U.S. to become top oil producer by 2015.... Start The Research Traders
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
to answer your question we (U.S.) knew that we had oil deeper in the ground. but didn't have the technology to extract it from the ground until we developed a process now known as Oil Fracing http://www.frackingoil.com/ also known as Hydraulic Fracturing for oil and gas ...
(below the fracking shale / the other reserve - deeper) it's a known fact in the U.S. that we have another shale of oil and gas deeper than the Frac depths that we are getting oil today from in Texas. There was a blow out on a rig in south east texas and the rig burned to the ground about 2 months ago.. they were testing new technology for the deepest reserves under ground when it happened ... the oil and gas at those depths are extremely hot .. there for our technology we use in Hydraulic Fracturing will not work apparently from resources in the Texas oilfields.. but they should develop the technology to pull oil and gas from the ground at those depths...
bottom line.. i expect the major oil refineries in the U.S. to double in the next 18 months ... I will play the penny stocks the next two years and I will being trading the major oil and gas companies as well.. (treat it like sector rotation)
Production: stock trades will only be high returns for those companies in the refineries, pipe line companies, watch for the little companies in the entire oil industry to get a chance to help the big companies keep the U.S. the top oil producing country in the world.. this is exciting time for investors or traders.. don't get hung up just on one company .. treat this as the dot.com bubble...
I expect the oil & gas refinerie stocks to lead the entire oil sector the next couple of years in stock gains.. all in my opinion.. good luck and safe trading... always take profits when the street moves to another street to make money
research material for drilling rig count in the U.S.
http://www.ogj.com/articles/2013/12/baker-hughes-us-drilling-rig-count-lifts-to-1-775.html
we the united states will be the top producer of oil by 2015... I would assume these little stocks will become more active over the next year.. I noticed the volume on this one here. for the ones that remember the dot.com bubble .... this next year or two should give us the results the dot.com bubble did then... AAPH is on my radar..the oil in gas industry is booming here..
TEXAS has got 47% of all drilling rigs in the U.S. The number is 825 oil-and-gas drilling rigs active in Texas.
I had confidence in this company back in 2008 when they were suppose to be working a deal with Palmer Truck Lines now when I trade penny stocks it's only for a flip trade..lol...
SNRS traded in the billions back in June. SNRS is going no where with that kind of volume that was traded. to much mud to walk through now.. very very unlikely SNRS will do anything unless 10 billion in volume hits the ask at one time...lol..which is very very unlikely that will every happen.
TSNP stands a better chance to move before SNRS.
I will be watching it tomorrow all day. You never know (SAEI) could either run or pull back..
2200 post(s) is alot of post(s) but this stock has ran from 006's to as high as .90 in about 2 months... so there is alot people watching this too.
Monday will be interesting for (SAEI) Put your seat belts on cause this stock should have some heavy action tomorrow in either direction..:)
Volume spike with no news? ..something is up here..imo..gonna keep this one on radar...:) Look at a 2 year chart this could go here with some news..imo.
Thanks for the information. I'm trading Capital One Financial Corp (COF) WOWSER....:) I'm watching the bond market as well...here is the latest news on the bonds.
Today Bonds Tumble After Anemic 30-Year Auction
Bond investors predictably shied away from a sale of long bonds Wednesday, following the Fed away from the long end of the curve and into shorter maturities.
A $16 million sale of the 30-year bond awarded a yield of 4.32 percent, far above expectations of about 4.275 as anemic demand weighed on the auction. There was just $2.31 bid for each dollar auctioned, a measure known as the bid-to-cover ratio that was the worst for the long bond in a year.
Foreign demand as measured through indirect bidding also was weak, coming in at 38 percent of the total sale.
Treasury prices plunged after the auction results at 1 pm ET, sending yields on the 30-year to 4.32 percent, their highest since May 18 as prices fell 1-3/32.
Several factors made the 30-year sale grim. The Federal Reserve is not planning to buy 30-year bonds as part of its $600 billion Treasury purchasing program. The Treasury Department recently said it has no plans to cut 30-year issuance. And inflation worries have made the 30-year look unattractive to investors.
Trading volume Wednesday was 170 percent of the 10-day average according to Ian Lyngen, senior government bond strategist at CRT Capital Group in Stamford, Conn.
"You can think of it as a confirmation of yesterday's back-up in yields," Lyngen said. "It brought up enough people who wanted to be on either side of that trade."
Tuesday's sell-off gained momentum after a $24 billion sale of 10-year Treasury notes drew fewer bids than normal, although the high yield at the auction was still lower than the yield at which 10-year notes were trading in the open market.
