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How to Invest in Crude Oil Like an Expert

Learn how to invest in crude oil like market experts across the country. Oil stocks are coming off a few of the worst weeks in market history. Yet, now is the time to consider opening your checkbook while the pricing is low.
There are many different avenues to oil investing. For example, you can invest in crude oil ETFs, buy up futures contracts or own physical crude oil.

Learn How to Invest in Crude Oil to Expand Your Portfolio
Let’s breakdown the many ways you can take advantage of the crude oil market. In general, there are three primary investment opportunities. Each has …read more […]

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‘It would be unusual and unprecedented for a bear market to only last 30 days’: Wells Fargo Investment Institute President

Darrell Cronk, President of the Wells Fargo Investment Institute, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the markets are faring amid the coronavirus outbreak. …read more […]

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Billionaire Steven Cohen Picks up These 2 Stocks on the Dip

Stocks roared higher on Monday, but one legendary hedge fund manager isn’t breaking out the champagne just yet. Optimism that COVID-19’s spread may be slowing powered the market’s impressive rally, with the Dow Jones closing the session up by over 1,600 points. That said, it may be too early to start toasting to the market’s recovery and the end of dramatic volatility.Billionaire Steve Cohen is warning staff of his investment firm, Point72 Asset Management, to stay cautious as stocks rebound from the COVID-19-driven sell-off. “Markets don’t come back in a straight line; after an earthquake there are tremors… We need …read more […]

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3 “Strong Buy” Penny Stocks With Over 50% Upside Potential

Are you ready to find some deals in the stock markets? The S&P 500 skyrocketed 7% yesterday, marking a strong trading session in what appears to be a true rally. Judging by the market charts, it looks like stocks bottomed out on March 23.Bob Doll, chief equity strategist at Nuveen, noted, “The stock market will bottom before the economy does, The stock market may have bottomed at 2,192 on the S&P.”It’s a situation that gives investors an incentive to buy. We’re not in a true bull market – not by a long shot – but the recent bear has pushed …read more […]

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Exxon Disrupts Shale Ambitions to Shrink Spending by 30%

(Bloomberg) — Exxon Mobil Corp. is targeting its premier shale assets for deep cuts as it slashes worldwide spending to a four-year low and delays major projects to adapt amid the worst oil-price rout in decades.Exxon will reduce this year’s spending by 30% to $23 billion, the Irving, Texas-based company said in a statement on Tuesday. It will be the second-largest budget cut in the company’s modern history, overshadowed only by 2016, when crude markets last collapsed.The largest share of the reductions will occur in the Permian Basin of West Texas and New Mexico, where Exxon will cut back on …read more […]

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Gilead Generates Street Skepticism Ahead of Covid-19 Results

(Bloomberg) — Results from a study of Gilead Sciences Inc.’s experimental Covid-19 medicine are top-of-mind for Wall Street as cases surpass 1.35 million and deaths approach 76,000.With a potential vaccine more than a year away, Gilead’s antiviral remdesivir offers one of the nearest-term hopes for a treatment in the pandemic that’s sweeping across the globe and putting many countries, including most of the U.S., on lockdown. Results from late-stage studies out of China are expected this month with results from U.S. trials following in May.After the company’s valuation surged more than $20 billion from late January to early March, some …read more […]