I think having #Trump in the White House will only continue to boost #EnergyStocks and #Oil.

I think the big move in gas is triggered by cuts in #oil production. Moreover, this could be the brink of shifting to non-oil energy sources. Russia's drastic oil cut can be offset by the increase in demand and price for natural gas. Oil prices look like they're headed for stabilization, despite increasing prices and production cuts.

This article has been vindicated by the Wikileaks emails showing that Turkey's leading family was in on the ISIS #oil deal. Now, it is possible to tamper with emails, but apparently there are many emails. It is up to the experts to determine if this is a valid vindication for those of us who believe that Turkey was involved in #ISIS's funding through oil purchases. oilprice.com/.../...nvolved-In-ISIS-Oil-Trade.html

Sectarian clashes and international trade restrictions have tended to depress economic conditions across an unstable #MiddleEast. However, Abu Dhabi is on the cusp of breakthrough technology in the #energy sector with the first green city "Masdar City."

Considering large #oil revenues of the Gulf governments, they could expand renewable energy sector, whereby, reducing dependency on the unstable oil market. #Solar energy, kinetic energy and hydro-energy are viable and abundant in the region. This transition is likely to take time to come into effect, but the rewards in R&D, infrastructure, employment, investment and exports are likely to trigger an expansion of some sort.

The market doesn't look to be headed to any major blow off, but definitely a regression to the mid of the long trading range is possible, especially with looming uncertainty. I wouldn't be too worried about anything worse for the time being. Those who can't handle the wide trading range shouldn't be in the market.

The rest of the world is showing softness again so the dollar looks to be strengthening. That said, #oil prices seem to be holding up so I don't believe a huge breakout is in the works. Just more of the same ho humming along.

Agree on $AMZN, $BABA and a few others but knowing that so much #oil is sitting just to be included in the inventory, $UWTI is risky.

I still vote for #oil came from dinosaurs :)

I agree on $IBM blue, I closed out my short awhile ago. Waited a long time but with all the insider trading, buying off the mkt. and giving themselves options for pennies on the dollar, esentially robbing from the investors, employees, and customers, their ponzi scheme was sure to #crash, and it did. I am short $swhc and $sgy. #StoneEnergy is in a world of hurt. Borrowing just to stay afloat and if #oil doesn't rebound anytime soon they are toast. Say hi to Vivian Lewis for me, an old friend from stock gumshoe. I think Travis has made some bad decisions lately. A real shame. Best to u always. alan

Yes, but why did #OIL surge?

Gary... interesting comment. However, I would not use surplus funds to buy a new car. When the system finally cracks, there will be a huge glut of new and semi-new cars at a huge discount.

How are investors paying down debt?? U.S. debt is now $19.4 trillion. How is that heading lower? Maybe you can clarify what you mean.

Lastly, Government #Bonds are like gold until expensive oil production declines. Cheap #oil production peaked several years ago, now we are waiting for the peak of expensive oil. Actually, if we don't see tens of trillions of Helicopter money dumped on the market shortly, expensive oil production may have already peaked.

Government bonds are #DEBT. The world is full of debt up to their eyeballs. Without growing energy production, this debt will not be paid back. #Gold and #silver are two of the best assets to own going forward.

Steve

Hmmm not a good time to be publishing this. Anyways, the reverse is happening currently. #Oil prices may firm up after worries about demand after the summer ends and worries about the middle east appear, yet again.

It is strange that companies keep drilling and pumping #oil at a loss, however, with borrowing the way it is, inefficiencies are not just created but perpetuated. In reality, oil drilling and pumping is more a method of borrowing more and more than a economically viable endeavor much like building useless buildings anywhere or operating factories that can't sell anything for a profit. We are falling into the same hole all socialist programmed economies do and the argument goes, if we stop then our economy goes down.

Thus unprofitable drilling continues and oil gluts remain. I do believe, such drilling shouldn't happen until way into the future when they will make huge profit, but everyone acts like if we don't drill now it will be lost to the oil eating worms or something. Absurdities, just like the buying of oil and dumping it into the ground that we call our strategic reserve. Our real strategic reserve is not pumping our oil out of the ground at a loss.

Thanks for the chart. The market is on a short term rally. Then I think it will slide back into the trading range again when people figure out that the next worry is the gradual rise in commodities pricing which is good in the fact it causes inflation (the central banks say they love it but shouldn't want it). Given the fact corporate profits have been falling and #oil hasn't yet joined the price rise rally, the next phase of a downturn may be in order. After commodities finish falling then consumer goods are hit and eventually the service sector falls. Then the bubble bursts in asset prices.

My suggestion, buy commodity focused stocks.

This is actually largely ineffective since anyone who has their house demolished tends to get large payments from Hamas, Iran, etc. Saddam Hussein was big on this - he'd send what amounted to a small fortune in Palestine to the families of suicide bombers. This unfortunately led some people to murder innocents for the financial incentive rather than any ideological belief. Money from #oil and even narcotics often ends up funding terrorism.

It wouldn't have any thing to do with the States becoming self sufficient. They have finally worked out globalisation doesn't work. High employment more than offsets to cost of #shale #oil.

Current #oil glut is largely due to Libya and one other country producing again, very simply. It's probably temporary and benefits the US consumer and therefore our economy should get stronger; it also has residual effects on Russia, #ISIS, etc. but that is just a fluke, IMO.