|Day Low/High||36.04 / 36.91|
|52 Wk Low/High||30.65 / 48.88|
Dow chemicals are finding a bottom, higher-yielding stocks are trading well, macro is improving and the consumer is getting stronger.
SLB and other energy names have been out of favor for a long time but now I am seeing some light at the end of the tunnel.
My oil services play remains Schlumberger. SLB has not performed much better over time than has HAL, but the market awards SLB a higher multiple.
Let's check the charts of SLB to see if all that bearish news has been discounted.
The tech sector has been the victim of the recent "on again, off again" rotation. That may really just mean that the group has been victimized by its own success.
Right now, AbbVie is the best way to capitalize on the moment and on the future.
If they didn't move after the Middle East burned, I don't know what they will do if the economy keeps slowing.
The drone attacks on Saudi oil operations even could influence the Fed's thinking on inflation and rates.
Should competitors act in a way that puts the U.S. economy at a disadvantage, then by all means the FOMC must act with a level of anger that intimidates.
Market participants are beginning to recognize that there's no stopping the avalanche in selling of the expensive stocks to buy the cheaper stocks like AT&T.
SLB is our favorite diversified oil services stock to buy right now.
Algos think short term, autopilot is not the best way to invest for the long term, especially when it goes against Warren Buffett.
The oilfield services company is effectively navigating Halliburton a difficult environment and has an attractive dividend yield.
Oil prices -- as well as other energy, transportation and a resolution on tariffs on Chinese goods -- could affect CAT's future.
Despite an earnings miss, CAT could quickly shift gears for a swift comeback in the second half.
Servicers can benefit from scenarios at either extreme, unlike energy companies.
Oil is perceived as being an unavoidable loser as long as trade tensions rage.
We cannot rule out new lows for a move down in the weeks ahead.
Black Gold Oil just can't get out of it's own way this week. In late Friday trading, in an environment that also includes an appreciating U.S. dollar, Texas Tea (WTI Crude) was priced at it's lowest levels of the day, and close enough to the lows of...
What the Fed needs to do in July is to cut the FFR by 25 basis points and put the balance sheet management (QT) program to bed two months early.
While we're getting ready for those earnings reports after today's close, here' a look at what's on tap tomorrow morning. American Express Autoliv BlackRock Citizens Financial Group Cleveland-Cliffs Gentex IberiaBank KC Southern Manpower NVR Regions...
But trading calls and puts in Amazon requires you to know your risk tolerance big-time.
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.
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.
Negative political pressure is being felt in an overbearing way on the entire healthcare sector.