Energy Tag

The Selloff In Oil/Oil Stocks is Buyable

25 May, by Bryce Coward, CFA in Markets, Portfolio Management

As we write, comments by officials in Saudi Arabia about possible OPEC production increases later this year have sent WTI crude oil futures down below $68.00/barrel (-4%), down from nearly $73/barrel just three days ago. Meanwhile, global energy stocks are lower by about -2% for...

Oil is Breaking Out and Energy Stocks Have Lots of Upside

06 Nov, by Bryce Coward, CFA in Markets

As the famous Yogi Berra once said, "You can observe a lot just by watching". At the moment we are watching the price of oil break out of a trading range to the highest level in about 2.5 years. The "common knowledge" explanation for the...

The Rally in Energy Isn’t a Fluke

28 Sep, by Bryce Coward, CFA in Markets, Portfolio Management

Since the middle of August the S&P 500 energy sector is up 11.5% compared to just 3% for the index as a whole. Many observers have chalked this outperformance up as a reaction to a deep oversold condition or a short covering bounce, but a...

Hunting for Yield in MSCI Europe

17 Mar, by Knowledge Leaders Team in Markets

As yields on European government bonds continue to decline, investor preference has shifted to equity funds–with net inflows so far this year already eclipsing last year’s totals, according to this Wall Street Journal article....

To Catch A Falling Knife

13 Mar, by Knowledge Leaders Team in Markets

From nearly every perspective, MSCI Europe Energy sector valuations look rather tempting compared to any other sector in the region: The issue, then, becomes whether or not the decline in prices has stopped: Our point-and-figure methodology comes in handy here, enabling us to track relative...