By Paul Sankey
Published on April 4, 2021 at 12:26 PM
Greetings on Easter Sunday, The oil market got excited at the end of the week with the OPEC decision, basically because the “Saudi Put” remains in place, with the tapering of OPEC and particularly Saudi cuts extended through July. While surprised at the scale of the bullish reaction, given that the market had anticipated a rollover of cuts, it has been notable that oil prices have held the $60/bbl range pretty firmly with a bouncing […]
Read More
By Paul Sankey
Published on January 29, 2021 at 8:50 AM
Yep! It’s Friday! I called the RobinHood helpline about Gamestop and they said “Please Hold”. Got it. I want to put my life savings into the stock – its called Gamespot Total Landscaping right? The Biden team is monitoring the Gamestop situation and will let the American people know when it is time to buy a Legend of Zelda chess set in a dented box. AMC is issuing a ton of stock, but Gamestop is […]
Read More
By Paul Sankey
Published on December 16, 2020 at 9:02 AM
Washington DC vs Wall St. Renewables stocks are ripping on word of early progress on both energy and infrastructure bills in Washington DC. Clients are talking Sunrun and all solar, $TAN the solar ETF. Daqo New Energy the Chinese silicon/solar play is almost off the chart in the past 5 days – +35%. (see below) There has been a huge move in Enphase Energy $ENPH past week, as well as $SPWR, $NOVA, $SEDG and Canadian […]
Read More