"What dealers are trying to determine right now is to see what yield level in long-end rates is going to start to attract the domestic fund manager buyers that tend to be the biggest bidders in long-bond auctions," said William O'Donnell, head of U.S. rates strategy at RBS Securities in Stamford, Conn.
Lyngen noted corporate bond issuance could push prices higher again as issuers began unwinding hedges and buying back government securities.
"The pipeline is building—we have a five-year JPMorgan benchmark-sized deal out there, we have a Russian Development Bank almost-$2 billion deal out there," Lyngen said.
The causes of Tuesday's selling were still being debated.
"It was both a bad 10-year auction and also the prospect of having another auction to deal with," said David Coard, head of fixed income sales and trading at Williams Capital.
Tuesday's selling served to erase much of the market's price gains since August, when the Federal Reserve began debating a new Treasury purchase program to stimulate growth.
The Fed announced its $600 billion quantitative easing program a week ago. Traders were waiting Wednesday for another detail: the buying schedule for the Fed's purchases.
Data Wednesday showed weekly jobless claims of 435,000, lower than expectations of 450,000. While the market saw some selling immediately after the number, the declines vanished later in the morning.
—Reuters contributed to this report.
© 2010 CNBC.com
The Democrats & Republicans battles..lol.. markets are mixed. Alot people are looking at the technical side and it's hinting towards a pull back. The media is doing a good job with the news. Tomorrow is going to be interesting.
Thanks...I looked at TradeKing as well. both look good. Just gotta make my mind up. I really like Scottrade for stocks and that Elite platform has all the bells and whistles on it...but I'm getting tired of paying 1.25 contracts..lol..
Who is the best option broker ? I've used Scottrade for years now but they charge 1.25 a contract. Any help would ne nice. Thanks !
Markets are getting crazy. I'm still holding all my Nov.10 puts here and I even added some this morning on BAC and AAPl.
I agree 294.30 level is the first sign of support.
AAPL has gaps at 245.00 and 253.00
CMG has PE ratio of 38.92 and closed at 183.69 with earnings expected Oct 21,st This stock has a mkt cap of 5.7 billion I will be trading puts on this one for now...:) I'm gonna do a little more research too.
3X... thanks for the charts! Sure is gonna be interesting here on the open for AAPL. The daily chart has a couple of gaps that could fill at anytime. Let's see how AAPL does tomorrow.
I bought Nov.10...$10.00 puts @ .10 today on BAC too.
i picked up some 250.00 puts @ .58 Whats your opinion on this trading activity ? I think it's crazy.
Anyway AAPL was overbought to begin with. Let's see what the next few days of trading does here.
Dow Jones 100 Year Chart.
Take a look at this 100 year chart. Are we setting up the head & shoulders pattern for 2010 & 2011 ?
http://stockcharts.com/charts/historical/djia1900.html
BAC i just noticed it took a plunge. Anybody else interested in this bank stock. maybe sell some puts. who knows anymore..lol..
AAPL trading at $309.68 ... it's gonna pullback soon when GOLD takes a plunge.
CMG & DTG are on my option list here for some nice action in Nov & Dec. I have several more but these are being watched closely.
CMG ..yes it's true trading at 181.27 as of close today..anything possible I guess. but a little over priced ..imo
CMG... PE ratio 38.4x & 5.6 Billion market cap
EPS excluding extraordinary items (TTM) 4.72
EPS Normalized (MRFY) 4.07
Rev per share (TTM) 51.83
BV per share (MRQ) 24.04
Tangible BV per share (MRQ) 23.33
Cash per share (MRQ) 9.84
Cash flow per share (TTM) 6.76
Indicated Annual Dividend (US) -- no divy...:(
The next tentative earnings announcement is expected on 10/21/2010.
________________________________________________________
DTG...PE ratio 12x & 1.4 Billion market cap
Possible buy out on this one...read the news cause i don't know whats going on with this one. Keep in mind this stock was trading under $1.00 in 1st QTR. 2009.
EPS excluding extraordinary items (TTM) 4.02
EPS Normalized (MRFY) 1.94
Rev per share (TTM) 55.09
BV per share (MRQ) 16.31
Tangible BV per share (MRQ) 15.42
Cash per share (MRQ) 12.90
Cash flow per share (TTM) 18.99
Indicated Annual Dividend (US) -- who knows?
