Wall Street

by Freddie Mooche - Senior Financial ColumnistAs the markets grow concerned over a U.S. attack on Iraq, supply disruptions could cause price spikes in foreign oil. But for American investors, natural gas prices are already on the rise.

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Most Viennese traditionally shop in Maria Hilferstrasse, the busiest street in the city.The naschmarkt, selling produce, and flohmarkt (flea market) also offer opportunities to pick up some bargains.

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Employment in the domestic apparel industry has declined in recent years as foreign producers have gained a greater share of the U.S. market. Imports now account for roughly half of domestic apparel consumption, and this share is expected to increase as the U.S. market is opened further by the North American Free Trade Agreement (NAFTA) and the Agreement on Textiles and Clothing (ATC) of the World Trade Organization. NAFTA allows apparel produced in Mexico and Canada to be imported, free, to the United States. A number of apparel companies have already moved their production facilities to Mexico to reduce costs, and this trend is expected to continue. The ATC will result in the elimination of quotas and a reduction in tariffs for many apparel products. As this agreement is phased in through 2005, domestic production will continue to move abroad and imports into the U.S. market will increase, causing further decline in employment of apparel workers in the United States.

Stock Market Game September, 2002 (AXcess News) New York - As the markets grow concerned over a U.S. attack on Iraq, supply disruptions could cause price spikes in foreign oil. But for American investors, natural gas prices are already on the rise and bargains in small cap stocks in that sector rising with it.

No matter whether you drive an Audi, a BMW, a Chevy, or a Dodge, we have fuel injectors for just about every make and model car, foreign or domestic.

Stock Investing Game While Wall Street's concern over foreign oil prices loom on the edge of winter's demands for heating oil, domestic companies are profiting. Investors have over looked the slowly rising prices of natural gas, now above $3.00. While that offers no cure for oil shortages if an attack on Iraq were to occur, many small cap companies often over looked are beginning to shine.In Kentucky can be found a small gas company whose wells have steadily been showing improved revenue for its shareholders, according to announcements made by the Company. Daugherty Resources, Inc. (NASDAQ: NGAS) is an undervalued company, trading recently below $1.00 a share while its overall liquidation value is probably 4 to 5 times that amount. For NGAS, a foreign energy crisis would mean a domestic windfall. There are many companies like Daugherty Resources throughout the Appalachian Range, as well as Colorado and Texas who are benefiting from higher domestic prices at the well head.While Wall Street fears the risks of an Iraqi confrontation, its the major oil companies who are scrambling to find resources sufficient to fill demands. Americans would suffer the effects at the gas pump as well as heating their homes this winter should oil prices spike. Electric rates could climb too as many utilities rely on oil to fuel their generators.A race has been going on to convert older generating plants in the Midwest to gas fired ones while pipelines are being planned to bring more gas from the Midwest to the east coast. Infrastructure development, from infield to transportation pipelines, takes time. Natural gas prices have steadily been on the rise, but so far below the radar screen of Wall Street's analysts, opting instead to tout concerns over their institutional holdings in the larger international oil companies they've invested billions in.

These forecasts are mainly based upon growth expectations in European domestic demand of consumption and investment, and at the same time growth of foreign demand in the same fields.

Journal Prime Rate Street Wall AXcess News pays attention and looks for small cap companies' hidden values for its audience. ABN looks for companies like NGAS and investors should be looking for bargains in this small cap sector as well. Americans have not forgotten the last oil dilemma when prices at the pump for gasoline climbed over $2.00 with shortages at many stations. Since that time domestic development of natural gas has taken a front seat, production is on the rise and users are converting older heating oil systems to natural gas both in their homes as well as in their businesses.

Stock markets across Asia fell Tuesday, tracking Wall Street's decline on renewed concerns about the crisis in credit markets and worries that record oil prices will dampen consumer spending in an already slowing economy.

Stock Market News Natural gas prices may climb to over $4.00 this winter, or higher if foreign oil prices spike. The differences for investors between oil and gas are pointedly in favor of natural gas producers, as their products are piped directly to the users while oil needs to be refined first, even if domestically produced. AXcess News believes that puts the advantage in the hands of small cap companies in natural gas with no decline in well head prices foreseen over the next six months. Those advantages may be interpreted into higher earnings for those small natural gas production companies Wall Street typically overlooks during stable market conditions in foreign oil.

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