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...

Is Energy’s Dead Cat Bounce Over?

12 Feb, by Knowledge Leaders Team in Markets

On an equal-weighted basis, the energy sector has still been the best performing sector in February. It is nearly 7% higher this month, however, it has been the worst performing sector so far this week (-1.5%)....

Banking And Energy Industry Groups Making New Lows

20 Jan, by Knowledge Leaders Team in Markets

Across all regions of the developed world, the banking and energy industry groups have been the worst performers.  The MSCI World banking industry is within .5% of making a new 5-year low compared to the MSCI All Country World Index....

Washed Out Energy Sector Bounced Today

21 Oct, by Knowledge Leaders Team in Uncategorized

The energy sector has been the hardest hit sector over the past month as well as over the past year. On an equal-weighted basis, the energy sector is down 14.7% over the past month and down 9.7% over the past year....