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Crude Jumps As U.S. Revokes Iran Authorization to Sell Oil Oil futures were sharply higher as the U.S. revoked Iran’s license to sell oil in response to Iranian attacks on ships in the Strait of Hormuz. —- U.S. Revokes Waiver Allowing Sale of Iranian Oil Oil prices jumped after the U.S. Treasury’s announcement, which followed…

Quick Read Chevron beat Q1 EPS by 46% for the sixth straight quarter, powered by 15% production growth from the Hess acquisition, not $100 crude. Exxon trades at $137 and Suncor at $55, while Chevron’s Wall Street consensus target of $217 sits well above its current price. Act now: the analyst who called NVIDIA in…

Warren Buffett has never been shy about voicing his opinion on idle cash. As he explained in an op-ed written for the New York Times during 2008’s subprime mortgage meltdown, “Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is…

Bullish – green stock market chart with arrow up day trade by Quality Stock Arts via Shutterstock I’m old-fashioned when it comes to my stock indexes. I like the Dow Jones Industrial Average ($DOWI) best.  The S&P 500 ($SPX) and Nasdaq-100 ($IUXX) may be more popular, but they’ve become so top-heavy that they’re “go big,…

Tesla (TSLA 3.63%) is a leader in the electric vehicle (EV) market, and a key metric many investors often look for is how many deliveries it made during the past quarter. Strong delivery numbers can be a great sign of rising demand and that the business is doing well. Recently, however, Tesla reported its delivery…

Key Points SpaceX got fast-tracked into the Nasdaq-100 today. The company’s IPO only released a small percentage of the company to the public. Upcoming lockup expirations will likely bring more sellers into the market. Space Exploration Technologies (NASDAQ: SPCX) was added to the Nasdaq-100 index before the market opened today, so investors might be surprised…

Nasdaq rewrote the playbook for SpaceX. The world’s largest IPO is entering the Nasdaq-100 (^NDX) only 15 trading days after it started trading, pulling SpaceX (SPCX) into one of the market’s biggest passive-investing machines before most of its shares are even available to trade. That creates a stock-price setup investors do not usually see at…

Is a market crash coming? That’s a trick question. Because a market crash is almost certainly coming at some point, although no one can predict exactly when. The reason it’s pertinent right now is that the market looks very rich, which can signal a crash coming sooner rather than later. The Shiller or CAPE ratio,…

Quick Read Warren Buffett has been generous with compliments when it comes to Greg Abel His comments so far indicate that he is happy with Abel Investors should pay attention, even though BRK-B stock is yet to catch up Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks…

Warren Buffett has rightfully earned his place as someone whose advice investors listen to and often apply. And through the years, his advice has remained consistent and effective. A common theme in his advice is that the best route for building wealth for the average investor is to consistently invest in an S&P 500 ETF.…