bespokeinvest.typepad.com - 8/5/2009
—
Since peaking at the end of 2008, oil (the commodity) has outperformed oil stocks significantly. The chart below shows the ratio between the S&P; 500 Oil & Gas index and the price of oil. When the line is rising, oil stocks are outperforming, and when the line is falling, oil is outperforming ...
independent.co.uk - 8/3/2009
—
independent.co.uk —
The world is heading for a catastrophic energy
crunch that could cripple a global economic recovery because...
most of the major oil fields in the world have passed their peak production, a leading energy economist has warned. Higher oil prices brought ...
(more)
Warning: Oil supplies are running out fast -
...
247wallst.com - 7/29/2009
—
247wallst.com —
Oil was already against the ropes and off
of current highs because of the CFTC going after...
limits on speculators and limits on non-end-user trading activities on the energy commodity markets. But this morning’s weekly oil inventory data from ...
(more)
Oil Inventories Confirm Technical Event in ETF Charts ...
Comments
Blog Reactions
Morning Reads 8-5-2009
Portfolio Tilt —
Good Morning: 1.) What's Happening Today: Wednesday, August 5 (Clusterstock) 2.) Farmland Values Decline (Calculated Risk) 3.) Giant Corporations that are Shrinking (Economist) 4.) Oil Outperforming Oil Stocks (Bespoke Investment Group) 5.) Nine of Ten Sectors Overbought (Bespoke Investment Group) 6.) Is the Diving Dollar Driving Equities ? (Rit Holtz) 7.) Why People Like Cars with "Angry Faces" (CS Monitor) 8.) Dow Chemical Sells $2.75 Billion in Debt to Pay Loan (DealBook) 9.) The E! True Hollywood Story: Rise ...
Wednesday links: stretched sentiment
Abnormal Returns —
... (investment grade and high yield) are rocking. Does a mean-reversion strategy work timing the two? (EconomPic Data)
Junk stocks (literally) have outperformed this year. (Bespoke)
Is the US dollar carry trade now ruling the markets? (Big Picture also Barron’s)
Oil has been outperforming oil stocks. (Bespoke)
What short interest ratios tell us ...
Natural gas quandary
Abnormal Returns —
... .) For example, in the case of oil and oil stocks the relationship can (and often) gets out of kilter. Therefore trying to track oil prices with oil stocks induces ...
Related Content
Trading Strategy: Oil Stocks vs Oil
marketsci.wordpress.com 12/30/2008 — This strategy was inspired by the recent Bespoke post Oil Stocks Outperforming Oil in which Bespoke showed the historical ratio between the price of oil stocks and the price of oil itself. I’ve reproduced their graph below.
Rising values indicate ...
Oil in Big Macs
gregor.us 6/9/2009 — There’s a temptation to believe that if one stripped out the USD from the price of oil, a better picture of oil’s cost would emerge. Over the years people have expressed Oil in Euros, Swiss Francs, and of course Gold–which does make ...
Canada's Oil Sands - Part 1
theoildrum.com 8/25/2009 — This is the first in a two-part series about Canada's oil sands. In this post, I will talk about a recent American Petroleum Institute (API)-sponsored media trip I made to see Canada's oil sands, and give a little background on material being ...
Do You Know What You’re Doing With Oil ETFs?
etftrends.com 1/30/2009 — Goldman Sachs has stepped forward to warn of unprecedented flows into oil exchange traded funds (ETFs), and it has raised the question of whether investors know what they’re doing.
What’s Behind the Jump? The energy analysts attribute the ...
Oil Continues to Outperform Oil Stocks
bespokeinvest.typepad.com 5/29/2009 — Oil continues to rally on a daily basis and it is now up to $65/barrel after getting down to the $30s just a few months ago. At the same time, oil stocks have lagged the commodity pretty significantly. Below is a historical chart of the ratio between ...
Do Oil and Gas ETFs Have a Future?
etftrends.com 3/25/2009 — Oil and gas demand has fallen of a cliff. As chants of “drill, baby, drill” fall away and the frenzy to find new oil fields recedes, many wonder what’s in store for these commodities and their exchange traded funds (ETFs).
Yes, ...
When Oil Was Free
gregor.us 3/25/2009 — Were you alive when oil was free? Were you born yet? Did you have TV? Let me help: Oil was free about two months ago in January, when it traded around 34.00 per barrel.
Each barrel of oil contains about 5.8 million BTUs. Each American uses about 25 ...
Michael C. Lynch and the 'False Threat of Disappearing Oil'
theoildrum.com 8/28/2009 — This is a guest post by Kevin Rietmann, aka The Dude , on The Oil Drum. The post is a response to Tuesdays NYTimes Op-ed by political scientist Michael Lynch, showing some historical track records between some 'peak oilers' and Lynch and others.
...
Could $30/bbl Oil Happen Before New Year’s Eve?
europe.theoildrum.com 6/18/2009 — In this post last month, I described how the recent storage build might serve as a good proxy for describing a well supplied oil market. I also presented data suggesting that actual physical oil consumption may have been running 2 - 3 Mb/d beneath ...
Is This Oil Piracy On The High Seas? —
The Big Money 8/3/2009
I am having second thoughts. For a while now, I've believed that the spikes in oil prices of the last years have not been the result of market manipulation by speculators. For one thing, the sheer size of the world oil market means that it's ...
Follow WallStreetBlips on Twitter
