09
Sep
This entry was posted on Sunday, September 9th, 2018 at 9:47 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Zman's Energy Brain ~ oil, gas, stocks, etc… is is proudly powered by Wordpress
Navigation Theme by GPS Gazette
https://www.aol.com/article/finance/2018/09/08/2019-could-be-a-challenging-year-for-the-us-oil-industry/23521063/
this is the kind of thinking that has plagued the sector. most of the articles i'm reading lately are ignoring what traditionally have been the factors driving oil prices. specifically, geopolitical risks, growth of demand, current supply vs. future need of oil.
until the thinking has shifted, and i'm of the opinion only a news breaking event will accomplish this, the sector will have to continue trading at low multiple. shorts will continue to take advantage of the weakness and prey on the stocks that can be manipulated, especially in low volume periods.
I will address in the Monday post.
September 9th, 2018 at 2:23 pmNo worries….enjoy your weekend.
Hope your knee is recovering nicely.
Happy and Healthy New Year to those celebrating Rosh Hashana
September 9th, 2018 at 3:53 pmYou too.
It's got a 20 year restart
Happy Rosh Hashana. Here's to a good year.
Voucher Codes: Saving Without The Clipping
…
September 10th, 2018 at 4:46 am