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Filed under: Chesapeake Energy (CHK), Presidential elections, Oil, Stocks to Buy

I've been following the election closely for two years. For the most part, politics is a hobby of mine, but in this year's election my interest went much deeper.

I recognized very early that the 2008 vote would be monumental on so many levels and investment opportunities would abound. I even outlined the impact of the policies of each candidate on the market in an election gallery.

Now that the results are in with the Democrats taking significant control of the executive and legislative branches, I want to drill d

Filed under: PetroChina Co Ltd ADR (PTR), Stocks to Buy

"We sense a turn for the better coming in the oil sector," says Peter Way who tracks 'big money' investors for his Block Trader Oil & Gas Report. Here's his look at the "big block" traders.

"When we use the hedging analysis employed in our stock price forecasts, there are significant differences between some adjacent futures expirations. Here's the current picture:

"Front month (November) hedging suggests likely near-term higher prices. But the December contracts are likely to continue the past 3-month price decline - briefly.

"After that

Fundamentally we know that the world thirst for oil is going up. It will continue to go up in the future because the strongly growing economies of India and China will drive that price up.

An earlier Seeking Alpha article noted that India and China both consume less than 2 barrels of oil per person per year. The U.S. consumes approximately 26. The Western European countries and other developed countries consume 13-15 barrels per person per year.

I think this might be the busiest day all month for our holdings'' earnings... <!--more-->before we get to that, first a quick note on the market.

S&P1400 remains a ceiling we need to get above to get fully bullish.S&P 1350 is the floor; below that we turn into bears. So in between(where we are now) we are a bit ambivalent, and for now remain rangebound as we have been for a while. The market does continue to shrugoff bad news so it would appear up is the more approximate short termdirection, especially if we get this "rotation" I spoke about - theleadership in this market has been so narro