 What is the best way to save money?? |
| I have a coin jar that is up to my hips, it has pennies and silvers. I just want to know other ways of saving money and the secret techniques people use to do it. Please help this poor girl who ... |
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 Investing help? |
| I'm looking to make my first stock market investment within the next couple months. I was wondering how I should go about this. I've done research and I really just need to know if I NEED a ... |
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 What EXACTLY "LEVERAGE" MEANS? |
I understand leverage means increased borrowings....But i do not know clearly what does that term means .....
Can anyone please explain to me clearly & in simple way for leverage .....Please ... |
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 Can anyone inform me regarding Mutual Fund !? |
what is the perquisites in investing in mutual fund and precautions taken for it
Badly need help!
Thankyou!... |
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 I have a 1943 steel penny that i heard was worth 1 million dollars? |
| my father told me that he seen that if you have a penny that sticks to a magnet it was worth 1 million dollars and they were looking for the three that are out there. and i have one from 1943 that is ... |
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 I bought Apple at $170 today? Think that was wise? |
| I have a very long term view on this stock and also heard about a possible split?... |
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 Is "Credit Crunch" a breakfast cereal? |
| Does anyone find it frustrating that many people go on about the "credit crunch", "subprime crisis" etc without having any idea what is going on? This is serious stuff we're ... |
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 What's the name of the website where you invest money and then over a month it doubles? |
| My dad said there is a website where you can do that. He already has like 400 dollars.... |
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 Is it good to invest during a decline in the economy? |
| Thanks for your ideas and advices. I hope I do not lose all my moneys because of them :(... |
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 Why do people invest in stocks? |
They provide up front capital and funds to companies, yet shareholders are the first ones screwed by companies when times are tough, when it comes to profit sharing, or decision making.
So ... |
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 I got 10 grand what should i invest it in?? |
| should i buy a cadillac? invest it in stocks? or what?? what can i do with this 10 grand..... |
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 Rich Dad Poor Dad? |
| My dad is giving me 50 dollars if i complete this book. He is also offering me an additonal 50 dollars if i answer his question (What is the diffrence between assests and liabilities between the rich ... |
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coin_kingdom | What is the best way to track oil prices through a stock? Would it be Xom? (EXXON) or what would it be? |
I am in a business class and i need to invest in a stock that is directly related to gas prices/oil prices. Which stock should i choose? |
 |
 
Yada Yada Yada
 |
To answer your question,
You can buy USO which tracks directly (very very close) to the price of crude oil. It trades like a stock, but like GLD (at 1/10 of price) and SLV, it's valued at a ratio to the actual commodity.
Else, if you rather track a sector, you could choose OIS (oil services) or OIH (Oil holders), etc. to be in tune with the prices of oil related firms.
For more info on these you can go to amex.com or holders.com.
As for XOM, that's just one company and although approx 73% of the stock price will move in tune with the market and sector, XOM's stock price can still fluctuate with some volatility related specifically to the company (e.g. can someone say backdating of options) and not related to the the price of oil), so that's why I recommended the other items for what you had asked.
Hope that helps! |
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TJ
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The only "stock" that directly tracks (or is supposed to track) is USO - the oil ETF. |
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Byron W
 |
try the drillers and know that they are ahead of the price |
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echadsemail
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I've found that APA tracks it pretty well. But the oil sector index is a good one too. |
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Vegas
 |
XOM is a good oil stock - the oil indexes are XOI & OIX is you want to follow vs XOM
oil stocks have been selling off |
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General Custer
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Try symbol USO....... |
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seanxtang
 |
Better invest on a related index, like SP Energy sector index. |
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Yardbird
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For an oil stock play, try XLE, an oil SPDR. It tracks the big oil and energy SP 500 companies. |
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Hoa N
 |
CRB index or OIL EFT |
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regerugged
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There is not a direct connection. Stock price is based on value of the company who issued the stock. Oil prices are based on assorted market forces. The major oil companies have many types of products and services, besides drilling and refining oil. It is possible for oil prices to go up and stock value of an individual company go down. |
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