• 6 minutes Trump vs. MbS
  • 11 minutes Can the World Survive without Saudi Oil?
  • 15 minutes WTI @ $75.75, headed for $64 - 67
  • 10 hours US top CEO's are spending their own money on the midterm elections
  • 7 hours EU to Splash Billions on Battery Factories
  • 7 hours The Dirt on Clean Electric Cars
  • 17 hours Petrol versus EV
  • 2 hours Satellite Moons to Replace Streetlamps?!
  • 12 hours OPEC Is Struggling To Deliver On Increased Output Pledge
  • 9 hours The Balkans Are Coming Apart at the Seams Again
  • 23 hours E-mopeds
  • 7 hours Uber IPO Proposals Value Company at $120 Billion
  • 10 hours A $2 Trillion Saudi Aramco IPO Keeps Getting Less Realistic
  • 14 hours 10 Incredible Facts about U.S. LNG
  • 13 hours U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
  • 1 day These are the world’s most competitive economies: US No. 1
Alt Text

Oil Price Rally Boosts Electric Car Sales

While $100 oil is believed…

Alt Text

China’s CNPC Boosts Global Oil, Gas Ties

China National Petroleum Corporation (CNPC)…

Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Trending Discussions

Protecting Your Portfolio In December

Trading Screen

As the year comes to a close there begins a very different part of the year for us as traders and investors. And I’m going to take a break from the discussion of oil stocks this week to give you my perspective on this time of the year, so you can avoid the many pitfalls that year end trading action often delivers.

First, there is the vacation aspect. Many of the best capitalized traders and hedge fund managers will be going away on family holidays – and won’t be providing the kind of liquidity to the markets that they normally do the rest of the year. This, perhaps intuitively, delivers usually more volatility to the markets. And while you may think that more volatility is good for trading, in this case, unless you are at the nexus of that trade, it is instead a difficult time to be starting or managing positions wisely.

Next is the attached desire for hedge fund managers to ‘equalize’ and close out positions for accounting. This means normally using options or other hedges to ‘lock in’ gains and prepare the year-end reports for investors. It matters that 2017 has been on balance a very good year for stocks; even more equalization of share prices will be desired – making liquidity even more difficult to find.

Finally, there is the yearly difficulty of tax-loss selling – a particularly interesting phenomenon this year for energy stocks. While there are a few energy shares that have performed adequately…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News