Investors had an incredible opportunity to pick up some of the best oil dividend stocks in over a decade. Many U.S. oil companies and especially Canadian oil stocks showed signs of hitting a near term bottom. A handful of oil stocks exploded out of their comas.
One of the keys to success in the markets is to look for value where others don’t see it.
Coming off of the recent attack on Saudi Aramco’s infrastructure, oil prices had a shock move higher. Still, oil prices remain fairly low and attractive for bargain hunting investors.
Some may see low oil prices as a negative and write off investing in the sector. But for a specific group of stocks, low oil prices are a good thing.
Oil Dividends – Stocks in the Juicy Refining Sector
The refining sector loves low oil prices because low oil prices mean low input costs for them. Crude oil is the main ingredient refiners need to crack oil hydrocarbons into new products like gasoline and heating oil.
The best-case scenario is falling crude prices and steady or rising gasoline prices. And because there’s no pure-play producer in Canada, I’m going to focus on the U.S. refining sector here.
Chaka: Jason, thanks for joining me here today in Carlsbad, California. Let’s get right to it…
We’ve all seen the doom-and-gloom headlines about inverted yield curves, geopolitical uncertainties, and trade war fears. These developments have the mainstream financial press worried that a market crash is around the corner.
And during your presentation, you agreed a crash is coming—but said they have the wrong “crash” in mind.
Jason: That’s correct. The crash won’t be in stocks. It’ll be a rates crash.
Let me explain…
The effective federal funds rate is the interest rate banks charge each other for overnight loans to meet their reserve requirements. And it’s the most influential interest rate in the world. It affects everything from employment… to growth… and even inflation.
Since it peaked at 19.1% in June 1981, the effective fed funds rate has plunged. Today, it’s 2.13%…
Today, there are as many streaming services as there are quality TV shows.
Between names like Apple TV+, Disney+, HBO Max, AT&T TV NOW, NBCUniversal, and Discovery, you may soon be paying more than $50 a month just on streaming services.
But there's an equally difficult decision you need to make... Before you can catch up on the latest episodes of Planet Earth or The Simpsons, you need to pick a streaming device.
Obviously, you can watch most of these on your phone or computer with no problem. But when it comes to watching streaming services on your TV, your set-top box won't cut it anymore.
The options are nearly endless. Besides pricey smart TVs, you can pick from the big-name Amazon Fire Stick, Google Chromecast, or Apple TV, among others
Steve Koomar, editor of Vigilante Investor and Curzio’s newest guest commentator, is back with us today to talk about the oil market.
Steve has covered the oil sector extensively for many years. On this episode, he shares his views on the recent attack on Saudi Arabia’s Khurais oilfield. He also gives you some of his favorite energy names to buy right now… and which to avoid [10:41].
Oil prices affect just about every sector of the economy. But in my educational segment, I debunk the theory that higher oil prices will derail the U.S. consumer and crush corporate profits. I also give you a few tips on how to gain exposure to this volatile sector… without taking on a lot of unnecessary risk [30:41].
Dear Rich Lifer,
Although the U.S. economy continues to grow and add jobs, talk of the dreaded “R” word is on the rise due to a number of worrying signs.
Yes, I’m talking about a “Recession”.
Between the ongoing trade war with China, an inverted yield curve, and the Federal Reserve lowering short-term borrowing costs, investors are starting to get spooked.
A question I get asked a lot is what should retirees do with their money when a recession is looming?
When the market crashed in 2008, an estimated $2.4 trillion disappeared almost overnight from Americans’ 401(k)s and IRAs.
The fear of losing everything to another recession is sending a lot of investors running for the hills.
However, there are steps you can take today to minimize losses during a recession, no matter your age or financial situation.
Here’s a checklist you can follow so that your investments and savings can weather any financial storm.
By Teeka Tiwari, editor, Palm Beach Confidential
Satoshi Nakamoto is the most unstoppable man in the world.
President Trump can’t bully him with tweets. And Federal Reserve Chair Jerome Powell can’t inflate his currency away…
The Federal Trade Commission can’t fine him. The IRS can’t audit him, either…
Because he lives beyond the reach of governments.
Now, if you’ve never heard of Satoshi Nakamoto, he’s the pseudonymous creator of bitcoin.
No one really knows his true identity. Some people claim to be him. Others say he doesn’t exist.
But it doesn’t matter…
You see, Satoshi Nakamoto represents something much greater than one man. He’s an icon for decentralized, pseudo-anonymous networking.
And that’s what separates “true” cryptocurrencies like bitcoin from corporate knockoffs like Facebook’s Libra.
Earlier on, when Bitcoin (BTC) arrived on the scene, most cryptocurrency enthusiasts held on to their coins, as there were only so many places they could be spent. Nowadays, the list of marketplaces and retailers accepting Bitcoin and other cryptocurrencies is significantly larger, providing crypto enthusiasts with more options for making real-world purchases.
Currently, several fast-food restaurants and coffee shops have started accepting Bitcoin as payment. This will likely provide traction for mass adoption as cryptocurrency payments become increasingly commonplace in day-to-day purchases.
Granted, there are some jurisdictions that do not consider Bitcoin or any other cryptocurrency as legal tender. Despite this set back, even big tech companies like Facebook are coming up with payment systems that mimic cryptocurrencies.
Here are some of the leading retailers, merchants and companies that will let you book flights and hotels, buy coffee or pizza, or even go to space with crypto.