Things are lining up in favor of the market bulls. How to proceed from here
Stock market bulls are eating well to kick off a new week of trading. Oil is nosediving Monday on news of a memorandum of understanding to end the U.S.-Iran war and reopen the vital Strait of Hormuz. That’s improving the inflation outlook and sending bond yields lower — just in time for Federal Reserve Chairman […]
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, […]
How To Get Cheap Gas at Wholesale Clubs
Costco, the mammoth wholesale retailer known for its affordable gold and $1.50 hot dogs, is set to open its first standalone gas station in Mission Viejo, California. Costco has been a competitor in the fueling space since 1995, but its gas stations have always been built alongside its warehouse stores. Now, the company is expanding […]
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 […]