How to navigate rising gas prices, according to financial advisors
Gas prices have spiked more than 30% since Feb. 28, when the U.S. and Israel started the war with Iran. The national average price per gallon is over $4 as of March 31, according to AAA. The Strait of Hormuz, which is effectively controlled by Iran, is one of the world’s most important oil passageways, […]
Iran War Increases Mortgage Rates. How To Find Low Rates
Just as mortgage rates fell below 6% at the end of February — a drop homebuyers awaited for four years — the war in Iran has pushed them back up again. Economists predict rates could fluctuate throughout the year if the fighting continues. Mortgage rates and the 10-year Treasury yield rose in lockstep with oil […]
What Is It and How Can It Save You Money?
Do you soothe your financial anxieties by watching money grow in a traditional savings account? So much so that you avoid putting that money anywhere else out of fear of making mistakes or poor investments? You’re not alone. Shane Walker, CEO of the banking app Qube Money, says he often hears this sentiment from clients. […]
How to profit from oil’s decline after its historic spike
Amidst the uncertainty surrounding the Iran conflict, oil has spiked to historic levels. While extreme vertical moves like this are prime candidates for a short position, war-driven oil spikes have a habit of taking their sweet time coming back down to earth. Because of this, I have to adopt a different layering approach when structuring […]
‘Old economy’ stocks look expensive, software screams cheap. How to proceed
Monday’s batch of Wall Street research made one thing clear: More people are starting to throw in the towel on software. While the sentiment makes sense — analysts aren’t blind to the price action and know their posture is out of step ahead of some key earnings reports — one has to wonder whether it […]
How to profit through options if this oil spike proves short-lived
Oil futures are surging after Israel strategically launched waves of airstrikes against Iran. I want to use options on the Energy Select Sector SPDR Fund (XLE) to produce income as well as properly capture this pop in both crude and brent which I believe will be a short-lived move. Some of Iran’s top military leaders […]
How to build up your bets – and returns – in dividend-paying stocks
Dividend stocks could be poised to get their moment in the sun as interest rates fall – and investors only need to take a simple step to boost their long-term returns in these positions. The Federal Reserve kicked off its rate-cutting campaign in September with a half-point reduction, and central bank policymakers projected that rates […]
How to bet on a comeback in energy stocks while getting paid to wait
Blue-chip energy names like Exxon Mobil and Chevron have been in a sticky situation lately as WTI Crude oil prices have tumbled since trading nearly $95 in late September, recently tucking under $70 this week. Like the over exaggerated moves in the U.S. Treasury complex as of late, I believe that oil futures and energy […]
How to bet on a comeback in energy stocks, which look primed for a bounce
The energy sector has been beaten down since September and is stuck in a downtrend. However, markets don’t usually go up or down in a straight line. When markets go into oversold or overbought conditions, it is common to see counter-trend rallies. In the chart below, I am using the SPDR Energy ETF (XLE) , […]