trading

Crude trading starts below $76

New York -- Trading for light, sweet crude oil began below the $76 mark Monday on the New York Mercantile Exchange.

Early morning trading indicated the commodity was trading up 0.37 cents, at $75.56.

Gasoline made a 0.0070-cent gain to $1.9466 a gallon.

Henry Hub natural gas began the week trading at $4.339 per million British thermal units, up 0.011.

Home heating oil also began the session up, trading at $2 a gallon, for a 0.0044-cent gain.

At the pump, the price of a gallon of regular unleaded gasoline was $2.750, down from Friday's $4.755 average, AAA's Daily Fuel Gauge Report indicated.

Copyright 2010 United Press International, Inc. (UPI).

5 Tips on Last Minute Retirement Planning

Road to retirement is not a smooth ride. Even if one starts early, issues like job loss, marriage, divorce, illness, mortgage payment, etc., take precedence, thus making retirement planning an arduous task.

Top 10 Things a New Forex Trader Needs to Know

One of the greatest trading adages is, “What you don’t know is cost to you.” Basically, the idea is that there is so much to know as a professional trader, and oftentimes what we have not learned yet is costing us money. Let’s take a look at the Top 10 things a new trader needs to know.

3 Potentially Undervalued Stocks

When it comes to stocks, I have a tough time labeling myself as one particular type of investor or another. As soon as I say I love a good story, then it isn't cheap enough. If it is a great value, then I don't see any growth potential.

Congress set to ban movie futures trading

Washington -- A U.S. congressional conference committee has approved a ban on movie box-office futures trading, a practice many filmmakers say would hurt the movie industry.

The amendment to the financial reform bill, which would ban derivatives trading based on box-office results, was approved Friday morning by a House-Senate conference committee, The Hollywood Reporter said.

Derivatives are contracts that have value based on stocks, bonds, loans, currencies or commodities that are tied to an event such as box-office results.

Critics of the proposal to legalize box-office futures fear speculators or rival studios would use such a futures market to bet against a movie's success.

Inflation Coming? Better Get Insured (Fool TV)

Most economists agree that the United States is girding for a bout with inflation. And the prevailing wisdom is that when greenbacks are cheap, investors should look to hard assets such as oil and gold, or consumer-goods brands, which continue to command premium prices in good times and bad.

Is Fast Food Slowing Down?

Are American consumers retracting even further? When the Great Recession began, consumers were trading down -- sales of private-label brands increased, vacations were postponed or pared back, and of course, fast-food chains became more popular as Americans opted for value meals over sit-down restaurants.

Grain futures mixed Tuesday

Chicago -- Grain futures closed mixed on the Chicago Board of Trade as the dollar index fell 0.2 percent Tuesday.

Corn was off 1/4 to up 1/4; soybeans were off 1/2 to up 1 3/4, wheat was off 3/4 to up 1/4 and oats were unchanged to up 1.

Corn futures were mixed with Argentina reporting favorable weather in corn growing areas. Wheat prices held nearly steady with the dollar also close to breaking even by the close of trading. Soybeans prices remain under pressure by excellent growing conditions in Brazil and Argentina.

The prices:

Corn: Mar 3.70 1/2, off 1/4; May 3.81 1/2, off 1/4; Jul 3.92 1/4, off 1/4; Sep 4.00, up 1/4.

Not Bad, Visa

I've been critical of Visa (NYSE: V) for a while now. In short, I've thought it to be a great company trading at a greater valuation.

CFTC seeking to curb oil speculations

New York, July 8: The Commodities Futures Trading Commission (CFTC) is mulling crack down on excessive speculations in the energy trading with the hope to stabilize oil prices, which tripled to $145.29 a barrel last July from less than $50 a barrel in January 2007.