Well that was more like it. Energy in general remains undervalued despite the run and those that think that some of our names, being up 50% in the last month, are overheated, have not been paying attention to the price erosion over the summer or the fundamentals of the names themselves. But that’s OK, let the “generalists” be confused and late to the party as usual. We can lighten into their optimism when the charts are suddenly more obvious.
In Monday’s post please look for:
A) the natural gas slide show with production data for the month of September … once again, little to nothing for bulls to dine on in the data,
B) the wrap of energy earnings for Q311 week 2,
C) the earnings calendar for the coming week,
D) a few operational updates from SSN and some other smaller names
and later in week look for a revised E&P Catalyst List and on Tuesday, Performance of the ZLT portfolios through the first 10 months of the year.
Have a great weekend,
Thanks and Best,
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