Wednesday, June 15, 2011

BIG OIL Across the Board >>> feeling rather queazy (FINVIZ)

Crude Oil has averaged approx. $90/bbl over the course of the last twelve months.  In the last three months, oil has averaged ABOVE $100/bbl.  In the last three months, and a today's LOD price, these four companies, BP, Chevron, ExxonMobil, and Royal Dutch Shell have experienced declines in their share price of 14%, 11%, 11%, and almost 13% respectively.


Cheap money.  Good commodity prices.  Experienced management teams.  Expert and Exceptional technical resources.  Something does not add up.  Or is it simply that value, and at its core, within its fabric, they are at odds, as I have written before.


It is in circumstances like these where I am grateful to be an active and avid trader.Wealth preservation and growth can be achieved along many different paths that suit the risk tolerance and investment expectations of the client, and for me, trading is a fabulous fit.  I marvel at the global capital machine, and realize how deep an interest I have acquired for this discipline.





BP





Chevron





ExxonMobil





Royal Dutch Shell


No comments: