Oil Had a Great 2016: 4 Stocks to Buy as 2017 May Be Even Better
While it’s unlikely oil will double again, there's reason to believe that 2017 could be solid, especially since the sector tends to be a good late cycle/reflationary performer.
While it’s unlikely oil will double again, there's reason to believe that 2017 could be solid, especially since the sector tends to be a good late cycle/reflationary performer.
After the election was decided with the Republican candidate taking the White House, short interest for major oil stocks is now more important than ever to follow.
If OPEC does agree on production cuts, oil should see a pop in the spot price and the top companies in the sector could jump as well.
The November 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was ultimately mixed, although there were substantial moves.
One thing has always been a constant for the leading oil-producing countries in the Middle East: They don’t really have any other exports of note. The longer prices stay low, the worse…
Last week, following the election, the insiders were back with a vengeance, and the buyers were out in full force.
After the election was decided this week with the Republican candidate taking the White House, short interest for these major oil stocks is now more important than ever to follow.
Occidental Petroleum is set to release its third-quarter earnings report before the markets open on Tuesday.
The October 14 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
While much of the insider activity has been restrained this week, some big-time players in the technology world took advantage of open windows to sell and unloaded stocks at a furious pace.
The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
Some insiders may be selling stock as they expect volatility after the election. Others may just be taking some money off the proverbial table.
Regardless of what rates do, these four companies should do fine as they have very strong and mature businesses.
The September 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was largely down.
The August 31 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed but largely down.