MRO

SAUDI KING DEFIES IRAN’S MULLAHS TO HELP OBAMA

It is no secret that President Obama’s reelection hinges in part on gas prices in the United States. Republicans have made a point of emphasizing that Obama’s energy policy is part of the reason behind high gas prices.  Republicans often cite the president’s decision not to allow the Keystone XL

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TAKE PROFITS ON MRO

MRO has been a long term position.     Our reason for buying was that considerable value could be unlocked if MRO went to spin off its refining operations.   Well, it worked out just the way we predicted.   MRO spun off its refining operations.   The new refiner has been trading under the symbol MPC.

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Strategic Assassinations May Keep Iran Nuke-Free, Send Oil Lower

For years, media have reported on a number of military options to bomb Iran’s nuclear facilities.   Iran has learned from the 1981 bombing of Iraq’s nuclear facility.   Nuclear facilities in Iran are widely distributed and most of them are built deep underground. Some of these facilities are believed

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DRAGHI CHANGES THE GAME FOR STOCKS, GOLD, SILVER AND OIL

It turns out that Mario Draghi is Super Mario. Mario Draghi is an ex-central bank governor of Italy who just took over from Jean-Claude Trichet the presidency of the European Central Bank (ECB). In a surprise bold move, Draghi announced that the ECB is lowering its main rate from 1.5%

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STOCKS SMART MONEY IS BUYING: KFT, VZ, WAG, MWW, CYH, MRO, X, HBI,AMD, MCD

Our computer are showing that smart money is buying the following stocks today: MCD AMD HBI X MRO CYH MWW WAG VZ KFT We periodically provide information on trades that we do not recommend, but our  readers may be able to take advantage. Full disclosure: we are long MWW, MRO,

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PROFITING FROM CRISIS IN LIBYA WITH OCCIDENTAL PETROLEUM (OXY) AND MARATHON OIL (MRO)

Image via Wikipedia The crises in Libya appears to be accelerating. It appears that the central government has lost control of several regions of the country. Marathon Oil (MRO) owns 16.33% of the Waha concessions in Libya. We continue to be positive on Marathon in anticipation of its up coming

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