Read the news on DTG here about the buy out offers. There is alot more news than just this article about the buy out deals.
http://www.dtag.com/phoenix.zhtml?c=71946&p=irol-newsArticle&ID=1475002&highlight=
Dollar Trades Near a 15-Year Low Versus Yen After Federal Reserve Minutes
The dollar traded near the weakest in 15 years against the yen and a record low versus the Swiss franc on speculation Federal Reserve officials will reiterate they are poised to resume bond purchase to support growth.
The Dollar Index, which tracks the greenback against major trading partners, was near its lowest since January after the Fed said yesterday in minutes of its September meeting that it was set to take more credit-easing steps “before long.” The bank will announce increases in Treasury purchases, or so-called quantitative easing, in November, Goldman Sachs Group Inc. has said. The euro was near a nine-month high before a report likely to show European industrial production rose in August.
“The Dollar Index will remain under pressure,” said Kurt Magnus, executive director of foreign exchange sales at Nomura Australia. A second round of quantitative easing “is imminent and the minutes suggest that it will be large and aggressive.”
The dollar traded at 81.81 yen as of 8:02 a.m. in Tokyo, from 81.72 yesterday in New York. It reached 81.39 on Oct. 11, the lowest level since April 1995. The euro fetched $1.3915 from $1.3924 yesterday and touched $1.4029 on Oct. 7, the most since Jan. 28. The yen traded at 113.84 against the euro from 113.79.
The Dollar Index, used by IntercontinentalExchange Inc. to track the greenback against currencies including the euro, yen and Swiss franc, slid 0.1 percent to 77.363 yesterday. It touched 76.906 on Oct. 7, the lowest level since Jan. 15.
The index will decline to 76.70 this week, corresponding to the euro advancing through $1.41, Magnus said.
The gauge of the U.S. currency has fallen 3.8 percent since Sept. 21, when the central bank said in a statement following its policy meeting that it’s prepared “to provide additional accommodation if needed” to support the recovery.
‘Before Long’
That phrase was meant to be in accord “with the members’ sense that such accommodation may be appropriate before long,” according to the central bank’s minutes yesterday.
The Fed will announce increases in its Treasury purchases at its policy meeting Nov. 2-3, helping the U.S. avoid the “very bad” economic outcome of a renewed recession, New York- based Jan Hatzius, chief U.S. economist at Goldman Sachs, said yesterday via e-mail.
Fed Chairman Ben S. Bernanke will discuss business innovation in Pittsburgh today and speak on monetary policy objectives and tools in Boston on Oct. 15.
The Swiss franc traded at 95.71 centimes after yesterday gaining as much as 1 percent to 95.56 centimes against the dollar. It touched 95.55 centimes on Oct. 7, the strongest ever.
Weber Comments
Industrial production in the euro region probably rose 0.8 percent in August, economists forecast before the European Union’s statistics office report today.
The report supports European Central Bank Governing Council member Axel Weber’s comments yesterday that the risk of Europe sliding back into recession is “negligible.” The central bank should stop its bond-buying program, he said.
“These securities purchases should now be phased out permanently,” said Weber, who also heads Germany’s Bundesbank, in a speech delivered in New York yesterday. With policy makers debating when to withdraw other emergency measures, Weber said the risk of “exiting too late” is greater than the danger of “exiting too early.”
Credit-Default Swaps on J.C. Penney Rise on Concern Over Credit Profile
By Mary Childs - Oct 12, 2010 6:19 PM CT
Credit-default swaps on J.C. Penney Co. jumped to the highest since April 2009 on concern that recent stake purchases by Pershing Square Capital Management LP and Vornado Realty Trust could change the company’s credit profile.
The cost to protect against losses on J.C. Penney bonds jumped 36.5 basis points to a mid-price of 279.8 at 5:03 p.m. in New York, according to data provider CMA. The contracts surged 50 basis points on Oct. 7 and Oct. 8 as activist investor William Ackman’s Pershing Square disclosed its stake, according to George Ashur, managing director of credit strategy at Societe Generale.
“There’s a lot of anticipation, a lot of speculation: what does he want, what’s he going to do,” Ashur said of Ackman. “The CDS have moved out rather significantly, reflecting the market uncertainty concerning where debt levels will settle, what strategy might be adopted that might change the profile of the company that might adversely affect the credit.”
Pershing Square disclosed a 16.5 percent stake in Plano, Texas-based J.C. Penney on Oct. 8. The hedge-fund firm plans to engage in talks with J.C. Penney’s board and managers regarding the company’s performance, according to a filing with the U.S. Securities and Exchange Commission. In a separate filing, Vornado said it acquired a 9.9 percent stake.
