http://www.thestockenthusiast.com Wed, 22 Feb 2012 15:33:01 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.thestockenthusiast.com/opinion/why-did-the-airline-stocks-take-such-a-big-hit-yesterday/ http://www.thestockenthusiast.com/opinion/why-did-the-airline-stocks-take-such-a-big-hit-yesterday/#comments Wed, 22 Feb 2012 15:19:12 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2598

Due to the significant rally in crude oil prices over President’s Day Weekend, the airlines stocks got pummeled yesterday. United Continental (UAL), Delta Air Lines (DAL), and JetBlue Airways (JBLU) fell about 10%, while US Airways (LCC) was down 12%.]]>

Due to the significant rally in crude oil prices over President’s Day Weekend, the airlines stocks got pummeled yesterday. United Continental (UAL), Delta Air Lines (DAL), and JetBlue Airways (JBLU) fell about 10%, while US Airways (LCC) was down 12%. Read more [...]]]> http://www.thestockenthusiast.com/opinion/why-did-the-airline-stocks-take-such-a-big-hit-yesterday/feed/ 1 http://www.thestockenthusiast.com/opinion/why-you-shouldnt-be-surprised-if-the-unemployment-rate-rises/ http://www.thestockenthusiast.com/opinion/why-you-shouldnt-be-surprised-if-the-unemployment-rate-rises/#comments Tue, 21 Feb 2012 14:21:52 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2594

A few weeks ago the Labor Department reported that the US jobless rate dropped to 8.3% in January. This is the fifth month in a row the nation’s unemployment rate has fallen and it is presently at the lowest level since February 2009.]]>

A few weeks ago the Labor Department reported that the US jobless rate dropped to 8.3% in January. This is the fifth month in a row the nation’s unemployment rate has fallen and it is presently at the lowest level since February 2009. Read more [...]]]> http://www.thestockenthusiast.com/opinion/why-you-shouldnt-be-surprised-if-the-unemployment-rate-rises/feed/ 10 http://www.thestockenthusiast.com/opinion/should-the-world-play-harder-against-iran/ http://www.thestockenthusiast.com/opinion/should-the-world-play-harder-against-iran/#comments Mon, 20 Feb 2012 15:57:44 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2585
Over the weekend Iran announced they will no longer be selling crude to British and French Companies. A spokesman for the Ministry of Petroleum was quoted as saying, "Exporting crude to British and French companies has been stopped ... we will sell our oil to new customers" What impact, if any, will this have on the global economy?]]>
Over the weekend Iran announced they will no longer be selling crude to British and French Companies. A spokesman for the Ministry of Petroleum was quoted as saying, "Exporting crude to British and French companies has been stopped ... we will sell our oil to new customers" What impact, if any, will this have on the global economy? Read more [...]]]> http://www.thestockenthusiast.com/opinion/should-the-world-play-harder-against-iran/feed/ 26 http://www.thestockenthusiast.com/opinion/will-high-oil-prices-hurt-the-economic-recovery/ http://www.thestockenthusiast.com/opinion/will-high-oil-prices-hurt-the-economic-recovery/#comments Fri, 17 Feb 2012 15:24:08 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2580

Yesterday benchmark West Texas Intermediate (WTI) crude rose 45 cents to $102.24, while Brent crude, which is used to price foreign oil imported by U.S. refineries, rose $1.08 to $120.01. The price of WTI has risen more than 3% since the start of the year and is nearing the 9 month intraday high of $103.73. The increase in Brent has been even steeper, up nearly 12%.]]>

Yesterday benchmark West Texas Intermediate (WTI) crude rose 45 cents to $102.24, while Brent crude, which is used to price foreign oil imported by U.S. refineries, rose $1.08 to $120.01. The price of WTI has risen more than 3% since the start of the year and is nearing the 9 month intraday high of $103.73. The increase in Brent has been even steeper, up nearly 12%. Read more [...]]]> http://www.thestockenthusiast.com/opinion/will-high-oil-prices-hurt-the-economic-recovery/feed/ 5 http://www.thestockenthusiast.com/opinion/why-is-the-us-china-agricultural-symposium-important-for-american-farmers/ http://www.thestockenthusiast.com/opinion/why-is-the-us-china-agricultural-symposium-important-for-american-farmers/#comments Thu, 16 Feb 2012 14:58:47 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2572

Chinese Vice President Xi Jinping is in Des Moines Iowa for the first ever US-China Agricultural Symposium. This is an important step in strengthening the agricultural trade relationship between the US and China.]]>

