It’s one of the most frustrating, expensive and dangerous fallacies about energy and oil I’ve encountered throughout my career.
Despite what you hear in the mainstream and financial media, geopolitics don’t drive sustained moves in oil prices. This is nothing new and this week’s big sell-off in crude is just the latest example of why you should look to fade spikes in crude catalyzed by military action in the Middle East, or sensationalist stories about the importance of the Strait of Hormuz.
In this video I dive a little bit deeper into the link between geopolitics, oil and energy stocks.
I also update my latest thoughts on oil prices, what I like to call the “Curse of the ETF” and three specific niches of the energy market I see as most attractive right now.
I’m planning to add some energy exposure to the model portfolio that’s part of the paid tier of Free Market Speculator over the next few days. And for those interested, I’m offering a 30-day free trial to FMS through this link:
DISCLAIMER: This article is not investment advice and represents the opinions of its author, Elliott Gue. The Free Market Speculator is NOT a securities broker/dealer or an investment advisor. You are responsible for your own investment decisions. All information contained in our newsletters and posts should be independently verified with the companies mentioned, and readers should always conduct their own research and due diligence and consider obtaining professional advice before making any investment decision.
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