Analysts at Raymond James today released a report outlining how the U.S. could become energy independent by as early as 2020 due to growth in domestic supply in addition to gasoline demand that has been in decline since prices spiked in 2008. According to Ramond James analyst Pavel Molchanov, “We think there will be a […]
Since the advent of the Oil ETF it seems that oil has taken on a larger role than simply an energy based commodity. Over the past 5+ years that these ETFs have been trading we have seen Oil prices go from the $40s to over $140 down to $30 back up to $115 and now […]
After a nice short term run in the leveraged ETFs that were mentioned in my last article it seems the stock market ran into a brick wall. I dumped the Leveraged Financial ETF as well as the Leveraged Biotech ETF because as I said in the last article those are the two most dangerous trades. […]
