Crude prices rose sharply to start September, up 2.1% to $71.29/bbl, fueled by the evacuation of two Anadarko (NYSE:APC) platforms in the Gulf of Mexico ahead of the approach of Hurricane Gordon, while ExxonMobil (NYSE:XOM) warned of a supply crunch in Nigeria (see both below). In addition, with “ship-tracking data now pointing at a reduction in Iranian exports, […]
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If you feel you are too heavy on the buy side in your portfolio, here is a stock that you could consider to short. It could be a hedge play or a short for those that are dying to sell this up-trending market. Tune in to see why $EW is a candidate to short and […]
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