Oil rig count falls again

Oil rig count falls again

Baker Hughes reported today that the number of rigs drilling for oil in the United States fell by another 15 to 222 this week. This is the 11th straight weekly decline. The total active rig count, which includes oil and natural gas drilling rigs, dropped by 17 to 301....
My Stock Pick of the Day: Xylem (XYL)

My Stock Pick of the Day: Xylem (XYL)

Xylem (XYL) is that rare coin on raw market--a pure play water stock at a time when foresighted investors are looking for water stocks and realizing how few of them exist. (The basic water story is that Mother Nature isn't making more of it. Rising global populations...
Rotation, rotation, rotation

Rotation, rotation, rotation

There's nothing basically wrong with rotation. It makes sense to move money from a sector that has appreciated rapidly and to nose-bleed levels to a sector that has lagged and now looks undervalued. Rotations can, however, also signal a topping market. Investors and...