The new oil minister has his hands full in maximizing oil export revenue and prepping for the IPO of Saudi Aramco.
Rather than focus on trying to catch stocks that are in freefall, look for those that are showing some positive relative strength.
Take the opportunity to step away from the market and recharge your batteries. You may need it.
While the products used by consumers are growing solidly, those refined products that are used solely for commercial operations are showing signs of a slowdown.
One group of energy stocks is insulated from falling oil prices -- refiners.
Wait until the last rounds to buy oil names.
OPEC has no idea how much oil prices can fall, but current prices are not acceptable to the organization.
The two commodities are in downtrends, which when combined with an economic expansion that is long in the tooth could indicate a recession is on the horizon.
Oil prices -- as well as other energy, transportation and a resolution on tariffs on Chinese goods -- could affect CAT's future.
Servicers can benefit from scenarios at either extreme, unlike energy companies.