Investment Management
The International Energy Agency says Oil stockpiles will decline by about 600,000 barrels a day in the next six months as curbs by OPEC and its partners take effect. The IEA had previously assumed inventories wouldn’t drop until the end of 2017. Russia, the biggest producer outside OPEC to join the deal, will gradually implement […]
Investors who hung on to their remaining 2 positions of the iShares MSCI Brazil ETF (EWZ) at $27.29 and $27.30 are now making a paper profit of 34.00% over 8 months (based on $32.00 per share). We advice to liquidate long positions Among the many dysfunctions dogging Latin America’s biggest democracy — prolonged recession, […]
Investors who bought the Energy Select Sector SPDR ETF (XLE) on 7 November are now making a total paper profit of 152.74 percent on 17 positions. We advice to take partial profit of 70.62% on 8 positions U.S. shale oil companies are using the post-OPEC rally to hedge their oil price risk for next […]
We advice our Subscribers to start accumulating the Energy Select Sector SPDR ETF as we see Brent crude climbing to $60 per barrel. Russia, the world’s biggest energy producer, is “on board” with an OPEC agreement to limit crude oil production to help re-balance the market, according to OPEC Secretary General Mohammed Barkindo OPEC […]
We advice Investors to start accumulating the iShares MSCI Indonesia ETF (EIDO) as the doves are back in action Fed Governor Lael Brainard today cautioned that it was less compelling to tighten monetary policy preemptively. She made no reference to a specific meeting of the policy-setting Federal Open Market Committee NOTE: Brainard’s comments […]
Sign up our newsletter for FREE financial advice and investment tips delivered to your inbox on weekly basis.
Want to keep in touch with news from Blue Phoenix Financials? Subscribe to our RSS feed using by clicking on the button to the right, or subscribe to our newsletter by filling out the form below.