Headlines & Special Reports

The OPEC offer to Iran: Ultra DJ-UBS Crude Oil (NYSEARCA:UCO), Proshares Trust II (NYSEARCA:SCO)

Stock Traders Daily has provided details about the proposal OPEC is making to Iran to cut production.  This deal is a significant added value to Iran, and would allow OPEC to reach its production cut objective.

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OPEC Plan B Starts to Unfold

The news on Friday that Saudi Arabia would not attend the Monday meeting scheduled in Vienna where it and other OPEC members would meet with non OPEC producers including Oman and Russia to discuss their participation in the OPEC deal scheduled for November 30 was negative because it tells us that Russia will not be participating in cuts.

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OPEC Special Report: Oil Price Targets and Expectations

Stock Traders Daily has issued a Special Report on Oil, with emphasis on OPEC production cuts, including trading recommendations that are likely to influence the price of Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM), iPath S&P GSCI Crude Oil Total Return (NYSEARCA:OIL), and United States Oil Fund LP (ETF) (NYSEARCA:USO).

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Market Swoon in December

First, leading into the election, given what happened with the FBI, money flows that would normally have found their way into the stock market paused.  Specifically, I am talking about the money flows from the ECB stimulus program and even more specifically their direct corporate bond purchases.

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OPEC is in a Sweet Spot: UCO, SCO

The Market is coming to grips with something that it did not seem to believe to be a possibility as recently as a few days ago, OPEC is positioned to slash production, support prices, and turn the supply and demand picture for crude on its head.  In addition, they are positioned to do so when global investment in the space is at a very low level, and when producers are being pressured by banks to protect income streams and to not assume more risk without extreme levels of confidence.

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