• 5 minutes USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 10 minutes Venezuela continues to sink in misery
  • 13 minutes U.S. Senate Advances Resolution To End Military Support For Saudis In Yemen
  • 16 minutes IEA Sees Global Oil Supply Tightening More Quickly In 2019
  • 22 mins Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 2 hours Rage Without Proof: Maduro Accuses U.S. Official Of Plotting Venezuela Invasion
  • 2 hours $867 billion farm bill passed
  • 22 hours OPEC Cuts Deep to Save Cartel
  • 2 hours Has Global Peak Diesel Arrived?
  • 18 hours Sleeping Hydrocarbon Giant
  • 15 hours How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 20 hours What will the future hold for nations dependent on high oil prices.
  • 21 hours Air-to-Fuels Energy and Cost Calculation
  • 23 hours And the War on LNG is Now On
  • 18 hours Could Tesla Buy GM?
  • 21 hours Global Economy-Bad Days Are coming
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

How To Play The Next Oil Price Rally

Oil

I focus on the oil and gas markets and energy stocks. But that hardly immunizes me from the rest of the macro environment – the major stock averages, interest rates and the moves from the Fed, the dollar and other currencies. It would be just plain stupid to solely concentrate on my own little world while ignoring the bigger devils that might lurk outside. I’d look like a fool putting the final touches on my own sand castle, perhaps ignoring a big wave I would see coming, if only I took a moment to look up.

And this last week was one that demanded I look up.

Stock markets dove, rose, dove and rose again, with the kind of high volatility we always think won’t reappear --- and then always does. Big swings make for big anxiety, and we’ve got to get a grip on that before we again tackle our own beloved oil stocks.

After nearly 40 years in the markets, I’ll tell you this – big volatility doesn’t usually disappear overnight, despite appearing just that quickly. Experience also says that high volatility isn’t a very bullish sign either. Like kids sledding on a hill – Up is a slow climb, while down is a fast whirlwind.

Since the stock market recovery began in 2009, one overarching theme has continued to power the bull market -- low interest rates from the Federal Reserve. That policy is slowly coming to an end. In addition, the last year of out-sized gains have been supercharged by the prospect of a big…

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