2 Commodity Stocks to Buy on the Dip: EPD, TRP

The bulls have managed to keep the rebound on Wall Street afloat as major indexes haven’t looking back since the lows seen on October 15th. The surprise stimulus announcement from the Bank of Japan at the end of last month has served as a tailwind for global equity markets, not to mention all the talks about seasonality and the Santa Claus rally already taking root on the home front [for more commodity futures news and analysis subscribe to our free newsletter].

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Earnings Preview: Good News For Oil, Bad News For Gold And Copper (SCCO, TRP, NEM, SU)

Earnings season for Q1 2013 is well on its way, with several bellwether commodity stocks already reporting better-than-expected results. Agribusiness giant Monsanto Company (MON) posted earnings that significantly beat out estimates: earnings rose 22%, while profits came in at $1.48 billion. Meanwhile, Halliburton (HAL) reported an unprofitable quarter, though the company added $1 billion to reserves tied to litigation involving the Deepwater Horizon rig explosion. Barrick Gold (ABX) also beat analyst expectations, clocking in an EPS of $0.86 [for more oil news and analysis subscribe to our free newsletter].

Posted in Commodity Producers, Copper, Earnings, Earnings Reports, Energy, Gold, Industrial Metals, Natural Gas, Precious Metals, WTI | Tagged , , , | 6 Comments

How to Profit From a Keystone XL Pipeline Approval

The Keystone Pipeline has been the subject of much debate for several years now, as this large-scale project has stirred up quite a bit of controversy. The pipeline would be a major step toward reducing America’s dependence on foreign oil, but many are worried about the costs that would be associated with its construction. The proposed pipeline extensions pass through a number of sensitive environments and have therefore been met with extreme opposition. As an investor however, chances are that both a president Romney or Obama will do their best to green light the project come 2013, leading room to make some interesting additions to your portfolio [for more news on the energy industry subscribe to our free newsletter].

Posted in Actionable Ideas, Asset Allocation, Commodity ETFs, Commodity Futures, Commodity Producers, Energy, WTI | Tagged , | 7 Comments