It involves people pocketing their savings from lower gasoline prices so that the economy cools and the Fed doesn't need to raise rates again.
However, the preferreds are no longer 'money good.' So a completely new 'distressed company' calculus has taken over.
These shares allow you to make a call about the future prospects of the U.S. equity market while getting paid in the interim.
Let's see what traders could do now.
Let's look at how to play this commodity, without getting burnt.
Let's check the charts and indicators.
Here's what traders could do now.
Energy giants are investing on finding ways to contribute to the still developing global transition to a green energy future, and they'd like to remain permanently relevant.
There are several things that make oil producers attractive on a longer-term basis.
Look for higher prices for PXD in the near future.