The apple of my eye is still the 10% Series A Cumulative Preferred Stock issued by Callon Petroleum.
This recent oil price surge in price is not over, and not priced in. Here is how I am playing it.
In a market full of noise it pays to focus on individual fundamentals. One of my favorite phrases is 'cash flow never lies.'
It appears it may not, as supplies of heavy oil are becoming short even as there is an excess of light sweet oil.
After the Ethiopian Airlines crash, watch your Aerospace and Defense stocks.
Crude oil is a highly emotional market and will always surpass a reasonably fair price to reach levels the market has no fundamental justification for.
And the winners so far outnumber the losers among the six stocks that include a cannabis company, a couple financial giants and two oil plays.
Between options expiry and seasonality, March is a tricky month to navigate.
I continue to be of the view that 2018 marked the beginning of the end of the 10-year Bull Market.
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.