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Wrap – Week Ended 10/3/14
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We've gotten a number of questions regarding a rising rate environment and crude prices with several suggesting that rising rates equates to falling oil. See the rest of the wrap below this set of interesting graphs.
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The blotter is updated.
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I just did a quick chart on yahoo in the same time series for CVX and XOM. Eyeballing your chart against the stocks (not the best especially with regard to the older data series as integrated oil rather than small/mid cap E&P) they certainly follow it. My only takeaway is there is always going to be a ton of volatility. sigh. the money is just supposed to roll in frustration free lol. This is was helpful Z. Thx.
October 4th, 2014 at 10:46 amWhen people focus solely on charts – and have no knowledge beyond the chart patterns – this is what you get …
What’s Wrong With Energy Stocks? http://dlvr.it/76PPJ2