Thursday, April 25, 2024
Oil prices have spiked well above $100 per barrel and it’s causing the investment community to rethink alternative forms of energy. One of the beneficiaries of this renewed interest in alternatives is nuclear power. Uranium stocks have seen a big boost to their share prices in recent weeks. One way to capitalize from this situation […]
There has been plenty of options activity in commodity ETFs over the last few weeks. Precious metals have certainly gotten a lot of attention from traders as they tend to be defensive investments during times of uncertainty. With gold reaching over $2,000 an ounce, gold miners are also seeing a lot of bullish action. Recently, […]
It’s easier said than done, but: don’t panic. Sure, the market has been a disaster: Since the start of the year, the Dow Jones has lost about 3,700 points. The NASDAQ has dropped 2,731 points. The S&P 500 has fallen 528. Meanwhile, the price of oil is well above $110 a barrel, as gold prices […]
The war in Ukraine has roiled the financial markets, especially the currency and energy markets. Investors have been flocking to precious metals in recent weeks to hedge against global uncertainty. With gold becoming expensive in a hurry, some investors have been flocking to silver as a substitute. One of the more popular methods of buying […]
It’s been 10 years since we’ve seen an “all time high” for this particular stock. But… I’m looking at the chart right now… And this stock looks ready to boom. With all the geopolitical problems in the world, this trade makes 100% sense. I measured the return, and it could see a 24% gain in […]
By now, you’re aware that Russia has attacked Ukraine. As Reuters reported: “In announcing a major military operation, Russian President Vladimir Putin deflected global condemnation and cascading new sanctions—and chillingly referred to his country’s nuclear arsenal as he threatened any foreign country attempting to interfere with ‘consequences you have never seen.’” Unfortunately, the situation could […]
Investors may want to keep an eye on oil-related ETFs and stocks. Currently, oil prices are nearing $100 a barrel, as Russia pushes deeper into Ukraine. There’s even fear oil could rally to $120, perhaps even to $150, if there’s a full-scale invasion. Russia is one of the world’s largest producers of oil. So, should […]
When inflation is a going concern for the economy, we tend to see a lot of action in commodities and natural resource stocks. One heavily traded commodity stock last week was Freeport-McMoran (FCX), which is one the largest copper producers in the world. Options trading in FCX was unusually heavy on a day last week, […]
We recently saw a significant amount of action in Global X Uranium ETF (URA). Uranium has become a popular commodity to trade this year as energy prices in fossil fuels have soared. Uranium is often considered a potential stopgap between fossil fuels and renewable energy sources. URA is up nearly 90% this year and at least […]
Starbucks (SBUX) showed up on the unusual options volume page last week for the first time in quite a while. The coffee giant saw its shares drop 3.7% in one day, with 2.7x the number of options traded compared to the average. However, 61% of the options traded were calls, which tends to be a […]
