Wall Street seems to be in a bit of a holding pattern, not quite sure which way to go as it ponders how to respond to the possibility of another war, a domestic economy that seems to sputter out with regularity, and the inevitability of a tapering off of the massive bond-buying program that has goosed the equity market to record highs. Read more about ETF Periscope: Investors Unimpressed With Sound of War Drumbeat

daniel / Tag: USO, DJIA, COMP, SPX, VIX, FDN, SOXX, FXL, SMH, QTEC, IGV, VGK, NYMEX, Syria, volatility, Middle East, Crude Oil / 0 Comments

ETF Periscope: Oil Speculators Get Spanked. Or Did They?

by Daniel Sckolnik of ETF Persicope

“It is better to travel well than to arrive.” -- Buddha

Watching crude oil take a serious plunge this week gave motorists a reason to cheer, but left oil traders with a strong, queasy feeling.

Well, at least some of them. Read more about ETF Periscope: Oil Speculators Get Spanked. Or Did They?

daniel / Tag: Crude Oil, DJIA, ETF, FXU, IAT, IEA, IYM, IYZ, NYMEX, RGI, RTL, S&P 500 Index, SPX, Strategic Petroleum Reserve, XLK, XLU / 0 Comments

Phil explains how the oil markets are a colossal scam, once again enriching the big bankers at the expense of everyone else.  And of course, our propaganda machine mainstream media is making matters worse rather than engaging in objective reporting. - Ilene Read more about Fake-Out Thursday – Oil Scam Continues Unabated

ilene / Tag: China, CNBC, commodities, Copper, corporations, economy, FCX, Goldman Sachs, GS, insiders, NYMEX, oil, USO / 0 Comments

On the Verge or on the Edge?

by Daniel Sckolnik of ETF Periscope

“Experience: that most brutal of teachers. But you learn, my God do you learn.” ~ C.S. Lewis Read more about ETF Periscope: On the Verge or on the Edge?