Articles

How many times have you said to yourself, why didn’t I invest in that when the opportunity was ripe? The kind of thing most of us have said about the internet in general or Google or Microsoft or Berkshire Hathaway. Looking back, with the advantage of hindsight, so many investment opportunities seem so obvious. There is one now, that many have already become wealthy from, that remains an amazingly attractive opportunity. And, it is not a discovery; it is simply one of the best and most obvious long positions one could have at this time. No surprise – it is OIL.

Regardless of whether it is a bubble, it is quite extraordinary to see these kinds of moves.

The average rate on the top 10 savings accounts dropped for the third straight time as banks continue to bring rates down.

Home heating oil prices in Massachusetts have risen to a record level and they're expecting them to go higher.

Should I stick with Canadian oil trusts?

18 months ago, a friend told me to buy Dryships. I bought it at $9, before selling it at $9.10 the next day. Today the stock hit $130. I missed it. Here is why I would miss it again.

Intel is a buy on the news and Yahoo! is a sell.

The answer is yes if I a judge how my wife's butt looks in their clothing, but it is less certain when I look at the stock's fundamentals.

Definitely time to sell ERIC, QCOM, NOK, ALA, SI and NT.

Jim Chanos was on CNBC this morning and he says that Macquarie Bank is a house of cards.

Fed Chairman Ben Barnanke gave a speech today to the Economic Club of New York in which he said it was too early to tell if the worst was over from the credit crunch. He had a few other interesting nuggets of insight.

Medtronic has had a bad week- their stock went down on good news regarding their drug eluting stent and now today the stock plummeted on news of the withdrawal from the market of their ICD leads.

I just spent half an hour watching Fox Business and I could have been watching CNBC. The show had the same look, the same mostly polished anchors, the same ticker at the bottom, etc. I think Fox is going to have to do more to take significant market share away from CNBC.