...
Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol – Blockchain Bitcoin News
The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC T...
Oil Prices Could Jump in December. Energy Stocks Should Get a Jolt.
Oil prices have had a quiet November, holding steady around $90 per barrel. There’s a good chance the calm won’t last. A new set of sanctions from Europe will ratchet up the pressure against Russia an...
Commodities veteran suggests Bitcoin price slump can trigger ‘macroeconomic dominoes’
The cryptocurrency market has been rocked by the FTX exchange crisis, which has resulted in a significant capital outflow from most digital assets. With assets like Bitcoin (BTC) correcting to a new y...
Natural Gas Took a Dive. A Warmer Winter Could Keep Prices Down.
Natural-gas prices were poised for their largest yearly percentage rise in 23 years before erasing much of that gain in the span of six sessions this month. The U.S. market shifted from worries about ...
Best Stocks In Farm Equipment, Agriculture Commodities Gain As Food Insecurity Rises
Is the U.S. concerned about food security as we face a potential recession and agricultural equipment and supplies run short? One would think so, based on the way IBD 50 best stocks have been building...
Bitcoin & ETH Are Commodities
With their first-ever cryptocurrency regulatory framework, the regulators in the United States are showing accelerated efforts to keep up with the controversial sector. However, classifying crypto ass...
CFTC Chair Reiterates Stance, Calls Bitcoin And ETH Commodities
The Chair of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, reiterated their stance on Bitcoin (BTC) and Ether (ETH), calling them commodities, not securities. The comments were made...
This ‘crazy’ retirement portfolio has just beaten Wall Street for 50 years
You could call it crazy. You could call it genius. Or maybe you could call it a little of both. We’re talking about a simple portfolio that absolutely anyone could follow in their own 401(k) or IRA or...