Tuesday, November 21, 2006
Sector Spotlight: Energy
For months, oil/gas stocks have taken a back seat to high multiple tech's. However, the natural speculator in me feels that if NYC weather stays frosty, then I ought to be positioning, now, in a few oil/gas stocks.
Currently, my largest oil holding is VLO. However, I also have positions in GMXR,UPL, SU, VSE, NGAS, CEO, TSO, CHK and SWN.
Aside from oil/gas:
The market looks like it's setting up to run higher. I am noticing strength in Gold, Steel, Internet and Wireless stocks.
Bottom line: Oil/gas looks like the leader today. But, don't count out the techies from making a late day run.
NOTE: MVIS turning around today. And, please take the new "Fly Survey." Are you Bullish or Bearish on the markets?
The following Energy stocks have mojo:
Is this for real?
I realy enjoy your site.
When it comes to oil stocks, just look at uso and ask yourself, do I want to be long that complex right now?
The "mojo list" is not a recommendation list. It represents the most up in a particular sector.
And, to answer your question: Yes. Oil represents 10% of my weighting.
Just in case you want to say anything cute: Let me hit you with a preemptive fuck you.
Which one/two of these oil/gas has the most upside? GMXR,UPL, VSE, NGAS, CEO, TSO, CHK and SWN.
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