|Day Low/High||45.51 / 48.88|
|52 Wk Low/High||34.99 / 75.43|
When you have watched oil stocks go nowhere despite a huge run in crude, perhaps it is time to take the other side of the trade.
This recent oil price surge in price is not over, and not priced in. Here is how I am playing it.
On a percentage basis the recent rally is the biggest in the past year.
It's centered around a few themed negatives, all forcing their own various uncertainties into free market price discovery.
The kick will come from the Chinese capitulating because their economy is so weak.
OPEC reports the largest monthly drop in production in almost two years. Oil prices head north on Friday morning. WTI Crude trades above $53 per barrel. The EIA earlier this week, adjusted expected U.S. output to more than 12 million barrels per day...
Unfortunately for NFLX, the competition will only increase.
As oil recovers and begins to stabilize both the stock price and cash flow of companies in the space, dividend payments could drive strong portfolios.
If you follow me, then you know oil stocks is where I have been adding more so than anywhere else over the past couple of weeks.
I see a lot of winners here because of hindsight.
News continues to evolve around the whole OPEC shindig in Vienna. Deal. No deal. Production cuts. Small. Maybe not so small. Iran makes noise. The Saudis play ball with the Russians? Maybe not? You know what I do know? I know that all of my energy n...
I'm adding to dividend names that have shown consistency in troubled waters.
Companies are adjusting their supply lines, but both the U.S. and Chinese administrations are feeling the heat.
But a plummet in oil signals a global synchronized downturn, and we will not be immune.
SHAK beat expectations for both EPS and revenue, but same-store sales decreased. Here is how I would play it.
With no position it may be easier to look at the updated charts of SLB this morning.
It becomes difficult for me to tell you where to run in these markets...
This game is as much about sticking to one's designated set of disciplines as it is about having good ideas.
Adobe released new guidance for the rest of this year and 2019. With 20% growth in the cards, this name is a buy.
In short, the energy sector needs a core place in most portfolios.
Straying from these names could land you in quicksand as the 4th quarter begins.
Fool me once but then stay fooled and may be you get it right?
EOG has a business formula that makes it an outstanding choice relative to its peers.