I’ve noticed more and more traders on the floor of the New York Stock Exchange wearing silly “Dow 20,000” ball caps. That’s a contrarian indicator if I’ve ever seen one.Analysts cheerleading for Dow 20,000 are wasting print and pixels. Even if the Dow does reach 20,000, it won’t stay there… Read More

I miss Richard Nixon. His sweaty, sneering, shifty-eyed performances during press conferences were the stuff of comic opera. On the Watergate tapes, Nixon is heard telling his national security advisor Henry Kissinger: “Never forget, the press is the enemy.”In a way, the press is your enemy, too. By that, I… Read More

The sudden selloff in preferreds has created some intriguing opportunities. Read More

A bloated utility merger just hit a major snag. Read More

The president is energetically planting legal obstacles in the industry’s path as Trump’s time nears. Read More

Attention investors rooting for the Dow Jones to top 20,000:  Economists have started to put nearly 50-50 odds on a recession in the next four years. Sorry for the lump of coal in your stocking.The Bankrate Economic Indicator, a quarterly survey of economists,  put the probability of a recession over… Read More

Estimating the long-term value of oil and gas deposits based on recent energy prices is a tricky but important business. Read More

How President-elect Trump’s cabinet picks could shape future energy policy and impact utility investments. Read More

Two new pipelines get the green light, while another gets dumped. Here’s what it all means for the oil sands. Read More

Only the bloated ‘Financials’ sector earns a lower average IDEAL score than healthcare stocks. Read More