FENY News and Press, Fidelity MSCI Energy Index From 02/07/24

2024-02-07 01:53:00 ET Summary A sub-$3trn 2023 for M&A, but new year pipeline gives hope. Rising follow-on equity in 2023 signals latent appetite. Unstoppable debt capital markets hit $8.9trn for FY2023. By Lucille Jones, Senior Manager, Deals Intelligence and...

2024-02-05 21:50:00 ET Summary Russia seems to have taken advantage of the drop in Iran’s oil exports. Saudi Arabia, Kuwait and Iraq deepened their cuts. Non-OPEC members of OPEC+ (excl. Russia) did not improve their compliance. Leaking tendency among non-OPEC produ...

2024-02-02 14:15:37 ET Summary The future of U.S. fossil fuel production and consumption is uncertain leading up to the 2024 U.S. election. The VanEck Oil Services ETF could be influenced by the election results, causing volatility in the ETF. The OIH ETF tracks oil prices and...

2024-01-31 04:36:00 ET Summary 2023 was characterized by narrow leadership and multiple expansions. While last year’s gains have led to headline valuations appearing stretched, there are many segments of the market that are not as aggressively priced. With the expectati...

2024-01-29 16:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-01-29 11:49:41 ET More on Crude Oil Oil prices in focus after drone attack kills three U.S. troops, escalating Mideast crisis ... Read the full article on Seeking Alpha For further details see: Oil breaks above technical resistance and has upside room to $85 per...

2024-01-23 06:12:28 ET Summary Global oil fundamentals are deteriorating due to poor economic growth, technical recessions, and emerging market sovereign defaults. Surging oil production from US shale and non-OPEC producers will offset Saudi Arabian-led production cuts, leading to...

2024-01-16 22:49:00 ET Summary The year ahead is, of course, a blank slate and no one has a clue how events will unfold. Weather and geopolitical risk are also on the short list as factors that could drive commodities prices higher, although marginal demand and monetary (liquidity...

2024-01-12 05:11:13 ET Summary Fidelity MSCI Energy Index ETF offers exposure to the energy sector, which may be reasonably valued and offer a margin of safety for investments. The fund is top-heavy, with its top two holdings, Exxon and Chevron, accounting for 35% of its total wei...

2024-01-04 11:15:00 ET Summary In this 2023 year-end sector review (part 1), we look at how companies performed during 2023 in the communications services, consumer discretionary, consumer staples, energy, and financial services sectors. After a bad year in 2022, the consumer disc...