Monday, October 26, 2009

Refining Stocks: Oil Trade

Refining Stocks: Oil Trade


Expert trader Dan Dicker says to buy stocks of refining companies when they report earnings and then sell the stocks next spring. Original air date: 10/21/2009.


Oil Spike Threatens Recovery: Is $80 the New $100?

Crude oil prices surged to a 12-month high above $80/barrel Wednesday as the U.S. dollar tumbled to a 14-month low, prompting investors to embrace hard assets such as oil and gold. (Oil prices slipped under $80/barrel Thursday as the dollar enjoyed a reprieve from its recent rout.)

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The Dollar Is Dying a Slow Death, Says Niall Ascent of Money Ferguson

"It's clear where we're headed," says Niall Ferguson, author of The Ascent of Money. "Ten years from now there will be more than one international reserve currency," he tells Tech Ticker.


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