March 31st, 2015
by EconMatters, EconMatters.com
Crude oil has slid into a definitive bear market starting 2H14. Since most of the oil companies (majors as well as E&Ps) based their budget, growth, and strategy trajectory on ~$50 oil price scenario even for the most conservative, the current ~ $46 WTI price environment has created a crisis situation for many oil and gas producers.
by Chris Mayer, Daily Reckoning
"Few things are harder to put up with than the annoyance of a good example."- Mark Twain, Pudd'nhead Wilson
I write a lot about the virtues of buying stocks and sitting on them. My coffee can portfolio, for example, requires that you sit still for 10 years.
by Asif Suria
Insider buying declined sharply last week with insiders buying $27.48 million of stock compared to $148.24 million in the week prior. Selling also decreased with insiders selling $1.37 billion of stock last week compared to $1.51 billion in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week went up to 49.92. In other words, insiders sold almost 50 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 10.16.
by Jeff Miller, A Dash of Insight
In the absence of real data it is easy and tempting to speculate. Unlike last week, the week ahead features an avalanche of data - more in both quantity and importance than we have seen in a month. With some recent significant reports showing economic improvement we expect a change of focus:
It is time for an economic spring thaw?