Steven Bauer's  Instablog

Steven Bauer
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My Biography: 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 a financial analyst / asset manager. My career began while in University as a – manual chartist for some wealthy Investors, who had a fancy math formula... More
My blog:
Investing Wisely
  • Crude Oil -- July 16th. 0 comments
    Jul 16, 2013 8:35 AM | about stocks: XOM, CVX

    Crude Oil -- July 16th.

    I just completed my weekly study of all my - Energy - Oil / Gas Indices, Sectors and Industries. Also, I review many Select Companies for clarity of the direction of this important arena of Investing.

    This week's Commentary on - CRUDE OIL - covers my Indicators, both fundamentally and technically.

    Results from my Study / Analytics:

    Brent and West Texas Oil are tracking well. However, West Texas Light Crude is out-performing. A Pull-Back is in the making but "Hold" for a while longer.

    If you own Crude Oil or Energy - Oil / Gas securities it is a mixed bag. There is and has meaningful hurt since my Initial Bearish Forecast - "Warning" for over two years now. Others, such a BIG Oil continues to be Holds.

    Selectivity is what I preach and is what separates the Average Investor and Mutual Funds from the profits that come with long-hours / hard work and "selectivity."

    Have a good Week,

    Dr. Steve

    Stocks: XOM, CVX
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