Aww you missed me. I don't have a position in CVX but always love to short it when the timing is right.... because it falls pretty fast when it does. I am on here many days in a row and disappear many days in a row just because that is how my work schedule falls. Besides retirement I am waiting to see where to put my money. Many say tapering won't be until next year, yet Bernanke said in june we would see it before the end of this year....we shall all soon see. Next month they will have to redo that whole government deadline/shutdown thing again.
irish, even if you and your death cross had proven to be right (not so far, any way), you need to allow for unpredictable, non-fundamental and non-technical factors ...these would be panic short-covering and, more importantly, share buybacks ...at $5B/yr, buybacks amount to about 10 million shares per quarter...all things being equal, the trustee should be buying when the stock goes down (i.e., tests your death cross), thus putting an artificial floor under the stock and counteracting the death cross (or other technical theories) in ways you can't rationally factor in
That's good news...don't want my stock going down on account of free loaders and ambulance chasers
Bullard said the probability of a taper had risen in light of the strengthening of job growth in recent months.
The Labor Department reported last week that the unemployment rate fell in November to 7%, its lowest level in five years.
Bullard said he expects the job market to continue to improve in coming months.
But at the same time, Fed officials are nervous about recent low inflation readings.
The Commerce Department reported Friday that inflation has risen a scant 0.7% over the past 12 months and just 1.1% on a core basis.
Bullard said there is no “widely accepted reason” why inflation is running so low given the Fed’s stimulus program.
The Fed has said that it would continue to purchase $85 billion-a-month in Treasurys and mortgage-related assets until there was sustained improvement in the labor market.
Many analysts said the Fed might hold off tapering in December and wait until next year to move. Some Fed officials, including Charles Evans, the president of the Chicago Fed, seem to favor that approach.
But others on the U.S. central bank are eager to move.
Lacker said he never was a supporter of the current asset purchase program.
He said that monetary policy can do little to boost economic growth and buying more assets only makes the Fed’s balance sheet that much bigger, increasing the risks associated with the “exit process” when it becomes time to withdraw stimulus.
Lacker said he expects inflation would move back toward the Fed’s 2% goal over the next year or two, but said Fed officials “will want to watch this closely.”
Sentiment: Strong Sell
Do some DD on CADY. I think with the right momentum we could soar past $1
Get the full CADY profile at: ow(dot)ly/rAbsZ
(replace "(dot)" with ".")
Even today these stupid people won't believe it, but one day due to the lack of doctors poor people are going to be dying...the only drs willing to get paid under it will be those 1 step from a malpractice suite.
Go to Healthcare.gov....they will pick up all of your fake bills.
Big Oil anticipates 10-fold surge in carbon cost
Posted on December 7, 2013 at 3:18 pm by Bloomberg
By Joe Carroll
International oil producers are girding for carbon emission costs that may surge to almost 10 times the current prices in Europe, the world’s largest greenhouse gas market, as governments around the world step up efforts to curb climate change.
Exxon Mobil Corp., the biggest energy company by market value, is basing plans for future capital investments on the assumption that it will have to pay $60 a metric ton for carbon emissions.
That’s the most among 11 U.S. and European companies that provided figures in a report released Thursday by CDP, a nonprofit that compiles environmental performance data for investors. Royal Dutch Shell Plc and BP Plc are planning on $40, and Total SA anticipates a carbon cost of $34, according to the New York-based group formerly known as the Carbon Disclosure Project.
Study: US spewing 50% more methane than EPA says
Those estimates compare to European Union carbon credits that gained 1.7 percent to 4.72 euros ($6.46) at 4:20 p.m. in London, according to data compiled by Bloomberg. Companies involved in extracting and processing hydrocarbons such as crude oil and natural gas must ensure that multibillion-dollar investments remain profitable for decades under even the strictest environmental rules, said Deborah Gordon, a senior associate at the Carnegie Endowment for International Peace’s energy and climate program.
“Nobody builds infrastructure that costs tens of billions of dollars to last for a 5- or 10-year lifespan,” said Gordon, a former Chevron Corp. chemical engineer. “These things are built to have 100-year lifetimes, so these companies have to think about what regulatory regimes will look like way beyond the next presidential election cycle.”
Oil producers and power generators are the biggest users of internal carbon price estimates for long-term planning among the
heart strings and lollypops to you. check with Obama and get food stamps
This companys run via bunch of crooks~!~~~~~~chevron soon this will be on you tube count on it~
Sentiment: Strong Sell
I am moving forward!
I am looking forward to next years elections when the progressive, liberal Democrats lose control of the Senate and Obama’s socialistic policies and those that support him are nullified.
The term "Dumb S^$t is referred to Djones1234". You need to grow up and get over your loss in the past election. Get over it Jones and wait for your next opportunity. I have mentioned before fight your personal problems in "YOUR" editorial page. Your story is really getting old.
Lets focus on job growth, stocks & stronger corporate increases, and the increase of "OUR" countries finance inprovements along with money resources and money management.
Jones your running the wrong road, you must move forward.
Sentiment: Strong Buy
and market closed down negative. That is 3 days in a row at the beginning of the month...first time since September 2011...and we were moved DOWN at 7 PERCENT. :/
Sentiment: Strong Sell
I agree Oil demand should in general increase with the global population. I think comparatively chevron spends so much in oil exploration and expansion it is harder for them to have extra cash. I understand why chevron does this, based on a management prospective.... XOM spends less and has a higher return and will have more cash. People want company's that make money. Uneducated people do follow what is popular...i.e. Buffet....I think once IRAN gets more oil into the market other countries are going to feel pressured to pump more and there will be an increased supply. The US (thanks to shale) has never been stronger.....in short for the intermediate term more supply, increased strength of dollar, and pullback of the market should send the stock much, much lower....
As far as fundamentals are concerned, I agree some technical are based on past performance. Computers are set up to buy and sell based on indicators when a stock test those levels. Trading is getting into position to move with that large flow of money. That is what I do....I would consider being a buyer perhaps in 6 months or when this stock hits indicators that it is oversold....maybe near 100 level.
Good to see somebody actually is making a called shot and a timeframe. Thank you. I call all my positions in and out and like when people play devils advocate.
Sentiment: Strong Sell