• 3 minutes Biden Seeks $2 Trillion Clean Energy And Infrastructure Spending Boost
  • 5 minutes While U.S. Pipelines Are Under Siege, China Streamlines Its Oil and Gas Network
  • 8 minutes Gazprom fails to exempt Nord Stream-2 from EU market rules
  • 3 hours China wields coronavirus to nationalize American-owned carmaker
  • 11 hours Trumpist lies about coronavirus too bad for Facebook - BANNED!
  • 14 hours The Truth about Chinese and Indian Engineering
  • 14 hours China's impending economic meltdown
  • 3 hours Renewables Overtake Coal, But Lag Far Behind Oil And Natural Gas
  • 17 hours Why Oil could hit $100
  • 1 day The World is Facing a Solar Panel Waste Problem
  • 3 days The Core Issue Of US Chaos..Finally disclosed
  • 24 hours Pompeo upsets China; oil & gas prices to fall
  • 5 hours Open letter from Politico about US-russian relations
  • 19 hours Brent above $45. Holding breath for $50??
  • 7 hours Rational analysis of CV19 from Harvard Medical School
  • 2 days Sell Natural Gas Benefits to Grow the Market!
  • 2 days Trump Suggests Delaying Election Amid Fraud Claims
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

Protecting Your Portfolio In December

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…




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