4Q14 Stock Summary: Fourth-Quarter Earnings Season a Bore
We’re now in the lull between earnings seasons, and stocks will trade off economic news and geopolitical events.
Fourth-quarter earnings season was fairly uneventful. It seemed that investors basically ignored the results, unsure of whether to buy a market that’s already gone up.
There’s been continued strength among technology stocks, and the NASDAQ Composite recently broke out convincingly over 4,750, where it… Read More
So far, this earnings season is unfolding similar to the previous three quarters of 2014. Companies are typically only beating on one financial metric—but this quarter, that metric is earnings, not sales.
2015: Flat or Down Year in the Works?
There is growth out there, but it remains modest. Companies continue to push the envelope in terms of worker productivity and cost containment. But while corporate balance sheets remain in… Read More
Simply put, there is no support or interest in buying oil at this time, and that means oil prices could realistically hit $40.00 a barrel. Oil prices that low could cripple the global economy. Let me explain…
The Decline in Oil Prices
When the West Texas Intermediate (WTI) crude oil prices initially broke below $80.00, I was thinking maybe it was overdone. Then we witnessed a break below $70.00, followed… Read More
The price action in oil is dramatic. It’s really significant considering it traded so consistently in a range around $100.00 a barrel prior to its recent drop.
The breakdown in oil prices is suspicious for the simple reason that both growing supply and stagnant demand have been such a constant over the last several years. There’s nothing new in the marketplace, only that OPEC (the Organization of the Petroleum Exporting… Read More
The big news so far this earnings season isn’t corporate financial results but the price of oil, which continues to be under pressure.
Domestic production has finally caught up to spot prices and combined with reduced expectations for the global economy, oil prices continue to be vulnerable.
Resource investing is inherently volatile; risk related to commodity-based investing is always higher. But as oil prices have given oil stocks a well-deserved… Read More
The weakness in oil prices was pretty sudden and has changed the financial dynamics for many producers. Typically, weaker oil prices are slow to translate into lower prices at the pumps.
Domestic junior oil stocks have been hot commodities until recently. Many of the market’s best growth stocks in this sector continue to be expensively priced and finding value has been a difficult endeavor.
One company we’ve considered before in… Read More
Crude oil has pulled back from its recent price strength, but it’s still holding up pretty well above the $100.00-per-barrel mark for West Texas Intermediate (WTI).
Energy is still a top sector for equity portfolios, but it is the case that many oil stocks have already moved up tremendously and valuations are a little stretched.
I’m a big believer in energy infrastructure and pipelines for income-seeking investors and junior energy… Read More
The spot price of oil is holding up and there are countless oil stocks pushing their highs.
If the 1990s were the decade for technology stocks, then the 2010s are the decade for independent oil producers.
While the largest integrated oil and gas companies are struggling to grow production, mid-tier, independent producers are filling the gap, and there are countless growth stories in the marketplace.
EOG Resources, Inc. (EOG) has… Read More