Energy Market Update – Oil’s new downtrend and the stocks under-performance
Josef Schachter, Founder and Editor of the Schachter Energy Report and Eye On Energy joins us for an update on the energy markets. We focus on the recent volatility in oil and the general pullback over the past 2 months. Also the divergence between the oil price and the oil stocks is considered.
Click here to visit Josef’s site to learn more about the Schachter Energy Report and Eye On Energy.
OREA Mining (TSX- OREA) was up 27.27% today, over 6.5 million shares traded! DT
This guy been bearish on oil and said sell back in January, oil was suppose to retest 30’s, oil went to new highs, what a joke, watch all stocks he said to sell double and triple, obviously I never renewed his newsletter.
Totally was hoping stocks crash and covid shutdown never happened.
KEreport is doing itself disservice by having Joseph on.
How so? Josef is one of the most well-informed folks on the macro picture in Oil & Gas around. He knows the fundamental backdrop of most of the key companies from producers, to exploration/developers, to oil services, and is in direct communication with most of the key players in the energy sector.
Who do you feel would be a better guest to bring on and regularly invest their time and energy for free with our audience with Josef’s breadth of knowledge?
Feel badly for Josef taking hurtful comments. Right now I’m following his advice and waiting for better prices on companies I like.
Only looking at NYSE listed oil companies and might start selling puts on those. No mutt oil companies for me.
NATGAS
Orea Mining, I wish they would call it Oreo Mining, is emerging from the deep freeze, the tin foil is off and it is heating up and coming back to life. Three shoes have dropped, two court cases were won and an environmental issue with The French Government has been solved. That leaves two shoes left to drop, one is The French Government announcing it will not pursue a final appeal, and the second should see Nordgold plc mount a takeover of Oreo’s shares.