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MEGEF - Energy Stocks Breakout After Month-Long Consolidation
Meg Energy Corp
Welcome to the breakout edition of Oil Markets Daily!
We will keep this article brief. We re-bought BTE today for our portfolio and decided to add it to our oil trading portfolio as well for leverage to the upside. There are currently no good oil trading vehicle in the market, so BTE was, in our opinion, the best beta vehicle.
Source: HFIR Oil Trading Portfolio
Over the weekend, we wrote an article exclusive to subscribers titled, "Inflection Point Will Come For Energy Stocks Above Sustained $40/Bbl." There are still many energy names trading