The One Reason Faraday Will Not Become the Next Tesla

For the first time in recent years, I missed the annual Consumer Electronics Show that was held in Las Vegas last weekend. In case you’ve never heard of this or never been, it’s the largest consumer electronics and technology tradeshow in the world that showcases over 3,800 companies. This year, the big “reveal” was the[…]

What You Can Expect from Bank Earnings After Trump’s Inauguration

In an exclusive media appearance on CNBC, Tom describes how the “Presidential Cycle” will affect the financial sector during earnings – and reveals his top stock pick for the quarter. The post What You Can Expect from Bank Earnings After Trump’s Inauguration appeared first on Power Profit Trades. Powered by WPeMatico

Why You Shouldn’t Short Health Care Stocks Ahead of Trump’s Inauguration

Since last month, investors and traders have “doubled their bets” on falling health care stock prices after Trump takes office. In the last week of December alone, short interest on the sector rose by nearly $2 billion. Now this is largely because of Trump’s promise to repeal Obamacare – and the steps his incoming administration[…]

You’re About to Get the “Inside Scoop” on Global Energy

Energy and national security have always been tightly linked, and never more so than today. That means that my own involvement in global energy sometimes turns rather geopolitical… And as my suddenly packed travel schedule shows, another round of that is about to happen quickly. Early next week I’ll be flying off to Paris, to[…]

OPEC’s Oil Deal has a Surprising Downside… for OPEC

On Monday, Saudi Aramco (Saudi Arabia’s giant national oil company) confirmed that it would abide by its production cuts under the Vienna Accord, OPEC’s deal to cut oil production. The Saudi commitment is to lower its oil supply by 300,000 barrels a day, and the production action took effect with deliveries this month. This latest[…]

The Little-Known Energy Sector That’s Now in Trump’s Crosshairs

The Environmental Protection Agency (EPA), for better or worse, has huge influence over the U.S. energy markets. So President-elect Trump’s nomination of Scott Pruitt as the new head of the Environmental Protection Agency (EPA) is understandably grabbing a lot of headlines. For one, Pruitt has made no apology for his adamant opinion that the EPA[…]

Exactly How Rising U.S. Production is Affecting You

Since last Friday’s close, crude oil prices have dropped just over 4%. The reason is simple: concern over rising U.S. shale oil production. Indeed, ever since the November 30 meeting in Vienna where OPEC promised to cut oil production, the U.S. response has been the focus of global markets. What happens here may well decide[…]

How Trump’s Exxon Pick is Changing Global Oil Markets

Readers of Dr. Kent Moors’ intelligence briefings over at Energy Capital Research Group – an energy data analytics and price forecasting firm co-founded and chaired by Kent – recently saw his piece on how the incoming administrations pick for Secretary of State could shake global oil markets. To get these briefings as soon as Kent[…]