Chinese Vice President Xi Jinping is in Des Moines Iowa for the first ever US-China Agricultural Symposium. This is an important step in strengthening the agricultural trade relationship between the US and China. Read more [...]]]> http://www.thestockenthusiast.com/opinion/why-is-the-us-china-agricultural-symposium-important-for-american-farmers/feed/ 3 http://www.thestockenthusiast.com/opinion/whats-happening-in-the-commodities-sector/ http://www.thestockenthusiast.com/opinion/whats-happening-in-the-commodities-sector/#comments Wed, 15 Feb 2012 15:13:09 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2566 In an interview with CNBC Asia Squawk Box yesterday I discussed why oil prices are creeping higher and nearing 9 month highs. We also talked about the agricultural commodity sector and where it’s headed.]]> In an interview with CNBC Asia Squawk Box yesterday I discussed why oil prices are creeping higher and nearing 9 month highs. We also talked about the agricultural commodity sector and where it’s headed. Read more [...]]]> http://www.thestockenthusiast.com/opinion/whats-happening-in-the-commodities-sector/feed/ 2 http://www.thestockenthusiast.com/opinion/what%e2%80%99s-in-the-budget-proposal-obama-sent-to-congress-yesterday/ http://www.thestockenthusiast.com/opinion/what%e2%80%99s-in-the-budget-proposal-obama-sent-to-congress-yesterday/#comments Tue, 14 Feb 2012 14:55:10 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2561

President Barack Obama sent a $3.8 trillion budget proposal to Congress yesterday for 2013. Though it is doubtful that Congress will pass this budget, it illustrates many of the elements that will frame the coming political contests between Democrats and Republicans in this election year. Below are many of the highlights from the proposal.]]>

President Barack Obama sent a $3.8 trillion budget proposal to Congress yesterday for 2013. Though it is doubtful that Congress will pass this budget, it illustrates many of the elements that will frame the coming political contests between Democrats and Republicans in this election year. Below are many of the highlights from the proposal. Read more [...]]]> http://www.thestockenthusiast.com/opinion/what%e2%80%99s-in-the-budget-proposal-obama-sent-to-congress-yesterday/feed/ 11 http://www.thestockenthusiast.com/opinion/the-irs-issues-new-rules-for-reporting-stock-sales/ http://www.thestockenthusiast.com/opinion/the-irs-issues-new-rules-for-reporting-stock-sales/#comments Mon, 13 Feb 2012 14:30:57 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2556

Last October the Internal Revenue Service (IRS) released a new version of the annual tax forms investors receive from their brokers, called the 1099-B. While the new version will require less effort from investors when filing their taxes, it could also curtail their expected profits. ]]>

Last October the Internal Revenue Service (IRS) released a new version of the annual tax forms investors receive from their brokers, called the 1099-B. While the new version will require less effort from investors when filing their taxes, it could also curtail their expected profits. Read more [...]]]> http://www.thestockenthusiast.com/opinion/the-irs-issues-new-rules-for-reporting-stock-sales/feed/ 14 http://www.thestockenthusiast.com/opinion/who-benefits-from-the-26-billion-foreclosure-settlement/ http://www.thestockenthusiast.com/opinion/who-benefits-from-the-26-billion-foreclosure-settlement/#comments Fri, 10 Feb 2012 13:15:34 +0000 Matt Grossman http://www.thestockenthusiast.com/?p=2549 Yesterday, President Barack Obama announced a historical settlement of a long-running probe into allegedly shoddy foreclosure practices at the nation's five largest loan services.]]> Yesterday, President Barack Obama announced a historical settlement of a long-running probe into allegedly shoddy foreclosure practices at the nation's five largest loan services. Read more [...]]]> http://www.thestockenthusiast.com/opinion/who-benefits-from-the-26-billion-foreclosure-settlement/feed/ 18 http://www.thestockenthusiast.com/opinion/where-are-gasoline-prices-headed/ http://www.thestockenthusiast.com/opinion/where-are-gasoline-prices-headed/#comments Thu, 09 Feb 2012 14:11:18 +0000 johnbell http://www.thestockenthusiast.com/?p=2546 Though crude oil prices are nearly unchanged from their level last year, gas prices around the country were higher last month than any other January on record. According to AAA, the national retail average price for a gallon of self-serve regular gasoline stands at $3.48, nearly 12% more than 12 months ago.]]> Though crude oil prices are nearly unchanged from their level last year, gas prices around the country were higher last month than any other January on record. According to AAA, the national retail average price for a gallon of self-serve regular gasoline stands at $3.48, nearly 12% more than 12 months ago. Read more [...]]]> http://www.thestockenthusiast.com/opinion/where-are-gasoline-prices-headed/feed/ 8