iShares Dow Jones US Oil Equip. (ETF)
Remember how each episode of The Beverly Hillbillies started? Sure enough, Jed aimed his shotgun, fired a shot, and oil came gushing through the ground. A more pragmatic result of this simple story is taking place in the oil-services sector. The iShares Dow Jones US Oil Equip. (NYSEMKT: IEZ) is an exchange-traded fund that holds 48 stocks of companies that compete in the oil-services group.
It is the recent positive more »
The American gold rush is back, but this time prospectors are digging for "black gold." Of course the quest for oil never really went away, but interest in domestic production does seem to be rising. According to the Department of Energy, the U.S. is expected to produce more crude oil than it imports in 2013 -- the first time that's happened since 1995. Meanwhile, the International Energy Agency projects more »
"Don’t invest in something you don’t understand".
A motto I usually stand by, as a result I will not touch ETFs or Leveraged ETFs.
Exchange traded funds, or ETFs, originated in the late 1980s and popularity grew quickly as they provided a cheaper way for investors to invest in a basket of stocks, without the high management charges of mutual funds or hedge funds. They also allow smaller more »
Adding international exposure to a portfolio is commonly cited as a way to reduce risk and volatility. In the modern interconnected economy international exposure can easily expose investors to hidden risks. Given the localized nature of some markets a given investment thesis may be relevant for the U.S. market, but not for the international market. Rising natural gas and coal prices in America will be very beneficial for U more »
While I am a big believer in natural gas and think it has a bright future here in America, it will take years to make the switch to natural gas as a transportation fuel, if that ever happens. No matter what, I don’t foresee a future without oil in my lifetime. As we’ve used up more and more of the easy to access oil, the industry needs to more »
There are several reasons to consider some exposure to rising oil prices. The political and military tensions with Iran could get really bad sooner or later, and there are other countries in energy-producing regions that could be involved in more internal or external conflicts. The international scenario is extremely uncertain these days.
Supply and demand factors could also be bullish for oil in the middle term: growing demand from China more »