There is no question that oil prices are down, which means that if you go to the gas station you pay less. But maybe you do not do any shopping, maybe your butler does your shopping. The rest of us we know that insurance prices are up, education prices are up, entertainment prices are up, automobile prices are up.
Very, very few things that anyone can name that are actually down. The Government tells us that there is no inflation that people write to me all the time and ask me where does the Government shop?
Related: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Wal-Mart (WMT)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Showing posts with label Nymex Crude Oil futures. Show all posts
Showing posts with label Nymex Crude Oil futures. Show all posts
Wednesday, March 23, 2016
Wednesday, February 24, 2016
Crude Oil: Production Is Being Cut
It is happening but many oil wells you just cannot close them down, in the North Sea for instance, many Russian oil fields you just cannot close them down. First and second of all, many people do not believe when prices are down, it takes a while for it to stink in that they really want to close their fields.
But its happening, its happening now, massive cuts are being made in exploration budgets, it is happening.
(United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Nymex Crude Oil futures)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
But its happening, its happening now, massive cuts are being made in exploration budgets, it is happening.
(United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Nymex Crude Oil futures)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Monday, January 18, 2016
In A Serious Panic, Crude Oil May Hit 20 Dollars
As you know, normally when prices go up, they go up too high and turns into bubbles and hysteria and when they go down, panic and fear sets in and markets overreact to the downside.
It looks to me that we are going to have an overreaction in many markets on the downside. How low can Crude Oil go? I think I have said 32 dollars a barrel last time. But who knows? If the kind of panic that we see now sets in, you pick the bottom. I do not know. I am not smart enough. People talk about 20 dollars a barrel. Why not in a serious panic? That is not my prediction but it is what some people are saying and in a serious panic everything overshoots on the downside.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
It looks to me that we are going to have an overreaction in many markets on the downside. How low can Crude Oil go? I think I have said 32 dollars a barrel last time. But who knows? If the kind of panic that we see now sets in, you pick the bottom. I do not know. I am not smart enough. People talk about 20 dollars a barrel. Why not in a serious panic? That is not my prediction but it is what some people are saying and in a serious panic everything overshoots on the downside.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Friday, January 8, 2016
Crude Oil: How To Look For A Bottom In Prices
Oil seems to be making a complicated bottom. I am not a technician but I know how they think. And when a lot of bad news come out and oil does not go down maybe it is making a bottom. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE), Marathon Oil (MRO), ConocoPhillips (COP), Exxon Mobil (XOM))
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Friday, December 4, 2015
Energy Prices: Making A Bottom
I have noticed that energy prices do not go down much, they do not collapse, even when there is bad news. Usually, when there is bad news and things do not continue to go down, it is likely making a bottom. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures)
Thursday, August 27, 2015
Crude Oil: Higher In 2 Or 3 Years
Jim Rogers expects crude oil to be trading higher from the current levels in 2 or 3 years even if we have a global recession.
Tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), Transocean (RIG)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Wednesday, August 26, 2015
Crude Oil: A Bottom Later This Year
Jim Rogers explains that the energy complex is in the process of making a complicated bottom and that crude oil may bottom later this year or in early 2016.
Tickers: Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Wednesday, August 12, 2015
Crude Oil: Making A Complicated Bottom
Jim Rogers explains his current outlook for the oil market and why it may be in the process of making a complicated market bottom.
Tickers: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Exxon Mobil (XOM), Marathon Oil (MRO)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Tuesday, August 11, 2015
Many Energy Companies Will Have Problems
With the recent drop in Crude Oil prices many energy companies will have problems and there will be some bankruptcies especially in the fracking business.
Tickers: Energy Select Sector SPDR ETF (XLE), Nymex Crude Oil futures
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Monday, August 3, 2015
Crude Oil: Longer Term Outlook
Jim Rogers thinks that in the longer term, the surprise will be how high crude oil goes and also how high it stays.
Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), Halliburton (HAL)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Thursday, July 30, 2015
Crude Oil: Supply & Demand Situation
Jim Rogers explains the current dynamics of supply and demand in the Crude Oil market.
Trading Tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Marathon Oil (MRO), Exxon Mobil (XOM)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Wednesday, July 29, 2015
Is The Commodities Bull Market Over?
Jim Rogers on why he thinks the commodities bull market is not over.
Trading tickers: SPDR Gold Trust ETF (GLD), United States Oil Fund LP ETF (USO), Nymex Copper Futures, Nymex Crude Oil futures
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Wednesday, July 22, 2015
Oil Prices Going Down Will Remove A Lot Of Supply
Crude Oil: With prices going down a lot of supply will go out of the market.
Tickers: Exxon Mobil (XOM), Marathon Oil (MRO), Halliburton (HAL), Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil Futures
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Crude Oil: Retesting The Lows
Crude Oil is probably going to retest the lows.
Trading tickers: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Tuesday, July 21, 2015
Iran`s Impact On Oil Prices
Iran has been selling oil, they may sell more now but do not think Iran has not been selling oil. There are plenty of people who would buy it, certainly plenty of people in Asia.
So, whatever oil they bring back on the market it is not going to be that much and certainly not that soon.
Trading tickers: Exxon Mobil (XOM), Halliburton (HAL), Marathon Oil (MRO), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
So, whatever oil they bring back on the market it is not going to be that much and certainly not that soon.
Trading tickers: Exxon Mobil (XOM), Halliburton (HAL), Marathon Oil (MRO), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Monday, July 20, 2015
Nuclear Deal: It Will Lead To A Test Of The Lows In Oil
Usually when you have a big collapse in anything, it hits a bottom and then there is a big rebound, in America we call it a dead cat bounce, and then you have a second test of the lows. This is going to lead to a second test of the low. There is always a reason for a second test and now we are having it.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Saturday, July 18, 2015
Is Crude Oil Going To Stay Down Forever?
Is Oil going to stay down forever? No.
Remember, the known reserves around the world are in decline, except for fracking.
Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Remember, the known reserves around the world are in decline, except for fracking.
Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Friday, July 17, 2015
Video: Oil Is Not Staying Down For Long
Trading Tickers: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Exxon Mobil (COM), Marathon Oil (MRO)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Wednesday, July 15, 2015
Crude Oil Will Probably Retest The Lows
The way most markets work when you have a big collapse, there is a bounce, often called a dead cat bounce and then after a while you have a retest of the lows. I would suspect that crude oil is going to retest the lows which was in the 40s or 50s depending if you are talking about Brent or WTI. But yes, I would not be buying crude oil at the moment because I am looking at a retest of the lows. I expect that test to hold.
Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE), Halliburton (HAL), Marathon Oil (MRO)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE), Halliburton (HAL), Marathon Oil (MRO)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Tuesday, May 19, 2015
Video: Views On The Crude Oil Market
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
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