Energy & Commodities

This No-Brainer Pick For Higher Oil Prices Is Still Dirt Cheap…

Jimmy Butts
June 15, 2022

Well, it’s official. After flirting for weeks, the S&P 500 officially closed into “bear” market territory yesterday. For context, a bear market is defined as a pullback of at least 20%. I’m not sure how the 20% mark became the invisible line to determine a “bear market.” There’s not much of a difference between a 19.8% decline compared with a 20.1% decline. It’s just as painful whether it’s officially a bear market or not. But I digress… Despite some of the most tumultuous sessions we’ve seen since the initial days of Covid, most of my holdings over at my premium… Read More

Well, it’s official. After flirting for weeks, the S&P 500 officially closed into “bear” market territory yesterday. For context, a bear market is defined as a pullback of at least 20%. I’m not sure how the 20% mark became the invisible line to determine a “bear market.” There’s not much of a difference between a 19.8% decline compared with a 20.1% decline. It’s just as painful whether it’s officially a bear market or not. But I digress… Despite some of the most tumultuous sessions we’ve seen since the initial days of Covid, most of my holdings over at my premium services have held up fairly well. In fact, some have fared downright fantastically. What’s our secret? Well, it’s really not a secret at all… If you’re a regular reader, you know that I’ve been heavily recommending oil & gas stocks since January. And even if you don’t then you probably know that most energy stocks weathered the storm better than other sectors. And while I’m not sure if we’ve found a market bottom yet, our holdings don’t care… At various points, I’ve recommended names like Chevron (NYSE: CVX), ConocoPhillips (NYSE: COP), Chesapeake Energy (Nasdaq: CHK), Suncor (NYSE: SU), and more…… Read More