Nigeria’s State Owned Oil Company To Go Public
08/17/2018 6:24 PMThe Nigerian National Petroleum Corporation will float 40 percent of its stock on the local stock exchange once the President signs the Petroleum Industry Governance Bill, Nigerian media report. The PIGB is at the heart of an energy sector overhaul aimed at making the...
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Can The S&P 500 Shake Off Negative Sentiment?
08/17/2018 6:12 PMPaul Rejczak weighs in on a downtrending S&P 500, and gives his take on where it's headed next. The U.S. stock market indexes lost between 0.6 percent and 1.2 percent on Wednesday, extending their short-term downtrend, as investor sentiment worsened. The S&P 500 index...
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Venezuela’s Gold Reserves Are Reaching Critical Levels
08/17/2018 6:08 PMVenezuela has sold off most of its gold reserves to pay off debts. The country barely has any gold left in reserve. Its massive oil supplies were once its largest export. Now, the country has announced that it will export only one million barrels of oil a day next...
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Google One is More Proof of Commoditization of Consumer Cloud Storage
08/16/2018 6:35 PMWe have long known that the price of cloud storage services like Dropbox, Google Drive and Microsoft OneDrive have been getting cheaper over time. Yesterday’s launch of Google One in the U.S. dropped the price for Google storage even further, cutting the cost per...
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Hall of Fame Bad Idea
08/16/2018 6:33 PMThey're still pushing lowering the vote to 16 year olds. Apparently there are not enough ill informed voters to manipulate. A 16 year old can't get tried in adult court because they are not yet deemed to have adult decision making capabilities. They won't be able to...
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Hone In On Health Care In China With This New ETF
08/16/2018 6:25 PMTodd Schriber of Benzinga.com breaks down why he believes China's healthcare sector is about to take off. As the world's largest country by population, China presents investors with a potentially lucrative health care opportunity. A new exchange traded fund looks to...
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The Two Trillion Dollar Markets Amazon Hasn’t Conquered
08/16/2018 6:16 PMPresident Donald Trump once tweeted that Amazon Inc. was putting thousands of retailers out of business. Although his polemic might have been motivated by ongoing rancor towards Jeff Bezos and The Washington Post, he was spot on. And the e-commerce giant is not done...
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Q2 13F Roundup: How Buffett, Einhorn, Loeb And Others Adjusted Their Portfolio
08/15/2018 6:43 PMThe latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.... CLICK for complete...
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Tesla’s Board Delivers A Stern Message To Elon Musk
08/15/2018 6:36 PMOne of the key questions to emerge from Elon Musk's "funding secured" fiasco is where the board was before, during and after the series of torrid tweets sent out by the Tesla CEO in the past two weeks. In an overnight NYT article, we finally see a clear picture of...
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The Statement That We Will Stop Using Fossil Fuels in the Next 20 to 30 Years Is Nonsense
08/15/2018 6:35 PMAs Al Gore's chief climate change advisor James Hanson recently stated, the idea that renewable energy and batteries are going to provide all the energy we need is both fantastical and grotesque. In fact, perpetrating that myth will assure the dominance of fossil...
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