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  • Longtime bull throws in the towel on MBIA, Assured Guaranty [View news story]
    Piggy backing on Greece they are! What a desperate bunch. Slap them around a bit and tell them to grow up and pay the bills!!
    Jun 29, 2015. 08:47 AM | 2 Likes Like |Link to Comment
  • Natural Gas Exports Ramping Sooner Than Expected [View article]
    Note that TransCanada has adjusted its shipping rates to make Western Canadian gas more competitive with US gas.This will not stop US shipments into Canada but will slow them down. Mexico is a growing market but also has its limitations. The key to natural gas is growing American consumption as it replaces other fuels and the LNG export terminals which should really drive demand. At current prices, most gas producers are in survival mode but this will change as increased demand and stricter environmental requirements start to have an impact. I would be looking at producers like Encana and Chesapeake as even if the price of gas takes a little longer to turn around, these players should still be in business in the long run.

    Jun 29, 2015. 08:43 AM | Likes Like |Link to Comment
  • Futures drop as Greek crisis worsens [View news story]
    Get ready to do some bargain hunting on the North American markets!! :-)
    Greece = not relevant!!
    Jun 29, 2015. 08:28 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    The big traders look for any excuse to create volatility valid or not! 2% of Euro GDP = not valid. And as far as contagion is concerned, when the other see what happens to Greece, it will have the exact opposite effect.
    Jun 29, 2015. 08:26 AM | 3 Likes Like |Link to Comment
  • Major stock futures, euro tumble in reaction to Greece news [View news story]
    Let the markets tank for a while and then it will be time to buy!! Greece = nothing more than a speed bump!
    Jun 28, 2015. 08:12 PM | 1 Like Like |Link to Comment
  • Greek banks, stock exchange to stay closed Monday [View news story]
    And the rest of the planet should just ignore Greece and keep marching forward as it should have done some time ago!!!
    Jun 28, 2015. 05:21 PM | 1 Like Like |Link to Comment
  • Greece's Tsipras sets July 5 referendum on bailout [View news story]
    BS Greece is not stupid enough to swing over to Russia. If they did, they would find out what true misery and being under the Russian boot is all about. As for having had enough with Greece and locking Varoukis out - it was about time! Either Greece gets with the program or time to cut it loose.
    Jun 28, 2015. 05:14 PM | 1 Like Like |Link to Comment
  • Greece's Tsipras sets July 5 referendum on bailout [View news story]
    Problem is that he is harming his people the most.
    Jun 28, 2015. 05:06 PM | 1 Like Like |Link to Comment
  • Greece's Tsipras sets July 5 referendum on bailout [View news story]
    Translation - I have lots of Lu Lu birds in my party and in this government and can not convince them that taking this deal is better than the road to hell and so we will let the people vote on it. Most of the people are more sane than the politicians they have elected! ;-)
    Jun 26, 2015. 08:14 PM | 13 Likes Like |Link to Comment
  • Five-month extension reportedly in the works for Greece [View news story]
    Jun 26, 2015. 10:54 AM | Likes Like |Link to Comment
  • Five-month extension reportedly in the works for Greece [View news story]
    yes but lets get a 10% run up first so we can cash out! ;-)
    Jun 26, 2015. 10:53 AM | 4 Likes Like |Link to Comment
  • OPEC Vs. Team USA Oil Shalers: Round Two [View article]
    - Saudi cost of production = 1/4 of what it costs the shale producers.

    - Opec revenue from oil in 2015 down 20% vs revenue drops of 50% and income totally disappearing for many shale producers.

    - Opec drilling rig count steadily climbing while North American rig count cut in half.

    - cheap money has dried up for shale producers.

    I suspect that most of the shale industry is running on fumes and that as the inventory of wells waiting to be put on line dry up and the hedging rolls of, a lot of them will be in deep trouble with out an increase in the price of oil. The next 6 months should be very interesting!!
    Jun 26, 2015. 09:01 AM | 5 Likes Like |Link to Comment
  • Greece... [View article]
    (Portugal, then Spain, then Italy, etc.) - when they see what happens to Greece as a result of default and exit, they will do what ever it takes to avoid ending up in the same situation. The standard of living would drop considerably in Greece and all sorts of controls would be put in place by the IMF. Debt holders would eventually take a hair cut but it would take years to iron this out. Their would be a huge economic shadow over Greece for a very long time.
    As for the Russia card, quite simply - Greece is not that stupid. Shot of a few economic deals, you will not see a lot developing in that respect.

    Jun 26, 2015. 08:52 AM | 1 Like Like |Link to Comment
  • Greek crisis deepens, talks continue Saturday [View news story]
    The time to draw the line and if need be pull the trigger has a rived and then some!! One way or another it is time to move on from this joke!!!!!!!
    Jun 26, 2015. 08:35 AM | 2 Likes Like |Link to Comment
  • EIA Petroleum Inventories [View news story]
    Could Saudis and pals be baiting the trap here? Imports down and prices rising. So the shale players will start spending and drilling more and the Saudis after the money spigot is in full flow will just start landing more oil in Texas!!!

    Something to consider!
    Jun 24, 2015. 02:59 PM | Likes Like |Link to Comment