Continuing with the overall energy theme today, Magellan Petro (NASDAQ:MPET) is a very speculative oil and natural gas play with a base forming to run up from.  The current setup is near two support levels, with the key level being $2.35, so you know where to place your stop losses.  Above that, we have significant [...]

Nikkei…bloomberg app is acting up but it looked like it was down, took a drop after it opened. US futures up, ticking slowly since the close. Oil hit 107. I'd like to think we're bouncing to close the week tomorrow but it's not that clear…

Energy, specifically oil and natural gas, continues to be a favorite sector of many, including myself.  In looking to capitalize on that strength, I have entered a trade in Gran Tierra Energy (AMEX:GTE).  A successful trade in Exelixis (NASDAQ:EXEL) has been sold down significantly as the support was showing weakness.  EXEL was profitable but not [...]

I got a small position in GUNP today and held tight to LEXG. The former is a real slow mover…no pumps that I can find right now out there for it, but maybe in the next few days? I have no clue, just thought I’d try my strategy of accumulation on di…

Three years after Bloomberg and Fox News (News Corp., owner of the Wall Street Journal) sued the Fed to reveal under the Freedom of Information Act the banks who lined up at the Fed’s discount window to borrow money after the Lehman collapse in 2008, the Supreme Court finally ordered them to comply. The Fed was [...]

I am a free market, laissez-faire, libertarian, Austrian theory economics kind of a guy and when I see Microsoft bringing an antitrust complaint against Google in the EU, it strikes me with not just a little irony and anger. After all, the EU went after Microsoft with a vengeance in 2004 over its dominance of operating [...]

This is the time of the month where a lot of data comes in on the employment situation. We have reports from ADP, TrimTabs, Challenger, Monster, Gallup, JOLTs, and tomorrow the unemployment rate and payroll reports. I wait until Friday when the last reports come in from the BLS to write about jobs. See [...]

The OECD consumer price indices for February came out and it reveals that creeping price inflation is a worldwide phenomenon. The OECD consists of 34 major economies, including Japan, but excluding the BRICs.

Here is a country-by-country breakdown:

[...]

From NHK:

Death toll as of Thursday night: 28,000

The death toll from the March 11th quake and tsunami in northeastern Japan rose to 11,532 as of Thursday night. The National Police Agency says 16,441 others are listed as missing, bringing the number of dead or missing to nearly 28,000. The largest number of deaths — [...]

Ford Motor Company (NYSE:F) continues to consolidate off the lows hit weeks ago. After hammering into the 200 moving average on the daily chart multiple times, Ford jumped higher on March 24th, 2011. That move took the stock well off the 200 moving average and started a bullish consolidation pattern known as a bull flag. [...]