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Financial Options

By tomhanna, 1 year and 10 months ago

That popping you hear - it's the oil bubble

The Energy Department reported a big increase in crude oil, propane/propylene and gasoline inventories last week, with a small 500,000 barrel drop in distillate fuel inventories. Total commercial petroleum inventories rose by a whopping 19.6 million barrels and refinery activity rebounded above the 80% level for the first week since Hurricane Ike. Meanwhile, on the demand side, total products supplied was down 8.6% compared to the same period last year with distillate demand down the most at 8.3%.

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By tomhanna, 1 year and 11 months ago

Investing in crisis

Just a few thoughts on investing in the current financial situation. Most of this is targeted to people that have already liquidated their stock holdings or were waiting to get into the market. If you're already in stocks, you have a tough decision - is the bottom near or not. If we're at or near a bottom, your best bet is to hold out for a rebound. If we aren't near the bottom, you might want to take your losses and cash out to buy back in closer to the bottom. I lean to thinking we're near bottom, but that is admittedly a guess.Goldman Sach Tower (Image from Wikipedia)

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Goldman Sachs

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