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Tag Archives: energy

Post-election market drama

Last Tuesday evening, while dining with family and business associates, I had one eye on the elections and the other on the Dow Jones Futures Index, a proxy for the Dow Jones Industrials (DJIA) in the non-trading hours. At one point, the futures were down 900 points, and I was drooling over the prospect of one of those quite rare buying opportunities produced by extreme market fear, irrationality and emotional distress. …Read More

Hedging against oil spikes

The recent turmoil in Iraq has led many people to believe that the price of crude oil could spike and derail the economy. Jay Leno once joked, “There was a sign at the gas station near by my house that said, ‘We take Visa, MasterCard, Discover Card, and American Express.’ After I filled up, they took my Visa, Master Card, my Discover Card, and my American Express.” The price of …Read More