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|ECONOMY & MARKETS | July 08, 2016|
Energy Sector's Cycle About to Turn (Lower)
By Adam O'Dell, CMT, Chief Investment Strategist, Dent Research
To Everything (Turn, Turn, Turn)… There is a Season (Turn, Turn, Turn)
This $25 Trillion Bubble is About to Burst
You see, there's a seasonal pattern to financial markets.
As you can see, it typically pays to be invested in energy stocks between February and May… then out of energy stocks between May and September.
The point I'm making is simple: don't buy into the energy rally!
Adam O'Dell, CMT
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This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.
Friday, July 8, 2016
Don’t Buy the Energy Sector Hype
Posted by PTPadmin at 4:18 PM