• 2 days PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 2 days Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 2 days Syrian Rebels Relinquish Control Of Major Gas Field
  • 2 days Schlumberger Warns Of Moderating Investment In North America
  • 2 days Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 2 days Energy Regulators Look To Guard Grid From Cyberattacks
  • 2 days Mexico Says OPEC Has Not Approached It For Deal Extension
  • 2 days New Video Game Targets Oil Infrastructure
  • 2 days Shell Restarts Bonny Light Exports
  • 3 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 3 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 3 days British Utility Companies Brace For Major Reforms
  • 3 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 3 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 3 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 3 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 3 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 3 days Rosneft Signs $400M Deal With Kurdistan
  • 4 days Kinder Morgan Warns About Trans Mountain Delays
  • 4 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 4 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 4 days Russia, Saudis Team Up To Boost Fracking Tech
  • 4 days Conflicting News Spurs Doubt On Aramco IPO
  • 4 days Exxon Starts Production At New Refinery In Texas
  • 5 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 5 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 5 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 5 days China To Take 5% Of Rosneft’s Output In New Deal
  • 5 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 5 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 5 days VW Fails To Secure Critical Commodity For EVs
  • 5 days Enbridge Pipeline Expansion Finally Approved
  • 5 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 6 days OPEC Oil Deal Compliance Falls To 86%
  • 6 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 6 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 6 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 6 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 6 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 6 days Aramco Says No Plans To Shelve IPO
Alt Text

Gold Prices Could Spike As India Resumes Imports

Gold purchases in India imploded…

Alt Text

Will Ecuador’s Mining Sector Return To Its Golden Days?

Despite the recent political problems…

Alt Text

Is South America Set For A Gold Rush?

A Chinese gold miner is…

Dr. Steven Bauer

Dr. Steven Bauer

In 2001, I retired and now permanently reside in Mexico. After 5 years of managing my own affairs, I resumed my career in 2007 as…

More Info

Energy SPDR ETF: Topping Continues - But Buying is on the Horizon

Energy SPDR ETF: Topping Continues - But Buying is on the Horizon

The Security – Energy - SPDR ETF (XLE)

Energy - SPDR ETF is a Standard & Poor’s Exchange-Traded Fund that offers much profit potential with a Low-Risk quotient.  I suggest that it be used as an investment only when you are not comfortable with specific Company within the Energy Sector.  In my practice, I maintain Sector and Industry Group – Lists (constantly updated) of the best 3% of Companies to take Long Positions in Bullish Cycles and Short Positions in Bearish Cycles.  I hope I have pricked your interest in my work / analytics.

Forecasts - - F + C = R

Forecasts

Accurate Forecasts (plus) Patience waiting for Conformations (equals) Results.  Results are Consistent Annual Profits for Over 50 Years.  This simple formula F + C = R is how I go about making money for myself and my Clients.  The below Table of Fundamental - Valuation of a great deal of raw data plus many comparative calculations.  They have been both reliable and profitable for many years.  Consistent Annual Profits also requires sophisticated and unique Technical Analysis.  (The Convention - Technical Analysis - Doesn't Work!)  Long hours of hard work and experience to know – the What, the When and the Why I “tweak” the data, to be sure. This is, so I can consistently and accurately identify Market and Company Bullish and Bearish Inflection Points.  This is just part of My Methodology for profitable “Investing Wisely.”

In writing for OilPrice.com I will rotate my ETF Energy Forecasts for several Energy and Mining ETFs at one to three per month.  Your monitoring the Accuracy of my ETF Forecasts will help you gain a better understanding about - how I go about consistently making money in the Stock Market.  Over 200, ETFs are in my "Universe of ETFs" that I am constantly doing Fundamental – Valuation and Technical Analysis on.  This work provides a perspective of – Where the Top 3% and Bottom 3% – Sectors and Industry Groups are in the ever-changing Cycles of the General Stock Market.  This unique methodology is very important to your maximizing (with the lowest possible risk) consistent annual profits in your portfolios. 

For example:  I am writing my articles for OilPrice.com and am limited by what I share with you to both Energy and Mining.  Clearly, it is very possible, within the General Market Cycles, that Energy and or Mining is NOT where you should be investing your money.  Perhaps it should be in Health Care, or Technology, or other Sectors and Industry Groups – or – Perhaps not!  I hope you are getting a picture and understanding how I go about making money for myself and my Clients.  I invite you to contact me for further information about my work / analytics.

