Let the Oil Rally Begin (Again)! Written By: Miranda Marquit 2007-08-15 12:28:29 Is Big Oil ready for its end-of-summer rally? You bet! The stock market is a fickle market; always up and down. And individual stocks are the same way. Energy stocks are especially fickle. But as tropical storms appear to threaten the Texas Gulf Coast, it means that oil company stock is ready to rise. As the Washington Post reports:
The Gulf Coast houses many oil and natural gas installations, and traders will be on alert for any sign that a storm could threaten those operations, interrupting supplies.
Neubert Top 15 Positions for March Month End 2008 Written By: David Neubert 2008-04-06 18:34:06 This month's top 15 is full of financials and oil. I like to bottom fish, and this month it finally worked. My exposure to big bad oil is starting worry my wallet and my heart.
1. Lehman Brothers (LEH - $44.05): Now that more than three years have passed since I left Lehman Brothers I feel it is appropriate to disclose my position in the investment bank. I have to admit that this has not been a great quarter to own any investment bank, but I have a lot of confidence in Lehman management and think that they understand the risks inherent in liquidity that funding an investment bank requires. In other words, they are no Bear Stearns.