I would be a buyer of these BP calls.
Those blindly chasing the reflation trade tick for tick, better pay heed to physical market fundamentals.
My favorite natgas play has been Antero Midstream, approaching a 300% gain since last March.
A sudden surge in energy prices is among the trio of factors that could put on damper on the market.
The Fed's Jay Powell pulled out the heavy artillery to help keep the economy and financial markets going, but would it be enough?
The 'reflation trade' was the theme of the day as suddenly everyone was on board with the commodity supercycle.
The macro tailwind only works for the oil market until physical market dynamics take over. When they do, unwinds can be sharp and painful.
Stay nimble and focus on the bigger picture.
These Exxon calls are way too cheap.
It's important to follow the macro trends like growth over value rotation, or reflation vs. deflation trade.
As prices nudge towards $60/bbl Brent today, where do things stand?
As these firms expand on their existing relationship, Palantir will provide its platform to BP on a global scale.
While oil has reached new recent highs, some of the big oil stocks have not.
Don't look for impressive results in the short run.
It's difficult to imagine oil moving higher from here without significant help from further weakening in the greenback.
Oil is especially interesting as it is deemed the cheapest. Cheap is cheap for a reason.
This looks like consolidation after a big run rather than a major shift in market character.
We're casting a wide net to find investment opportunities that are both underappreciated and undervalued.
It seems Saudi Arabia is just buying time to support oil.
I will have to give some of my favorite tech names a haircut in the name of balance. Hopefully everyone gained some exposure to gold.
A Biden administration will be good for oil prices.
At some point, the piper will need to be paid. And that day might be sooner than some believe it will be.
Oil prices are improving, but that only tends to encourage the release of more production, which then puts a damper on prices again.
Let's examine where several key markets may be headed next -- and revisit financial manias throughout history.
We know that the extra oil is coming, it is just a matter of when not if. The big question is demand.
Oil market participants are a little offsides leaving prices vulnerable to a pullback.
I see upside in the common stocks of oil tanker shippers as we move into 2021.
Let's review the charts and indicators.
I see no reason to be bearish at this point.
This is a dividend name, so building equity will be important, and writing puts increases equity risk at a discount.