See feature articles below:
About Broad Street Alerts:
Big opportunities in Small Cap’s
Broad Street Alerts recent profiles and track record, 153% in verifiable potential gains for our members on the last 3 small cap alerts alone!
February 10th, 2016- (NASDAQ: BONT) opened $1.65/share hit a high of $3.00/share within 30 days our member potential gains- 83%
March 7th, 2016-(NYSE-MKT: FSI) opened at .91/share and hit 1.10/share within 5 days for gains of 21% for our members.
March 24th, 2016- (NASDAQ: ICLD) opened at $.77/share it a high of $1.15/share within 2 days for gains of 49% for our members.
These are numbers that make traders drool. Any trader in any market would fall all over themselves to see numbers like this. So if you’ve been on the fence, perhaps it’s time to start doing some research and verify our numbers for yourself. We are constantly raising the bar and separate ourselves from the rest of the small-cap newsletters as the best in business.
We know with a large following comes a large responsibility as we have everyone from institutional investors to the beginner following our profiled securities in our newsletters. This is something we take very seriously always seeking small cap growth companies that have both near and long-term potential for our members.
***Get our small cap profiles, special situation and watch alerts in real time. We are now offering our VIP SMS/text alert service for free, simply text the word “Alerts” to the phone number 25827 from your cell phone.
Report for: XCO & GNE
NEWARK, N.J. (AP) _ Genie Energy Ltd. (GNE) on Wednesday reported first-quarter net income of $6.5 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Newark, New Jersey-based company said it had net income of 26 cents.
The provider of oil and gas energy services posted revenue of $58.1 million in the period.
Genie Energy shares have dropped 42 percent since the beginning of the year. The stock has decreased 45 percent in the last 12 months.
Source – AP
Crude oil prices could fall
The IEA (International Energy Agency) estimates that crude oil production from non-OPEC (Organization of the Petroleum Exporting Countries) producers would see the biggest decline in the past 25 years. Read Non-OPEC Crude Oil Production Impacts Crude Oil Prices and Will the Crude Oil Supply and Demand Gap Narrow by Early 2017? to learn more. Previously in this series, we discussed how the supply and demand gap could widen in 2016 and 2017.
Crude oil price forecasts
Natixis Global Asset Management suggests that bearish sentiments could push Brent crude oil prices to as low as $30 per barrel in the short term. Barclays (BCS) suggests that Brent crude could average around $36 per barrel in 2Q16. Goldman Sachs (GS) estimates that Brent crude oil prices will average $35 per barrel in 2Q16. Oil consultancy Ritterbusch & Associates reported that WTI (West Texas Intermediate) crude oil prices have key support at $35 per barrel.
The EIA (U.S. Energy Information Administration) estimates that Brent crude oil prices will average ~$34 per barrel in 2016 and $40 per barrel in 2017. West Texas Intermediate crude oil prices are expected to average $34 per barrel and $40 per barrel during the same period, respectively. Russia, Iraq, and Saudi Arabia are producing near-record levels. Geopolitical tension between Saudi Arabia and Iran could motivate the countries to fight for Market share. They might produce more crude oil to balance their budgets. Read How Are Oil Prices Squeezing OPEC Members’ Budgets? to learn more.
Uncertainty in crude oil prices impacts oil and gas producers like Energy XXI (EXXI), EXCO Resources (XCO), Linn Energy (LINN), Carrizo Oil & Gas (CRZO), and PDC Energy (PDCE). It also impacts ETFs and ETNs like the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), the Direxion Daily Energy Bull 3x Shares ETF (ERX), the Direxion Daily Energy Bear 3x (ERY), and the iShares U.S. Oil Equipment & Services ETF (IEZ).
Source – Market Realist
Broad street alerts has not been compensated for the mention of any publicly traded companies in this article nor do we own positions in any of the companies in this article.
Hot small cap stocks
small cap stock picks
FDA approval stocks
Become a day trader
Day trade stocks for a living
PDUFA date set
micro cap stocks
Best stocks 2016
Hottest small cap stocks
Best stock picks
Who to follow for stock picks
Apple news stock picks
Stock picks on apple news