We have now moved past the “beginning of the end” of the oil age. While there might be one more cyclical bull market in store, the 2020s will mark a profound shift in energy usage. The advent of EVs is upon us and petrochemicals will fail to grow as projected due to better technology driven options. You need an exit strategy from oil and gas stocks.
Oil and gas stocks are under pressure from different directions. However, ultimately, prices will support profits. If you are afraid of oil and gas stocks now, maybe it’s time to buy.
As I sit in my Green Bay Packers t-shirt at my keyboard I am still quietly lamenting that I will not be watching my team in the Super Bowl today. There is some consolation, I do like Russell Wilson, I have friends from Boston who will feel good if the […]
The markets continue to exhibit volatility that hasn’t been regularly present in a few years. While markets are not as volatile as 2011 yet, the end of QE in the U.S. and economic challenges around the globe signal that the easy to ride Fed reflation is over. Algorithmically, we see […]