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 – Weekly Update 0 comments
    Jul 23, 2013 8:10 AM | about stocks: XOM, CVX, APA, APC, CHK, EOG, MRO, PBR, RDS.B, STO, TOT, VLO

    Crude Oil - Weekly Update

    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.

    Check out this unique Graphic / Chart.$WTIC&p=W&yr=1&mn=6&dy=0&id=p72615545037&a=305202131

    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.

    Opinion: Hold - for now.

    Forecast: I am on an Initial - Bearish "Warning" for Crude Oil. Timing to Sell or take Short Positions is available only to my Clients and Prospective Clients.

    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."

    You might also want to check out "My Focus Article I." Just Click - - >

    Here are a number of the Companies that I focus on: XOM, CVX, APA, APC, CHK, EOG, MRO, PBR, RDS.B, STO, TOT, VLO.

    Have a good Week,

    Dr. Steve

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