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Are Lost Jobs Like Lost Equity?
Today’s job numbers show that the pace of job cuts continue to moderate, but calling a turnaround in hiring imminent may not only be premature, but overly optimistic. Like lost equity in housing...
View ArticleWill the Oil Rig Explosion Help the Nuclear Energy Push?
Transoceans’ (RIG) Deepwater Horizon began burning on Tuesday night, and continued over 24 hours before sinking into the Gulf of Mexico on Thursday. The oil (USO) rig carried 700,000 gallons of diesel...
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Outrageous But Legal: Transocean Banked $270 Million in Profit from the Oil...
In a healthy capitalist economy, companies are penalized for their mishaps and capitalism adjusts their tune. However, in the recent BP (NYSE: BP) oil spill, rig manufacturer Transocean (NYSE: RIG)...
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Solar and Oil in Play Ahead of Obama’s Address to the Nation
I’m having deja vu from when Obama first took office. Every speech was a trading event. Tonight, President Obama will address the nation in an attempt to restore the public’s confidence in our energy...
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Beware the Dark Cross
Barry Ritholtz has some cool info on a major technical indicator which may be on the horizon for the SP 500 (NYSE: SPY): the Dark Cross. Mary Ann Bartels at Bank of America (NYSE: BAC) explains: The...
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Breaking News: Another Rig Explosion in the Gulf
Update: All on the rig are now accounted for, and as of yet, there are no reports of oil leaking. The rig is located 80 miles south of Vermillion Bay, off the Louisiana Coast. There are reports out of...
View ArticleOrganic Farming: The New Frontier
The organic foods business is worth over $50 billion globally, and with a new trade agreement between the United States and the European Union opening up new markets, that number could double within...
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4 New Video Game Rumors: Another Insane Nintendo Patent
If you pay attention to the rumblings in and whispers in the world of video games, you’ll often find yourself ahead of the curve when it comes to major announcements. That’s because rumors and leaks...
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