The big portfolio managers get ahead of the turn in cycles -- as we can see in oil services, semiconductors and autos, among other sectors. Here's how to play their game.
We see signs that tell us not only is this market not expensive, but there are whole sections that might be ridiculously cheap. The recent merger announcements are a prime example.
Plus a possible setup in Amgen as earnings approach.
Oil prices may be surging, but the rising tide of crude so far isn't lifting up shares of Halliburton.
Saudi Arabia is primed to pick up the slack in the oil markets with the impending loss of Iranian crude as the Trump Administration ratchets up the pressure on Tehran.
Until the production and exploration companies start gaining momentum it will be hard for service companies to do the same.
For those willing to play the oil services game, SLB is the better long position going forward than HAL.
What I see from 10,000 feet above... in the age of suddenly profitable fuel as cargo, are the railroads.
A rundown of several oil companies that could soon be on the block.
This deal will certainly strengthen Chevron's position in the Permian Basin, while also adding to global reserves of both petroleum and LNG.