Friday, December 2, 2016

Investors Should Own Energy

Investors should own energy because reserves of energy continue to decline around the world and so, crude oil fundamentals are still getting better. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Market Vector Russia ETF Trust (RSX), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP))

Crude Oil: The Market Is Smarter Than OPEC

The question is that the market is way smarter than oil producers, smarter than OPEC. So, I do not really pay much attention to OPEC meetings. They can sit down and have meetings that will go on for days and nights but there are a lot of oil producers in the world that are not on the agreement to cut production. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Marathon Oil (MRO), Exxon Mobil (XOM), ConocoPhillips (COP))

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