Super spike may lead to super correction
Looking at this chart makes one think that what goes up must come down. Is it possible that the super spike in oil prices has come to an end due to greater fuel efficient driven by CAFE standards…
IAEA Gets Nowhere With Iran Nuclear Talks
While Iran's willingness to reopen talks with the International Atomic Energy Agency about their nuclear program was a surprise, it seems that the motion was mostly for show. Several rounds of…
As promised, the…Index Funds, Where Are We Now?
Index Funds, Where Are We Now? While following important economic news as it continually streams through headlines, its akin to wrapping your mouth around a fire hose to quench your thirst;…
Dollar Up, While Commodities are Getting Smoked
The dollar is having a strong day, while the equities market drifts lower, and big commodities are getting smoked. Silver and crude oil are noticeably lower.
by Harvey Sax
Index IQ…XOIL Tries to Be Spot-On Spot
Global X launched a new equity ETF on Tuesday (3/15/11) that attempts to achieve high correlation to crude oil spot prices. Global X Oil Equities ETF (XOIL) provides exposure to pure-play oil…