After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share bu…
Increasing violence in Libya caused oil prices to rise and stocks to fall 80 points to close at 12,090 on Monday. It didn’t help that a Wells Fargo analyst also downgraded the semiconductor industry, sending shares of Intel dow…
Can you profit from the turmoil in the Middle East? Oil is now flirting around $100 a barrel and gold is continuing its upward trend. For investors, this could present an opportunity in oil and gold stocks. Here is the bull and bear take on three stocks that could rise on Mideast unrest.
Continue reading Face-Off on Stocks: Exxon Mobil, Chevron, Barrick Gold [Video]
Face-Off on Stocks: Exxon Mobil, Chevron, Barrick Gold [Video] originally appeared on DailyFinance on Tue, 01 Mar 2011 17:57:00.
Filed Under: Energy, Investing, Exxon Mobil, Stock Picks, Investing Basics, Video, Chevron
The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news….
Gold bugs love bad news, and civil war in Libya, Africa’s third-largest oil producer, couldn’t have come at a better time. After dropping a hundred bucks in January, February’s upheavals have pushed gold back within striking di…