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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…

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Meaningful Pullback Continues: Updated Forecast for BP Amoco

The Company – BP Amoco PLC (BP)

BP Amoco plc. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. Its Exploration and Production segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trading of natural gas, including liquefied natural gas (LNG), and power and natural gas liquids (NGL). This segment has exploration and production activities in Angola, Azerbaijan, Canada, Egypt, Norway, Russia, Trinidad and Tobago, the United Kingdom, and the United States, as well as in Asia, Australia, South America, North Africa, and the Middle East. It also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing and transportation, as well as NGL extraction facilities. The company’s Refining and Marketing segment is involved in refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers primarily under the BP, Castrol, and Aral brands. (BP) also engages in the alternative energy business, as well as offers shipping and treasury services. The company was founded in 1889 and is headquartered in London, the United Kingdom.

Forecasts - - F + C = R

Bullish or Bearish Inflection Point

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 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” (do my Analytics) the raw data, should be clear.  It is, so I can consistently 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 Forecasts of the following 13 Companies one per week:  APA, BP, CHK, CVX, HAL, KMP, MRO, PBR, RIG, SDRL, SLB, VLO, XOM.  These particular companies are my Bellwether Energy C I use for Guidance and Timing.  You can view my 20-year chart by clicking on any symbol.  Your monitoring the Accuracy of my Forecasts will help you gain a better understanding about - how I go about consistently making money in the Stock Market.  Over 2,000, Companies are in my "Universe of Companies" that I am constantly doing Fundamental – Valuation and Technical Analysis on.  Seldom, if ever, are - ANY - of the above 13 Companies my choice for making formal recommendations to my Clients or Buying for myself.  It is a fact that there are always lower risk and higher reward companies on my Buy and Short-Sale List.  Remember – CASH is the best hedge for “Investing Wisely.”  I hope you understand and will want to contact me for further information about my work.

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 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: BP Amoco Corporation  (BP)

Current Valuation for BP Amoco
Click to enlarge.

Table II: Professor’s - Report Cards for BP Amoco and Selected Peers

Report Card for BP Amoco
Click to enlarge.

Charts

Two Year Chart for (BP), S&P - 500 (SPY) and above mentioned Peers

2 Year Comparative BP
Click to enlarge.

They are all is sync.  I can tell you “Why.”  You have absolutely KNOW the “What” and the “When” – but without the “Why” you are asking for and going to have un-necessary losses!  Each of these Companies is precisely where they are Ranked in my archive of Fundamental - Valuations and Technical Analysis for each Company. The answer to the “Why” is simple when you do your homework well.

Twenty Year Chart for (BP) with S&P - 500 (SPY) as a Reference

Twenty Year Chart for (BP) with S&P - 500 (SPY) as a Reference
Click to enlarge.

I suggest that you take a long look at this 20-year chart. If you cannot see that (BP) is both a poor performer and is heading lower, I suggest you Email me immediately. Having a longer-term perspective of a possible future investment will always give you a more consistent bottom line.

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!)

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 and industry groups.  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 BP Amoco Corporation (BP)

(BP) has not been a very strong / performing Company (price-wise) over all of these many months.  The current price is down 15% from the highs in January 2013.  May I suggest that Holding through this coming period is not “Investing Wisely.”  I continue forecasting that both (BP), and my selected peers will be under moderate to severe pressure in the coming weeks and perhaps longer.

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Professors Bearish Wrap 2

This is a Warning about Buying or Holding - BP Amoco. 

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)!

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!

You may also want to begin reviewing my previous articles for accuracy.  Forecasting – Accurately is the first step in the process of enjoying consistent annual profits.

To contact me and begin a personal Email Dialog about improving your future profitability – just click:    senorstevedrmx@yahoo.com

Smile, Have Fun – “Investing Wisely,”

By. Dr. Steve


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