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Commodities

Stock Market Analysis Video: Growth Leaders

January 14, 2011
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In this week’s Stock Market Analysis Video, Cabot Market Letter Editor Mike Cintolo says that from a top down perspective, not much has changed with the market as the indexes remain in firm uptrends. He says that the real story is underneath the surface and lies with the big-cap growth leaders. Stocks discussed include Priceline.com (PCLN), OpenTable (OPEN), Google (GOOG), Las Vegas Sands (LVS), Amazon (AMZN), Brigham Exploration (BEXP), Continental Resources (CLR) and Caterpillar (CAT). Click to watch the video!

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The Rise and Fall of the Oil Industry

January 12, 2011
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Millions of years ago, billons of tiny plants and animals died and settled on the bottoms of ancient oceans, creating a thick layer of organic material. Sediment later covered this material, putting heat and pressure on it and transforming it into oil and gas. And there it stayed, for a very long time … until January 10 (today), 1910, when a drilling derrick at Spindletop Hill near Beaumont, Texas, produced an enormous gusher of crude oil, signaling the start of the American oil industry. Within a year, there were more than 285 active wells at Spindletop and an estimated...

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Oil States International: The Best Stock to Buy Now

January 5, 2011
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Last week’s New York Times had an interesting column by John Tierney, recounting the result of a five-year bet with Mathew R. Simmons, author of the book Twilight in the Desert; The Coming Saudi Oil Shock and the World Economy. In brief, five years ago, Mr. Simmons bet Mr. Tierney that over the course of 2010, oil prices would average at least $200 a barrel in 2005 dollars … up from $65 a barrel in 2005. Mr. Tierney took the other side of the bet, not because he had any particular knowledge of the oil industry, but because he...

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5 Reasons for Optimism

January 4, 2011
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5 Reasons for Optimism

For my first column of the New Year, I want to lead with a quick broad reminder of why, despite all the problems the media bombard you with daily, there are great reasons for optimism. 1. Americans are beginning to understand the enormity of the problem posed by our high levels of debt—a problem recognized is a problem half-solved—and they’re beginning to take steps to solve it. On the individual level, people are saving for major purchases, instead of just buying them on credit. At the state level, even the governors of both New York and Massachusetts—typically tax-and-spend Democrats—are...

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Stock Idea from a Trick of the Trade

January 11, 2010
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Stock Idea from a Trick of the Trade

My stock idea for today stems from a trick of the trade that I have begun to formalize after reviewing most of my 2009 trades.  Basically, when you get (a) an institutional quality stock that trades hundreds of thousands, if not millions, of shares per day that, (b) moves up to or close to new highs, preferably after a multi-week basing period, and (c) marches higher at least seven or eight days in a row, you’re usually looking at a “blast-off” of sorts.  The stock is a buy on any pullback. It doesn’t always work out, but my experience...

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