‘Rarely Good News’
“As bondholders recently saw with the Pactiv buyout, leveraged acquisitions are rarely good news for holders of high grade bonds,” Adam Cohen, founder of Covenant Review LLC, wrote in a note Oct. 8. Covenant Review is an independent credit research firm that analyzes corporate bonds’ investor safeguards.
Pactiv, the maker of Hefty trash bags, is being purchased by Rank Group Ltd. for about $4.5 billion and the assumption of $1.5 billion in debt. Its 7.95 percent bonds due in December 2025 traded at 96 cents on the dollar before Pactiv agreed to the takeover in August and ended today at 89 cents, according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority.
Swaps on Fortune Brands Inc. also jumped, climbing 18.9 basis points to 188.1, the highest since Sept. 2009, according to CMA. Pershing Square took an 11 percent stake in Fortune Brands.
Ackman buys stock in companies he deems undervalued, particularly in the retail, restaurant and real estate industries, and urges changes he says will boost shareholder returns. He pushed for a share buyback at Target Corp. in 2007 and lobbied restaurant chain Wendy’s International Inc. to sell land after acquiring a 9.3 percent stake. Shares in J.C. Penney, whose sales fell 45 percent in the past decade, have lost more than half their value since peaking at $86.35 in February 2007. The Standard & Poor’s 500 stock index is down 12 percent on a total-return basis over that span.
Right Place, Right Time
“Whether it’s by good fortune or good management, Penney’s has been at the right place in the right time,” Ashur said. “Now they’re being viewed as an undervalued asset.”
Contracts protecting debt issued by Sara Lee Corp. jumped 5.2 basis points today and 63.6 basis points on Oct. 4 amid speculation the company is a potential target for a leveraged buyout, according to a report by Moody’s Capital Markets Research Inc. director Daniel Coker.
“Sara Lee may only be interested in selling a business or brand, but its active engagement -- with parties who have the potential to buy the whole firm -- raises the risk that the event could happen,” Coker wrote in the note, dated today.
Conducive Environment
The macroeconomic environment is conducive to mergers and acquisitions, according to Coker.
“Companies that hoarded cash during the financial crisis, and have been unable to find a path to growth amid the recession, may be looking at acquisitions to put excess cash to work,” he wrote. “Adding fuel to the fire are exceptionally low interest rates which offer cheap financing to private equity firms.”
Credit-default swaps protecting Avon Products Inc.’s debt also jumped, adding 9.9 basis points to 70 after a report that L’Oreal SA may make a takeover offer for the world’s largest door-to-door cosmetics seller.
A benchmark indicator of overall U.S. corporate credit risk climbed for the first time in a week as stocks fell after minutes of the Federal Reserve’s last meeting showed the central bank was prepared to buy more government debt to stabilize the recovery. Swaps on banks climbed, led by JPMorgan Chase & Co., which increased 8.5 basis points to 83.2, while those on Bank of America Corp. rose 10.1 basis points to 162.4, according to CMA.
Broad Index
Credit-default swaps on the Markit CDX North America Investment Grade Index, which investors use to hedge against losses on corporate debt or to speculate on creditworthiness, increased 0.5 basis point to a mid-price of 97 basis points, according to index administrator Markit Group Ltd. The index, which typically rises as investor confidence deteriorates and falls as it improves, touched the lowest in more than five months yesterday at 96.5 basis points.
Credit swaps pay the buyer face value if a borrower fails to meet its obligations, less the value of the defaulted debt. A basis point, 0.01 percentage point, equals $1,000 annually on a contract protecting $10 million of debt.
JPMorgan Stock Analysts Best Barclays to Lead Institutional Investor Poll
By Rita Nazareth - Oct 12, 2010 6:27 PM CT
JPMorgan Chase & Co.’s stock research group won the top slot in Institutional Investor magazine’s 39th annual ranking for the first time, breaking Barclays Plc’s two-year winning streak.
JPMorgan, based in New York, had 46 analysts on the list, two more than last year, the magazine said. Institutional Investor said the rankings were dominated this year by analysts who best understood global economic developments such as U.S. health-care and financial reform, Europe’s government debt crisis and the Gulf of Mexico oil spill. (Click here for the list of “2010 All-America Research Team First-Teamers.”)
“The market was driven by macro events, and analysts needed to understand and interpret those events to provide perspective on which sectors and stocks would outperform,” Thomas Schmidt, the New York-based head of Americas equity research at JPMorgan, told Institutional Investor. JPMorgan also won first place in the magazine’s ranking in September of fixed-income analysts.
