Energy Stocks Are Too Cheap to Ignore - Barron's [View article]
CPST1
And I would hope the lessened use of gasoline would continue.
Now however, we are entering the crack to Home Heating # 2.
My first thought is a pipedream as usage of gasoline and diesel will return to numbers more indicitive of seasonal use.Sure, less gasoline in the winter and increasing demand as vacation time approaches next spring.......people will get tired of "staycations", indusrial demand here and offshore will not diminish,and while other factors helped lead to this spring and summer's rise (hedging for one) crude will find a real level....no bubble environment......and off we go.
I don't give a damn about consensus this arena is one for common sense.As in that light some will be right some wrong.
I tend to favor the ETFs but in any case the P:Es out there are preposterous and as such I must have oil in any balanced portfolio.
Good trading or in the case of oil good buy and hold...wow what yields !!!!!!!!!
Replacement Candidates for David Merkel's Portfolio: From AA to ZZ [View article]
financial.
Mr. Nygren
Energy Stocks Are Too Cheap to Ignore - Barron's [View article]
And I would hope the lessened use of gasoline would continue.
Now however, we are entering the crack to Home Heating # 2.
My first thought is a pipedream as usage of gasoline and diesel
will return to numbers more indicitive of seasonal use.Sure,
less gasoline in the winter and increasing demand as vacation
time approaches next spring.......people will get tired of "staycations",
indusrial demand here and offshore will not diminish,and while
other factors helped lead to this spring and summer's rise
(hedging for one) crude will find a real level....no bubble
environment......and off we go.
I don't give a damn about consensus this arena is one for common
sense.As in that light some will be right some wrong.
I tend to favor the ETFs but in any case the P:Es out there are
preposterous and as such I must have oil in any balanced
portfolio.
Good trading or in the case of oil good buy and hold...wow
what yields !!!!!!!!!
Tom