OIH News and Press, VanEck Vectors Oil Services From 02/06/23

Summary After a year best forgotten, 2023 has started out with a bang. January was a strong month that gave equity investors a timely relief rally. While this was a welcomed development, I am concerned that equity prices are getting too disconnected from reality. We have a challenging m...

Summary As we head into the end of January, technical conditions in major stock indexes are showing a lot of strength. We think a bear market that could easily trim 50% from indexes is in the cards, but timing is everything. We find price action-driven measures more reliable than su...

Summary Energy had a record year in 2022, but it is still a great place to put your money to work in 2023, as drivers of last year's performance are intact. The sector has the best-projected earnings growth in the S&P 500. There is secular price support from chronic underinvestment ...

Summary After a record-setting 2022, energy sector earnings are likely to generally decline in 2023, though forecasts point to another strong year by historical standards. Even with a year-over-year earnings decline, energy companies can continue to execute on free cash flow generation ...

Summary Crude oil and product prices have recovered after a significant decline from the 2022 high. Geopolitics could continue to cause price upside spikes. OPEC is in control, and Chinese demand could come storming back. The U.S. SPR sales in 2022 will support the energy commodity ...

Summary The Energy sector often performs particularly poorly at the onset of a recession, and recent LEI data suggest we might already be in contraction. One energy equipment name features a high EV/EBITDA multiple and technical resistance. I highlight some key price levels to watch...

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 report optimizes trading in ...

Summary It has been a good start for the new year, with good news on the inflation front stirring optimism that the Fed may not have to raise rates as high as once thought. In an effort to spot which areas of the market are hot right now, I turned to the universe of ETFs. There are more...

Summary December was a mixed month for commodity index strategies overall. Natural gas was the strongest commodity for most index strategies. The precious metals sector was the strongest performing sector in December, rising over 5%. Natural Gas Contributes From Rebalance ...

Summary On a coincident basis, driven by a historically tight labour market and robust industrial production growth, the US economy remains deceptively strong despite negative real incomes and tight financial conditions. However, the leading indicators of the business cycle continue to ...