• 6 minutes Corporations Are Buying More Renewables Than Ever
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 23 minutes Starvation, horror in Venezuela
  • 10 mins Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 1 hour China still to keep Iran oil flowing amid U.S. sanctions
  • 2 hours Is NAFTA dead? Or near breakthrough?
  • 7 hours China goes against US natural gas
  • 2 days Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 1 hour Japan carmakers admits using falsified emissions data
  • 2 days Renewable Energy Could "Effectively Be Free" by 2030
  • 20 mins How To Explain 'Truth Isn't Truth' Comment of Rudy Giuliani?
  • 2 days Saudi Fund Wants to Take Tesla Private?
  • 15 hours Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 2 days Pakistan: "Heart" Of Terrorism and Global Threat
  • 2 days Are Trump's steel tariffs working? Seems they are!
  • 1 day Why hydrogen economics does not work
Alt Text

The Best Places In The World To Mine Bitcoin

As Chinese bitcoin miners face…

Alt Text

Green Bonds Are A Huge Boost For Renewables

The growing popularity of ‘green…

Alt Text

5 Big Gainers In Oil & Gas This Week

Energy stocks have been among…

Jim Hyerczyk

Jim Hyerczyk

Fundamental and technical analyst with 30 years experience.

More Info

Trending Discussions

Time to Sit Back and Plan Your Next Investment strategy

With crude oil and crude oil-related stocks exhibiting nearly free-fall characteristics, unless you’re willing to play the short-side after an almost three month sell-off, this week it may be best to sit back and plan your next investment strategy while waiting for the markets to reach strong value areas.

This week’s sell-off in crude oil and energy stocks was strong enough to pull the rest of the U.S. stock market down. This is a sign that money managers are beginning to sit up and take notice. Investment managers may have been complacent throughout the year because the liquidity provided by the Fed made equities the best game in town.

Stable and up trending crude oil prices may have also been looked upon as signs of an improving economy. Even the early break from the high in June may have been perceived as good news because many economists and analysts may have read this weakness as good for the economy because it led to lower gasoline prices which is beneficial to the consumer.

With nearby crude oil trading at 50% of its two-year range and a few of the oil-related stocks rapidly approaching 50% of their 2014 range, now may be the time to start planning a strategy to take advantage of stock prices that may be trading in a value zone at the same time crude oil reaches a bottom.

 

Since these oil stocks are highly correlated with the price of a barrel of crude oil, there is a strong chance that a turn in the price of crude oil…

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