Energy Update – Data is not lining up with the higher oil price

November 3, 2021

Josef Schachter, Founder and Editor of The Schachter Energy Report joins us for an update on the oil sector, balancing out the weaker data and the oil price over $80/barrel.




click here to visit the Schachter Energy Report website.

    Nov 03, 2021 03:46 PM

    Was member of his newsletter and he had sell signal back in Jan/Feb on many stock in oil and Nat gas and said stay in cash for lower prices. I joined newsletter late and caught some good gains after oil recovered from March 2020 crash and sold because he said oil would go back from $40 back to high $20’s. Then as oil stayed up into $40’s he kept saying it’s coming down and had buy signal prices for all stocks we sold, but he was totally wrong, oil claimed all year into 80’s and most stocks he said to sell went up 2x-3x. Now he keeps calling for price to fall but who wants to buy back all stocks that we sold at beginning of year for twice price. Guy sounds great but worst call on selling stocks back in Jan/Feb and we all watch loosing out on 2-3X profits lost out on ton money and now he still at it, I just don’t trust this guy anymore.

    Nov 04, 2021 04:23 AM

    Not many predicted the move in oil and particularly natgas. This is where TA helps to help line up with fundamentals. I wouldn’t hold it against any analyst or chart whisperer if they’re wrong. We are all responsible for our own portfolios.