Bullish on oil stocks... is the ride coming to an end? - futures trading signals
If the recent escalation has arisen in stocks in the oil company by the dynamics, what are the chances that prices fall when the merriment is over?
(Yahoo Finance 10-17)
Many analysts believe speculative investing is the real culprit behind the skyrocketing energy prices by 11 percent in recent weeks, arguing that supply and demand do not support prices near $ 90 a barrel. Dealers can be found in the technical signs in the differences shown between the existing and future contracts with oil, that money is always integrated oil futures. These signals spark new buying that pushes prices even higher.
"I think the market is traded on the momentum," said Antoine Halff, director of energy research at Fimat USA LLC.
Thursday, January 21, 2010
Futures Trading Signals Bullish On Oil Stocks... Is The Ride Coming To An End?
5 comments:
Depends on how you look, the energy sector. In the short term, yes, the oil is expensive and spread the foreclosure hits credit problems (no, not really not yet come), the turbulence in the energy sector, especially petroleum. Oil stocks high price is mainly on shares buy back program, and not demand for products. I think that the central question of the price effect of oil in the moment.
But in the long run, oil is still a very good choice. Several million cars, trucks, ships and aircraft, as well as lawn mowers, oil and plastic industries, are in demand for petroleum products next year. The key, however, that this should be a long-term investment with the full reinvestment of dividends. (In the long term as 10 years or more is defined.)
This is not the right time to buy oil stocks, because it is very, very expensive. Obtain forms for making the reinvestment of dividends and plans to complete, but wait until the market to bring correction or crash. Then buy when the prices are favorable. Then insert the instructions and account information in a safe place to forget andRespect. Over time, you should do quite well.
Well, the psychological barrier of $ 100 per barrel is not too far. So my best guess that is what we - if not now, will see (in the summer of next summer) is certain.
The oil has still much to do with the IMO back.
Recently I had a question or two months ago about some oil reserves ... Oil was $ 63 ... someone replied to it with "Dude, you missed the boat is always higher oil"
Monitoring the situation in Turkey, because it seems to be one of those most responsible for rising prices. Even if the cycle of the standard (follow oil in winter, spring), it is not unreasonable to believe that the price may rise further.
Not yet. The price of oil at 100 = recession. We do not need this, that we something for peace in the Middle East, so that we can make money on the market.
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