VDE News and Press, Vanguard Energy From 12/21/22

Summary The Invesco equal-weight RYE ETF attempts to mitigate concentration risks in the energy sector using the same strategy as sister fund - the RSP ETF - does in the S&P 500. The fund holds equal weight positions in 24 energy companies and rebalances on a quarterly basis. The TT...

Summary Energy had an incredibly strong 2022, however, it remains almost 15% below its 52-week highs. We expect energy prices to remain lofty and many companies are directing cash flow to share buybacks instead of share repurchases. Overall, we recommend interested investors continu...

Summary As we enter 2023, bottom-up fundamental research is going to be critical as we go through this environment. So economic growth in '23 is pretty uncertain in some regions, maybe a little bit more certain in others. I think energy transition is something which is going to cont...

Summary The key supply uncertainty for the oil market this year has been how well Russian supply would hold up. We believe that there is upside to European gas prices in 2023 - however, much will depend on how much storage the EU manages to draw down this winter. We expect power mar...

Summary Inflation continues to moderate, not only here, but also in Europe. Despite the negative economic reports and the reaction to the Fed rate hike, the US Dollar barely budged for the week. Value yet again outperformed Growth in the last week, this time by a spread of almost 1%...

Summary It's time to sell Vanguard Energy ETF (VDE) as its price is likely to fall in the coming months due to oil price volatility. Oil prices are unlikely to bounce back in 2023 due to economic headwinds and excessive supplies. A double-digit year-over-year decline in earnings cou...

Summary Avoiding envy, and its associated pitfalls, is one of the simple secrets to a successful investment portfolio. Value once again outperformed Growth in the last week. After closing below the 200-day moving average for two weeks running, the US Dollar seems firmly entrenched i...

Summary Invesco's DBO which holds WTI futures has been on a downtrend for the last six months. The downtrend looks to continue, as shown by the variables pertaining to the demand-supply equation. There could be a trading opportunity, though, provided that the market's attention turn...

Summary U.S. equity markets are grappling with the highest inflation in decades, critical central bank policy decisions, and slowing economic growth. Energy’s positive dispersion can be attributed to the outperformance of energy stocks this year, which has propelled the S&P E...

Summary Markets as a whole - whether equities, bonds, REITS, or alternative investments like crypto - have mostly suffered in 2022. The good news is some short-term relief has been welcomed. The other development from this year's selloff has been the opportunity for a number of "contrar...