drbubb Posted August 11, 2019 Report Share Posted August 11, 2019 Oil, & Energy, and Energy Stocks - weak from Technological advances After MONTHS of weakness in the entire energy complex... it was time for rethinking... "All-Energy": all-data : fr. 6/2018 / Last: USO: $11.28 +2.9%, (22.2% over LoYr, $9.23) / aver. Off L: +7.7%, Other: +4.1% U.t: C$4.20 +0.5% (3.99, +5.3%), Ngas: 0.0214 -0.5% (.0205, +4.4%), BTU: $18.13 -2.09% (17.20, +5.4%) URA: $10.33 -1.15% (10.19, +1.4%) // Oilgas-UK: OILB-NGas : 6mo : 2mo : 10d : : fr. 6/2018 / 10d : The Five Transitions in Energy Happening Now (w/ Rob West) Rob West, CEO and founder of Thunder Said Energy, talks about the five major energy transitions occurring simultaneously in 2019. He compares the energy transitions happening now - renewables, shale, electrification, digitalization and environmental - to other energy transitions over the past 200 years. This clip is excerpted from a video published on Real Vision on May 21, 2019 entitled, “The Third Major Energy Transformation.” Link to comment Share on other sites More sharing options...
drbubb Posted August 13, 2019 Author Report Share Posted August 13, 2019 7 hours ago, jerpy said: Keep waiting for the Oil low myself, yo7 would think with all the ratcheting up with Iran it won’t be far away? Another Look at some Long term charts - seems like another drop of perhaps 1-3% is needed -- thinking the New Technologies may be driving this drop. Remember the Rothschild family announce 3-5 years ago they were exiting their Oil Investments XOM / Exxon Mobile ... all-data : 10yr : 5yr / Last: $69.63 -0.49%, Yield: 5.00%. PER: 16.8 (LoYr: $64.65, 7.7% Off) XLE / all-data : 10yr : 5yr / Last: $58.40 -1.18%, Yield: 3.65%. PER: N/A (LoYr: $53.36, 9.4% Off) XLE vs. USO : 4yr : fr. 8.12.2015 : / Ratio: $58.40 / $11.36 = 514% RATIO : == Link to comment Share on other sites More sharing options...
drbubb Posted August 14, 2019 Author Report Share Posted August 14, 2019 Despite 4.5% JUMP, Oil is is still in a Downtrend Weekly USO / US Oil (WTI) etf - etc ... update / Last: $11.87 +0.51, +4.49% A move above USO-$12.25 (x4.8= WTI $58.80) might be a confirmation that a new uptrend has started == Link to comment Share on other sites More sharing options...
drbubb Posted August 14, 2019 Author Report Share Posted August 14, 2019 Oilgas-UK: OILB-NGas : 6mo : 2mo : 10d : xx : 10d : NGas: .246 +1.65%, OILB: 27.27 -2.35%, UK:BP: 499 -1.59% / USO: 11.876 +4.5%, OIH: 11.83 +0.51% Link to comment Share on other sites More sharing options...
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