Most technicals look poor
I find few stocks in our portfolio that look like they are headed higher in the immediate future. Even though oil has had a sharp and steep decline, prices still look like they have room to drop.…
Superior Energy Services, is it all a sector story? Score Zero
This is a checklist I use to quickly come to a conclusion on a stock. I score a stock, each line getting a 1, 0, or -1. A stock that scored 1 on each line would be a perfect 10. Buy it! Some of…
Why Do You Hate The Oil Sector? And Yes, I Do Mean You..
Watching SLB trade lower and lower is what I'm talking about. Watching HES and HAL trade into the red is what I'm talking about. Watching BAS get crushed is what I'm talking about. The market hates…
J.P. Morgan-" Trading at practically unthinkable valuation levels, Halliburton has by far the most upside.."
I've been losing money on Halliburton for the last month but probably not as much as J.P. Morgan clients. If you would like to view this report in its entirety , you should call your J.P. Morgan…
A Spike In U.S. Oil Production Is About To Make It The New Middle East
A Spike In U.S. Oil Production Is About To Make It The New Middle East. It's hard to reconcile what's happening today with $BHI,$HAL, $SLB, $BAS, et with this story from Citi
Energy Shares Suffer 'Gas' Pangs - WSJ.com
I thought this article was interesting. The drilling companies represent outstanding value and we are long HAL, BAS, SPN. Good American know how at bargain basement prices. Energy Shares…
Drill baby drill will be the U.S. national anthem
If oil is cut off from Iran, it could also impede supply in Iraq as Iran will use it's influence to cause chaos wherever they can. There is significant potential for an Israeli strike against Iran…