Daily Archives: March 3, 2024
Showing articles 1 - 2 (2 total)
04Jan2:56 pmEST
How Can You Call a Top to Oil When Exxon is About to Break Out?
Energy giant Exxon Mobil was officially kicked out of the Dow Jones Industrial Average on August 31st, 2020. Since that time, the stock has appreciated from about $40 per share to spot at $66.08 as I write this, amid the various cries that energy stocks were simply uninvestable and essentially left for dead on the side of the road. Currently,...
04Jan9:18 amEST
The Biggest Pushback I am Getting
Occasionally, I offer opinions and macro views both here and on Twitter, alongside the private feed for Members. Recently, on my main Twitter account (@chessNwine) by far the biggest pushback I am getting from folks is in regards to both the possibility of higher oil/gas prices and higher rates this year. Clearly, I am in the camp that we...