It's Time to Migrate Out of Oil! XOM, CVX, SLB, EOG, APA, APC, NOV, OXY, RIG, DO

Oil has been falling and falling! It does not seem like it will find a support any time soon. The US Oil ETF, USO, is almost single-digit. I think it will soon need a reverse split, or else, it might lose another 30% soon. Could this mean that, before long, oil will reach $30/barrel?!

Energy paradigms are shifting around the world. Coal is already on its way out. Take a look at the coal stocks such as BTU, CNX, and JOY. How about some names that are barely trading, such as WLT, RNO, and ANR. In 2011, BTU was a $70 stock. Where is it trading now? Less than $1.5!!

While I do not think oil will fall as fast, as it will take longer for renewable energies to completely replace oil, it has already been over-drilled and the usage is about to decline faster and faster. We all know that electric and hybrid cars are becoming more and more popular. TSLA stock has skyrocketed. Will we soon see hybrid/solar planes for commercial flights?

China is making big changes in its energy policy. It has pledged to increase its total energy budget on renewable, zero-emission energy sources to 20%!

The linked article states:

"China has been also investing heavily in solar power. In 2013, it installed a record 12 gigawatts of solar power. In 2014 the country added another 12 gigawatts of solar power, reports Bloomberg News, narrowly missing its goal of 14 gigawatts."

In one year, the biggest oil companies such as XOM and CVX have lost tremendous value. XOM is down about 30% and CVX has lost more than 40%! Smaller companies are doing worse. NOV, for example, has lost more than 50% of its market cap in just one year. Even Buffet appears ...

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Profiting From Market Pullback! DJI, SPX, Nasdaq, TSLA, PCLN, GOOG, GOOGL, FB, AMZN, YELP, TWTR, NFLX

Earlier this month, I wrote an article, titled "Are You Ready For A Pullback", warning you that stocks are about to take a fall. This market held up for a little more than a week. Today, things finally broke down ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, IGV, FDN, CSCO, CREE, GS, WFC, BIIB, CELG, CRM, INTU, GOOG, GOOGL, AMZN, NFLX

It was another volatile week! Markets popped on Monday, sending SPX back up to test 2105. But, the selling came on Tuesday and Wednesday, pushing SPX down to test 2050. Then, buyers came in again on Wednesday afternoon. Thursday and ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, IGV, FDN

It was another volatile week! Markets popped on Monday, sending SPX back up to test 2105. But, the selling came on Tuesday and Wednesday, pushing SPX down to test 2050. Then, buyers came in again on Wednesday afternoon. Thursday and ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, IGV, ASHR, GS, CSCO, JNPR, ANET, FFIV, MSFT, CYBR, ADBE, BIIB, CELG, AMGN, GILD, BIDU, NTES, BABA, JASO

Markets were choppy last week and ultimately ended lower. Stocks started out the week falling. Wednesday morning had some irrational buying, which faded in the afternoon. The selling resumed on Thursday and Friday, although some buyers came in before the ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, IGV, ASHR

Markets were choppy last week and ultimately ended lower. Stocks started out the week falling. Wednesday morning had some irrational buying, which faded in the afternoon. The selling resumed on Thursday and Friday, although some buyers came in before the ...

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Some Stocks To Play After Earnings: Z, HLF, DDD, SSYS

Although the market was in a selloff today, there are some oversold names that beckoned re-evaluation.

Zillow (Z) sank down in the morning to $68.58, then, rallied to $76 for the close, almost up +5%! On Tuesday, the company ...

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Are You Ready For A Pullback? BIIB, AMGN, GILD, CELG, UTHR, JAZZ, GOOG, FB, NFLX, APA, APC, EOG, PANW, DO, RIG

Stocks reversed the morning gains today and ended lower. The Dow was down 120.72 points (-0.69%); Nasdaq fell 83.5 points (-1.62%); SPX dropped 16.28 points (-0.78%).

In this week's Market Forecast, we discussed ...

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Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, IGV, FDN

The markets started on a down beat last week, slipping below 2070. As discussed in last week's Market Forecast, there was support below 2070. Buyers started to trickle in on Tuesday, and got bolder on Wednesday as the Fed ...

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Monthly Wrap-Up: GOOG, GOOGL, NFLX, FB, NXPI, LNKD, AMBA, SPY, VIX

July has been a volatile month for stocks. All three major market indices (DJI, SPX, and IXIC) all ended higher slightly for the month. However, Russel 2000 was down.

We did quite well. Even though I took on a bit ...

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Tuesday Big Movers: UPS, CMI, PCP, AMGN, YELP GILD, AKAM, TWTR, BWLD, PNRA

After a few days of pullback, the market managed a bounce today. SPX added +25.61 points, while Nasdaq gained +49.43 points.

This morning, UPS reported strong quarterly results and saw its shares trade up more than +5%! PCP ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, XLE, BTK, FDN, FB, TWTR, XOM,CVX, MA, GILD, AMGN, MRK, PFE, WFM, WYNN, VLO

Markets pulled back last week. AAPL earnings disappointed investors on Tuesday and pressure the tech stocks. Energy stocks stayed weak. Stocks were especially weak on Friday, as SPX pulled back 1.07% and closed just below 2080.

However, we traded ...

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