Energy/Oil Update – Recent data and where to build your energy stock shopping list
Josef Schachter, Fonder of the Schachter Energy Report joins me to provide a recap of the recent EIA data for the energy sector. While this data was viewed as bullish Josef explains that when you dive into the data it’s not as it seems. We also discuss how oil will be impacted by a market pullback and where to look for good opportunities in energy stocks after a pullback.
Click here to visit the Schachter Energy Report website to learn more about Josef’s services.
Sprott Weekly Wrap:
Chris Temple recommended Direxion Daily Energy Bear 2X Shares (ERY) 1-15-21 at $26.58. It closed today at $30.99, a 16% gain.
For all those game stoppers.
Next week should get interesting.
What happened to the weekend post?
The economic rebound is actually an economic reset!
Really useful and interesting info. I will save off buying BP and RDS. Now do airlines and cruise companies 🙂