Barclays of London was voted second, with 43 analysts on the list compared with 46 last year. It won in 2008 and 2009, and it owns the U.S. operations of Lehman Brothers Holdings Inc., which was ranked highest during the five prior years.
Bank of America Corp.’s Merrill Lynch Global Research held its third-place position, while Credit Suisse Group AG came in fourth and UBS AG took fifth. Bank of America is based in Charlotte, North Carolina, while Credit Suisse and UBS have their headquarters in Zurich.
Biggest Increase
Morgan Stanley had the biggest climb in the top 10, rising from ninth place to seventh after increasing the number of analysts on the list by eight to 24. Goldman Sachs Group Inc. slipped to tenth from eighth place with 10 analysts. Both companies are based in New York.
The magazine surveyed 3,500 investors at 970 companies with assets of $10.2 trillion to produce the stock-analyst ranking.
Winners included Brad Hintz, a New York-based brokers and asset-managers analyst at Sanford C. Bernstein & Co., and Francois Trahan, a portfolio strategist who quit ISI Group to help form Wolfe Trahan & Co. For the largest banks, Deutsche Bank AG’s Matthew O’Connor was No. 1.
The following are the firms ranked highest in the
Institutional Investor survey:
2010 2009
Ranking Firm Ranking
1 JPMorgan Chase & Co. 2
2 Barclays Plc 1
3 Bank of America Corp. 3
4 Credit Suisse Group AG 5
5 UBS AG 4
6 Sanford C. Bernstein & Co. 6
7 Morgan Stanley 9
8 Citigroup Inc. 7
9 Deutsche Bank AG 10
10 Goldman Sachs Group Inc. 8
10 ISI Group Inc. 11
Dow Jones 100 Year Chart. In March 2009 the DOW hit 6500 and now we are 11,020 I'm not buying any of this so called we have recovered from a recession.
Take a look at this 100 year chart. Are we setting up the head & shoulders pattern for 2010 & 2011 ?
http://stockcharts.com/charts/historical/djia1900.html
Dow Jones 100 Year Chart. In March 2009 the DOW hit 6500 and now we are 11,020 I'm not buying any of this so called we have recovered from a recession.
Take a look at this 100 year chart. Are we setting up the head & shoulders pattern for 2010 & 2011 ?
http://stockcharts.com/charts/historical/djia1900.html
OPTIONS: Stocks to watch for NOV, 10 call/puts do some dd on these stocks here. All these stocks listed below are interesting due to the recent news events happening with in the company. Happy Nov, Trading !
pe = P/E Ratio
AAPL "pe 22x"
DTG "pe 12x"
PCLN "pe 29x"
POT "pe 32X"
CMG "pe 37x"
OPTIONS: Stocks to watch for NOV, 10 call/puts do some dd on these stocks here. All these stocks listed below are interesting due to the recent news events happening with in the company. Happy Nov, Trading !
pe = P/E Ratio
AAPL "pe 22x"
DTG "pe 12x"
PCLN "pe 29x"
POT "pe 32X"
CMG "pe 37x"
They sure have got a big mess now that's for sure. I'm surprised the stock has held in the low 30's the last few days...But I did like that bounce from $29.00 to $34.00....:)
Let's hope they get that leak stopped soon. I'm surprised it's lasted this long.
BP May Pay More Than $20 Billion in Claims, Carol Browner Says
BP Plc probably will pay more than the $20 billion the British company has pledged to set aside for claims from the worst oil spill in U.S. history, White House environmental adviser Carol Browner said.
“It is likely that the number will be higher,” Browner, President Barack Obama’s senior aide on energy and the environment, said in an interview on Bloomberg Television’s “Conversations with Judy Woodruff,” airing this weekend.
BP agreed yesterday to set up a $20 billion compensation fund for victims of the environmental and economic disaster of the spill in the Gulf of Mexico. BP and the Obama administration are struggling to stop the flow of as much as 60,000 barrels of oil daily from the well.
BP should be able to contain as much as 90 percent of the gushing crude in coming days or weeks, Obama said in a June 15 address from the Oval Office.
“We have pushed them very hard to improve that plan that will get us to up to 90 percent of it captured while the relief wells are being dug,” Browner said today. BP is working to finish relief wells by August that the company says provide the only prospect of plugging the leak completely.
MUTM....nice hits coming in now..:) bring on the .0004's