Tag: XOM

  • These Oversold Stocks Should Gush Higher with Oil

    These Oversold Stocks Should Gush Higher with Oil

    Oil prices are gushing higher. Last checked, WTI crude was up about $1.60 to $75.01 and could push higher. For one, demand could exceed expectations, if the economy shows further signs of growth, which could result in a deficit. Two, there are tensions in the Red Sea, where “Houthi militants have vowed to retaliate over…

  • Use Weakness in Lithium Stocks as a Buy Opportunity

    Use Weakness in Lithium Stocks as a Buy Opportunity

    Pay close attention to oversold lithium stocks, like Albemarle (ALB). After dropping from about $240 to $209.13, the ALB stock appears to have caught strong support and could pivot higher again shortly.  It’s also oversold on RSI, MACD, and Williams’ %R, and could potentially run back to $240 on the strength of the lithium story.…

  • This Could Send Oil Prices Up 300%

    This Could Send Oil Prices Up 300%

    Oil prices are still surging. In fact, last checked crude was up another $6.50 to $106.30. All thanks to a combination of massive underinvestment, rising demand, Russia, and the upcoming summer driving season.  Plus, Russia’s oil output is only crumbling, and is only expected to get worse.  Oil is also being driven higher are global…

  • Oil Gushed to $105 a Barrel… and It Could Get Worse

    Oil Gushed to $105 a Barrel… and It Could Get Worse

    By now, you know Russia attacked Ukraine. “In announcing a major military operation, Russian President Vladimir Putin deflected global condemnation and cascading new sanctions — and chillingly referred to his country’s nuclear arsenal as he threatened any foreign country attempting to interfere with ‘consequences you have never seen,’” noted Reuters. Meanwhile, NATO plans to reinforce…

  • Three Oil Dividend Stocks to Consider on Potential War

    Three Oil Dividend Stocks to Consider on Potential War

    $7 oil could be a very real possibility. “My guess is that you are going to see $5 a gallon at any triple-digit [oil prices] … as soon as you get to $100. And you might get to $6.50 or $7. Forget about $150 a gallon, I don’t know where we will be then,” Energy…

  • The Dogs of the Dow Didn’t Work Well in 2020, but it Should in 2021

    The Dogs of the Dow Didn’t Work Well in 2020, but it Should in 2021

    One of the best ways to trade the New Year has been with the Dogs of the Dow. This year, they weren’t so hot with the pandemic.  But historically, the Dogs do quite well. They returned nearly 20% in 2019. In 2018, the Dogs eked out a 1% gain, as the Dow lost 5.6% for…