Today, Jason Snipe, CIO, Odyssey Capital Advisors and Eric Nuttall commented about whether NVA-T, FRU-T, PIPE-T, SGY-T, CHRD-Q, LCX-X, HWX-T, SU-T, ERF-T, VET-T, WCP-T, GXE-T, BTE-T, TVE-T, MEG-T, CPG-T, ATH-T, CVE-T, COST-Q, GOOG-Q, MSFT-Q are stocks to buy or sell.
Prediction of higher oil prices coming to fruition.
Expecting $85-$100 oil prices going forward.
Record oil demand continuing to rise with shortfall in oil supply.
USA oil supply reducing (less productive wells) combined with Saudi production cuts.
Fear of recession also not materializing.
Global oil inventories at all time lows.
Just delivered another solid quarter, traffic up 5.2%, memmbershio renewals also high.