Oil is looking real tasty

[stockstradr]

Today is a fine day to buy yourself some oil stocks. Stick with big cap oil stocks because they are the only ones who might be able to still make money at $42/bbl.

Oil under $42 / bbl! And you need me to tell you it is time to buy energy stocks? Get outta here! Whaddya want from me. You want me to put stacks of hundreds in your hand. You want it that easy?

You can’t lose buying oil stocks at $42/bbl! The towel-heads already warned they would cut production AGAIN before the end of the year.
🙂

Also, if you want some upside 2:1 leverage in a straight bet on crude, you can go with ProShares “UCO” which seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones—AIG Crude Oil Sub-Index

I just moved 15% of overall portfolio into oil stocks and ProShares UCO.

[peterb]

You may also want to consider that at $42/bbl, most of OPEC’s competitors cannot make a profit and thus will cease to operate if this maintains for too long. This may not be the bottom for oil, but I bet it’s dang close. Maybe it could drop another 10%? But of course, the next question is, “what’s out there to cause it to rise?” Look at oil performance for most recessions. Not too good. But it could be good for a 15% pop over a few months.

[peterb]

You may also want to consider that at $42/bbl, most of OPEC’s competitors cannot make a profit and thus will cease to operate if this maintains for too long. This may not be the bottom for oil, but I bet it’s dang close. Maybe it could drop another 10%? But of course, the next question is, “what’s out there to cause it to rise?” Look at oil performance for most recessions. Not too good. But it could be good for a 15% pop over a few months.

[peterb]

You may also want to consider that at $42/bbl, most of OPEC’s competitors cannot make a profit and thus will cease to operate if this maintains for too long. This may not be the bottom for oil, but I bet it’s dang close. Maybe it could drop another 10%? But of course, the next question is, “what’s out there to cause it to rise?” Look at oil performance for most recessions. Not too good. But it could be good for a 15% pop over a few months.

[peterb]

You may also want to consider that at $42/bbl, most of OPEC’s competitors cannot make a profit and thus will cease to operate if this maintains for too long. This may not be the bottom for oil, but I bet it’s dang close. Maybe it could drop another 10%? But of course, the next question is, “what’s out there to cause it to rise?” Look at oil performance for most recessions. Not too good. But it could be good for a 15% pop over a few months.

[peterb]

You may also want to consider that at $42/bbl, most of OPEC’s competitors cannot make a profit and thus will cease to operate if this maintains for too long. This may not be the bottom for oil, but I bet it’s dang close. Maybe it could drop another 10%? But of course, the next question is, “what’s out there to cause it to rise?” Look at oil performance for most recessions. Not too good. But it could be good for a 15% pop over a few months.

[kewp]

All I know is I filled up for $1.69 a gallon @CostCo yesterday and it was *awesome*.

Can some explain to me why cheap gas and housing is bad, again?

[kewp]

All I know is I filled up for $1.69 a gallon @CostCo yesterday and it was *awesome*.

Can some explain to me why cheap gas and housing is bad, again?

[kewp]

All I know is I filled up for $1.69 a gallon @CostCo yesterday and it was *awesome*.

Can some explain to me why cheap gas and housing is bad, again?

[kewp]

All I know is I filled up for $1.69 a gallon @CostCo yesterday and it was *awesome*.

Can some explain to me why cheap gas and housing is bad, again?

[kewp]

All I know is I filled up for $1.69 a gallon @CostCo yesterday and it was *awesome*.

Can some explain to me why cheap gas and housing is bad, again?

[peterb]

It’s bad because it pretty much portends a depression. One that may effect you. Inflations a pain, but at least you have a job. Deflation starts off being great because your see the leading edge as things become less expensive, then all of the sudden you get unemployed and then it aint so great. But if you’ve got cash reserves, it’s a party!!

[peterb]

It’s bad because it pretty much portends a depression. One that may effect you. Inflations a pain, but at least you have a job. Deflation starts off being great because your see the leading edge as things become less expensive, then all of the sudden you get unemployed and then it aint so great. But if you’ve got cash reserves, it’s a party!!

[peterb]

It’s bad because it pretty much portends a depression. One that may effect you. Inflations a pain, but at least you have a job. Deflation starts off being great because your see the leading edge as things become less expensive, then all of the sudden you get unemployed and then it aint so great. But if you’ve got cash reserves, it’s a party!!

[peterb]

It’s bad because it pretty much portends a depression. One that may effect you. Inflations a pain, but at least you have a job. Deflation starts off being great because your see the leading edge as things become less expensive, then all of the sudden you get unemployed and then it aint so great. But if you’ve got cash reserves, it’s a party!!

[Author]

Posts