During a volatile week, stocks bounced between Mideast turmoil and generally strong economic reports. Even with the jobless rate’s surprising drop, equities ended on a down note. Still, stocks eked out a tiny overall gain on th…
As the crisis in Libya continues to shake world oil markets, many voices are calling for President Obama to tap into the Strategic Petroleum Reserve. With gasoline prices up 33 cents a gallon in the last month, that’s a temptin…
If you look past the calamitous Libyan mess, there’s plenty of cause for optimism at home. And investors with a longer-term view of the markets should consider the ongoing uncertainty stemming from the Middle East as a potentia…
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
Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy. And observe that the rising wages that have led to real overall cost rises in decades past are nowhere to…