Author: Vikram Rangala
Crude oil: Trouble for some, opportunity for others
In 2008, Warren Buffett and his Berkshire Hathaway bought a large stake in Conoco-Phillips (NYSE: COP), at a time when oil prices were climbing past $100 a barrel. When […]
MF Global Ordered to Make Customers Whole Over Mishandled Funds – Bloomberg
View image | gettyimages.com MF Global Holdings Ltd. was ordered to pay $1.2 billion in restitution and a $100 million fine over claims that a brokerage unit misused customer funds, […]
Cropcast Friday
-No changes for the Midwest. Showers in west central areas early next week will improve soil moisture slightly. The 6-10 day outlook is slightly wetter in west central areas. Temperatures […]
Blount’s Numbahs Friday: Bulls must hold support
good morning – today is series s1L NORMAL and the SPILL is 70 UP with 21 DOWN in the S&P 500 futures (ESZ14:CME).Friday saw price GPA strongly into the next […]
Range-bound, quiet Monday may lead to big Tuesday
The S&P 500 futures (ESZ14:CME) followed a familiar pattern Tuesday, with an opening rally of about 10 handles, followed by a selloff and retest of the early morning lows. If […]
Cropcast Monday: Wetter in South America
-Midwest is slightly wetter Tuesday and Thursday. Snow in northern areas this week will stall remaining corn and soybean harvesting, while cold temperatures will push winter wheat into dormancy. The […]
Stock rally reflects justified long-term optimism
As the S&P (^GSPC:SNP) hits a new all-time high, preceded by the Nasdaq (NQU14:CME), and soon to be followed by the Dow(YMU14:CBT), everyone will be looking for reasons. Many of […]
Crude Oil futures drop on supply, despite Iraq tension
After spending since August 3 in a range between roughly $96.50 and $98.50, crude oil futures (CLU14:NYM) dropped by $2 a barrel today in heavy trading. Both the news from […]