From Zacks: It was a week where oil prices finished at their highest since November 2014. Meanwhile natural gas futures fell slightly.
From Zacks: The trade tensions between the United States and China have hit a fever pitch. Both will now enact a 25% tariff on each other’s $34 billion worth of goods from Jul 6. The remaining $16 billion worth of goods will be under public review. But the situation may take an uglier turn as White House […]
From Steven Vannelli, CFA: Energy stocks are looking lively today, with energy the best performing sector in the US and second best performing sector in Europe.
If you recall, during the second presidential debate in October 2016, Hillary Clinton falsely claimed that the U.S. is “now, for the first time ever, energy independent.” Many were quick to point out the inaccuracies. For one, the U.S. has been a net energy exporter before, most recently in the 1950s. And two, America isn’t […]
From Steven Vannelli, CFA: As of this writing, WTI crude oil is back above $65/barrel, closing in on the recent $66.33 high on January 26. While oil and US equities have been in a “wedge” formation where, hemmed in by the January 26 high and the February 90 low, crude oil has broken out from […]
From Steven Vannelli, CFA: Year-to-date the energy sector is the worst performing sector in the developed markets. In the tables below, I highlight statistics from our Knowledge Leaders Selection Universe (KLSU) which captures the top 85% of market cap in the developed and emerging markets.
From Jeff L. Yastine: Picture a battery that’s the size of a tractor trailer. If you need to store more power, just add more trailers and wire them all together.
From Zacks: The energy sector has been attracting a lot of investor attention lately. Oil prices have been relatively stable lately, owing to the recent supply cut extension by OPEC.
From Steven Vannelli, CFA: We expect momentum in the energy sector and resource-related currencies to continue into 2018. In this mid-quarter update to investors, we analyze what this means for the market.
The Energy Select Sector SPDR ETF (XLE) is in focus for many investors and traders as we approach the end of 2017. But is this fund worth owning in your portfolio?
From Sean Brodrick: Oil prices are on a tremendous run. Naturally, like clockwork, you can hear the bears line up to grumble … about a potentially steep tumble. I say, “Back off bears. Even though winter looms, it’s time for you to go back into hibernation!”
From Bryce Coward, CFA: As the famous Yogi Berre once said, “You can learn a lot just by watching”. At the moment we are watching the price of oil break out of a trading range to the highest level in about 2.5 years.
From Zacks: The energy sector is garnering a lot of investor attention lately. With increasing geopolitical tensions, talks of further OPEC cuts and decreasing production, oil prices are having a good time.
From Chris Kimble: The SPDR Energy ETF (XLE) has lagged the S&P 500 by a large margin over the past three years, reflected in the chart below.
From Bryce Coward, CFA: Since the middle of August the S&P 500 energy sector is up 11.5% compared to just 3% for the index as a whole.