President Joe Biden on Thursday called for ending tax subsidies for cryptocurrency investors, the real estate industry and the oil and gas sector, as he formally rolled out his proposed budget for the...
Tag: xop
OPEC Just Put a New Floor on Oil Prices. Politics Could Break It.
Text size Top oil producers agreed on a major cut in production to boost crude prices, a move denounced by the U.S. Frederic J. Brown/AFP via Getty Images OPEC’s latest controversial decision to cut p...
Energy Stocks Are Cheap. Just Ask Warren Buffett.
Energy stocks are on sale, after a sharp selloff since oil and natural-gas prices peaked in early June. Oil is down 18% from its high, to $102 a barrel, while gas has fallen by a third, to about $6 pe...
How Has The Oil Industry Fared Under President Biden?
US President Joe Biden speaks before signing Bill S.3580, the Ocean Shipping Reform Act of 2022, in … [+] the State Dining Room of the White House in Washington, DC, June 16, 2022. (Photo by Nic...
‘The capitulation model for biotech is a Category 5 storm, the same as energy in 2020’ — why contrarians say the sector is a buy
If you want to know how much investors hate the biotech sector right now, consider this simple statistic: More than 25% of small biotech companies have stock-market capitalizations that are smaller th...
‘We absolutely believe Ether’ surpassing bitcoin’s total market value ‘can happen this year,’ says ETF expert: ‘The bull case is an Etherum ETF in 2022’
Hello there! The Invesco QQQ Trust QQQ is up over 2% so far this week. That is not where many investors would have bet that the popular exchange-traded fund would be trading now based on the wild acti...
Unprofitable tech trades are off to an ugly 2022. Here are the ETFs to consider as Cathie Wood’s Ark sinks.
Happy Thursday! In mythology, Janus is a god of transitions who is often depicted as a two-faced deity. A mere three sessions into the month of January, and some investors already may be feeling whipl...
Opinion: It’s time to buy the selloff in energy stocks, starting with these 4 names
It’s never really a bear market until all the stragglers get taken out and shot. So it was just a matter of time before energy stocks, the big winners for much of the first half of this year, got nail...