This post was just published on ZYX Buy Change Alert. Oil has been crushed. Please see the Morning Capsule. The best oil stock to invest in right now is RDS.B. Of special note is about 7% dividend. Also from a technical perspective, the stock has held up well during this carnage in
The U.S. on Thursday launched missile strikes against Syria in retaliation for chemical attacks on the Middle Eastern country’s own citizens. There are sure to be geopolitical ramifications. For investors, here’s what’s happening to various asset classes as well as my predictions. The predictions are derived from the adaptive ZYX
My interpretation from this chart going back 56 years is that Donald Trump’s criticism of the Federal Reserve will kill the “Trump rally.” It’s not a question of “if,” but “when” and from “how high.” At a minimum, the foundation of the death of the Trump rally will be
OPEC reached an agreement this morning to cut oil production more significantly than anyone expected. In the past, OPEC agreements have suffered from widespread cheating. This time it is somewhat different, in that most of the cuts are coming from Saudi Arabia, and in our opinion, Saudi Arabia tends to
My long-time readers know that my calls tend to be measured, and I am not given to hyperbole. So why do I call Royal Dutch Shell RDS.B, the best super major oil company? There are six super major oil companies: BP Plc BP, ConocoPhillips COP, Chevron CVX, Royal Dutch Shell, Total
Due to heavy interest, the following post from ZYX Buy Change Alert is being reproduced below. There is a single unconfirmed report that OPEC has reached an agreement to limit production to 32.5 million barrels per day. This will be finalized in the November OPEC meeting. At present, OPEC is
This post was just published on ZYX Short Sell Change Alert. Oil is short using ETF USO from $11.02. In the alternative there is a long position using ETF SCO from $82.50. As of this writing USO has fallen to $10.59 and SCO has risen to $89. As we shared with you at
This post was just published on ZYX Short Sell Change Alert. Oil moved up a lot first on API inventory draw (please see the Morning Capsule), then took a second leg up on EIA inventory draw. EIA draw came at -14.5 million barrels vs. consensus of a build of +0.5 million barrels. Less knowledgeable
When almost everyone is positioned one way and the news shows the positioning is wrong, tremendous investment opportunity is created. Late last year and earlier this year, such an opportunity was created due to combination of the Federal Reserve raising interest rates for the first time since the Great Recession
This post was just published on ZYX Short Change Alert. OIL ETF USO is short from $11.31. As of this writing it is trading at $10.87. The EIA data was extremely bullish. This contradicts API data mentioned in the Morning Capsule. According to EIA, Oil Inventories came at -2.5 million barrels vs.