Oil Heading for Sudden 8% Drop

By Christian DeHaemer (Wealth Daily | Original Link) There has been a lot of talk about the president and his desire to increase the price of oil and gasoline, and replace it with suddenly competitive energy sources like solar, wind, and twisted rubber bands. This week, Obama went to the…

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Saudi Arabia And China Team Up To Build A Gigantic New Oil Refinery

The largest oil exporter in the Middle East has teamed up with the second largest consumer of oil in the world (China) to build a gigantic new oil refinery and the mainstream media in the United States has barely even noticed it. This mammoth new refinery is scheduled to be…

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Jobless Data Shows U.S. Decoupling

This morning’s economic data is giving investors the clearest possible evidence of divergence in global economic growth outlook, with the U.S. economy decoupling from Europe and China. We have another better-than-expected read on Initial Jobless Claims in the U.S., while readings of the manufacturing sector in China and Europe show…

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Options Call Play Of the Day: ALXN

Alexion Pharma – ALXN – close: 89.81 change: +0.80 Stop Loss: 87.75 Target(s): 98.00 Current Option Gain/Loss: Unopened Time Frame: 3 to 4 weeks New Positions: Yes, see below Company Description Why We Like It: Alexion Pharmaceuticals is a biopharma company. The stock has been stair-stepping higher for weeks. Shares just…

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The Crazy Things That One Whistleblower Says Are Happening At JP Morgan Will Blow Your Mind

Rampant silver manipulation?  Rampant gold manipulation?  Rampant LIBOR manipulation?  Hiding MF Global client assets?  These are all happening at JP Morgan according to an open letter reportedly written by an anonymous employee of the firm.  The whistleblower also warns of a “cascading credit event being triggered” by derivatives related to…

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How Is It that Rich Investors Never Miss Out?

The talking heads in the financial media aren’t very much concerned with your long term investing success. They only care about convincing you to stay in the market at all times and fixated to their analysis for the latest market movements. When you hear someone else getting excited about a…

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One of the Market’s Ultimate Income Streams Just Got Bigger

On March 1, you probably missed one of the most important pieces of investment news so far this year… This was just before the market began its three-day, 2.2% “hiccup.” And most traders were so worried about seeing their volatile, low-quality stocks sink in price, they didn’t even notice how…

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Did We Jump The Gun on This Economic Recovery?

Not so fast.  Those that are publicly declaring that an economic recovery has arrived are ignoring a whole host of numbers that indicate that the U.S. economy is in absolutely horrendous shape.  The truth is that the health of an economy should not be measured by how well the stock…

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Who Is Monitoring You on Facebook and Twitter?

Why is there such a sudden obsession with monitoring what average Americans are saying on Facebook and Twitter?  To be honest, the vast majority of what is being said on Facebook and Twitter is simply not worth reading even if you could understand it.  But for the FBI, the CIA,…

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10.7 Percent: Unemployment In Europe Is Worse Than It Was At The Peak Of The Last Recession

The unemployment rate in the eurozone is now 10.7 percent.  That is the highest the unemployment rate has been since the introduction of the euro.  The unemployment rate in the eurozone never got any higher than 10.2 percent during the last recession.  This is very troubling news.  It was just…

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How High Will the S&P 500 Go This Year?

All of the strategists at Zacks recently consulted the office crystal ball in order to give their predictions on how high the S&P 500 would trade during the year. Like the Magic 8 Ball, that sometimes tells you, “ask again later”, the crystal ball always doesn’t give you a straight…

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8 Reasons Why The Greek Debt Deal May Not Stop A Chaotic Greek Debt Default

The global financial system is not a game of checkers.  It is a game of chess.  All over the world today, news headlines are proclaiming that this new Greek debt deal has completely eliminated the possibility of a chaotic Greek debt default.  Unfortunately, that is simply not the case.  Rather,…

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