Nasdaq jumping. 71 . Weve got to ask yourselves, what continues to propel the bull . I got one for you. How about a stock shortage . How about a supply demand imbalance across multiple sectors of this market . Ive got three different examples of stock shortages that i think can put this particular part of the rally in perspective. The first, its one of the Largest Companies on earth. Its exxon, which vaulted 1. 91 today. How in heavens name can exxon, one of the Largest Companies rally like a small capitalization stock . How did this happen . First, exxons a changed company. After not growing much at all for the last seven years, its suddenly possible that in 2014 this company will show 5 production growth. This is a big, big company, which i point out in get rich carefully is the single most important indicator of where an oil stock is going to trade. They dont trade on earnings. They trade on production growth, and exxons could be 5 . Second, exxons been ignored for years. As we focu
Anne McEntee Joins MRC Global s Board of Directors – Padovanews
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MRC Global (MRC) Appoints Anne McEntee to its Board
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