To learn more about my Work / Analytics, you might consider reading my article on “Special Notes Supporting My Articles.” (just click).  You will have to be a serious Investor because this article with its many URLs will require much of your time to absorb and understand.  I can assure you that your time will be well spent.

Table I:  Professor’s – Current Valuation for: Energy - SPDR ETF Corporation (XLE)

Current Valuation for Energy Select SPDR
Please click to enlarge.

Table II: Professor’s - Report Cards for Energy - SPDR ETF

Report Card for Energy Select SPDR
Please click to enlarge.

Charts

Two Year Chart for (XLE) with S&P (SPY) as a Reference

2 Year Comparative XLE
Please click to enlarge.

How come DIG (Red) is the only one to track with divergence from the S&P ($DJUSEN – green) and (XLE) (Black)?  Answer:  It is a 2x ETF.  If you are not familiar with leveraged ETFs, or Inverse ETFs you might want to check with me. 

Fifteen Year Chart for $DJUSEN, DIG, with (XLE).

Dow Jones US Oil & Gas Index
Please click to enlarge.

I suggest that you take a long look at this 15-year chart. Having a longer-term perspective of a possible future investment will always give you a more consistent annual bottom line.  The Red Line is (XLE) and it tracks very well all those Inflection Points that I have identified over many years.

General Market Status

The General Market is currently and remains “Fundamentally'” overvalued and “Technically" overbought, and its “Consensus Opinion” is much too bullish. “Insiders” are selling and “Interest Rates / Dividends” are on the rise.

This does not make for “Investing Wisely.”  This means that you must consider holding Cash or perhaps taking bearish positions in the coming time-frame.  (Taking Bearish positions are for Pro-Active Investors Only!)  Owning or Holding - Growth Mutual Funds in periods such as now is also Not “Investing Wisely.”

My analytic focus and logo are “Investing Wisely,” e.g. taking advantage of the Bullish / Bearish Cycles as they occur within the overall Marketplace. Integrating conservative fundamental analytics within these technical cycles means maintaining a process of the thorough and on-going analytics of many companies, sectors, industry groups and ETFs.  I have maintained such a Profitable Discipline for over 50 years, and it has been very good to both, me and my Clients.

Professor's Opinion (Currently – Bearish) of Energy - SPDR ETF Corporation (XLE)

(XLE) has simply tracked the Energy Sector (price-wise) over all of these many months and years.  It is on a high, however it is coming lower soon.  May I suggest that Holding through this period is not “Investing Wisely.”  I continue forecasting that (XLE) will be under moderate to severe pressure in the coming weeks/months and perhaps longer.

Professors Bearish Wrap 2

This is a Warning about Buying or Holding Energy - SPDR ETF. 

I am also Bearish on the World Economies and the General Markets. I suggest that holding Cash during questionable time frames is a prudent and wise choice. ( Folks - This is definitely a "questionable" time frame)!

Here is my list of 20 or so Component Companies for: SPDR - Energy - (XLE):   

XOM,CHV,SLB,OXY,COP,APC,HAL,EOG,NOV,APA,PSX,WMB,PXD,VLO,MRO,BHI,NBL,SE,COG,

DVN,KMI,CAM,MPC,HES,FTI

Few, if any of these Companies are exhibiting longer-term Fundamental – Valuations that are compelling.  That means, if you read my Report Card that these Companies are currently Neutral.  I hope you understand that there are a number of other Companies on my Buy List that do have both excellent low risk and high profit potential.  You might like to read my article on the importance of  - Securities Selection in this current Market environment. 

http://www.safehaven.com/article/27218/being-selective-is-critical-for-consistent-profitability

For my Near to Short-Term Forecast on any of the above just send me an Email.  Serious Investors Only -- Please.

You may want to “bookmark” this Hyperlink for quick access of my published articles here in OilPrice.com.  Just Click and scroll down past my Biography.  Thanks!

To contact me and begin a personal Email Dialog – just click: senorstevedrmx@yahoo.com

Smile, Have Fun – “Investing Wisely,”

Dr. Steve




Back to homepage


Leave a comment

Leave a comment




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