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Apr
Wrap – Week Ended 4/10/15
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Questions and comments will be addressed in the Monday post. Have a great weekend.
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11
Apr
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Weekend reading: It seems anyone that is recommending energy is still talking larger names. Karl Chalabala at Canaccord recommending RRC because of the RDS – BG merger. Fadel Gheit ay Oppenheimer focus on oil and those with staying power that can ride out the weakness. Likes RRP,BP,APA,HES,MRO,MUR,OXY. Does seem to confirm the Z thought that no one willing to think small – mid cap names at this stage of the cycle. Short positions updated. On Amex TPLM, NOG & EOX still largest. Biggest increase UPL. Biggest decrease REXX. Crude up 4 weeks in a row. TDW up 25% last week.
April 12th, 2015 at 12:13 pmWhen you say "on Amex" what do you mean?
April 12th, 2015 at 12:59 pm2 The old American Exchange which is now part of NYSE.
April 12th, 2015 at 1:01 pmThanks Tom
April 12th, 2015 at 8:29 pmGot it. Thanks Tom. That's what I thought you meant but wasn't sure if it was some investment house i wasn't familiar with by the short hand.
April 12th, 2015 at 11:30 pm