Both oil and gold are up since the March bottom and many say the benefits of investing in them are very similar, but which is a better buy now? Jerry Castellini, president and CIO of CastleArk Management, and Bart Melek, global commodities strategist at BMO Capital Markets, shared their insights.
U.S. stocks broke two weeks of consecutive gains to finish in the red Friday. Despite of the pullback this week, all major indices remain on track to finish the quarter up 13% or greater.
As we approach another quarter and month end, with just four days to go, the Dow is on track for its best third quarter since 1939, the S&P is on course for its biggest Q3 gains since 1970, and the Nasdaq Composite is having its best Q3 since 1997, based on September 24 closing levels. Will the markets continue to hold on to gains or sell off by the end of the year?
The oil industry has been on a hot streak this year, thanks to a series of major discoveries that have rekindled a sense of excitement across the petroleum sector, despite falling prices and a tough economy, says the New York Times.
The drive for Dow 10,000 hit a bump in the road Monday as investors took a breather, sending stocks down more than half a percent at the open. Stocks remained lower after a report showed leading indicators rose for a fifth straight month.
U.S. stocks rose to fresh 2009 highs this week, as investors continue to bet that an economy recovery might be in place. The Dow Index is once again near the 10,000-mark.
Strong manufacturing data and robust retail sales figures sent the S&P 500 to its highest level for 2009, on Tuesday – one year to the day since Lehman Brothers collapsed.
One year ago on Sunday September 14, Lehman Brothers was scrambling before declaring bankruptcy later that night and Bank of America announced a deal to acquire Merrill Lynch. Here is a look at where major indices and stocks look one year later.
U.S. stocks broke their five-day winning streak on Friday, as a pullback in oil prices led investors to take profits ahead of the weeking; however, all indices posted gains of nearly two percent or more for the week.
Stocks snapped a five-day winning streak Friday as a sharp drop in oil prices and profit-taking offset an improvement in consumer confidence and a rosier outlook from economic bellwether FedEx. Still, for the week, stocks gained 1.7 percent.
Oil prices rose above $72 a barrel on Wednesday for the first time this month as a falling dollar spurred investors to buy commodities as a hedge against inflation. Paul Sankey, oil analyst at Deutsche Bank told investors where they should be looking and shared his outlook for crude oil in the months to come.
Every financial planner tells you to have one, but they never tell you what to do with it.
All major U.S. indices closed to the upside on Friday, as less than expected job losses in August led investors to focus on the positive side of a mixed payroll report, which showed that the unemployment rate jumped to 9.7%, or its highest level since 1983.
Stocks rallied to the finish line Friday as tech stocks surged after some encouraging comments from Intel's CEO. Investors breathed a sigh of a relief after the August jobs report, which showed the unemployment rate hit a 26-year high but layoffs seemed to be tapering off.
Stocks pushed higher after a wobbly start Friday as investors digested a mixed jobs report: The unemployment rate hit a 26-year high but layoffs seemed to be tapering off.
Stocks extended their losing streak for a fourth session Wednesday as hardware stocks advanced but worries about the recovery continued to gnaw at the market.
Stocks clawed higher Wednesday as tech, insurance and energy stocks advanced. Stocks struggled through the morning after readings on employment and manufacturing came in weaker than expected.
PetroChina, Asia's largest oil and gas company, is making a $1.7 billion investment in the Canadian oil sands.
Stocks pulled back Monday as a major selloff in China sent oil prices lower and dragged on the US market.
Stock markets are up 50 percent from the March lows and you need to prepare for a correction. Whether you believe that a 10 percent pullback is reasonable or that something greater is coming, it makes sense to invest with the perspective that a retracement is coming and still be positioned for more market movement forward.