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A Comment -- General Comments From an Expert (A Commentary) opinion on 2017-07-14

Last Price Recorded: 0.0200 on 0000-00-00

ON STOCKCHASE SINCE Oct 2000

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Robert McWhirter
A Comment -- General Comments From an Expert was $0.020 at time of opinion
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Energy. From a technical analysis perspective, oil hit a bottom in June at $42. Despite that oil can be found for less than $40 in a lot of US oil sands locations, this is more of a general economic reflection. The stock indices of emerging market countries, have broken a six-year downtrend, a reflection of an improved economic activity. With that comes a rising demand for commodities, including energy, and he thinks oil has bottomed at $42. This is in a band of roughly $42-$56. Whether it goes to the top end of that band or not, it is a significant percentage change and would be very beneficial to a lot of energy companies on the TSX. If we get an increase in overall world demand, that should help with the overall tone and hopefully with the price of oil.

BULLISH on ENERGY

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677 BUY
49 BUY on WEAKNESS
3059 COMMENT
687 DON'T BUY
132 HOLD
5159 N/A
10 PARTIAL BUY
7 PARTIAL SELL
216 PAST TOP PICK
53 SELL
1 SELL ON STRENGTH
4 SPECULATIVE BUY
8 STRONG BUY
401 TOP PICK
15 VAGUE
75 WAIT
57 WATCH
71 WEAK BUY
2 Unspecified
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All opinions for A Commentary (10683)

677 BUY
49 BUY on WEAKNESS
3059 COMMENT
687 DON'T BUY
132 HOLD
5159 N/A
10 PARTIAL BUY
7 PARTIAL SELL
216 PAST TOP PICK
53 SELL
1 SELL ON STRENGTH
4 SPECULATIVE BUY
8 STRONG BUY
401 TOP PICK
15 VAGUE
75 WAIT
57 WATCH
71 WEAK BUY
2 Unspecified
View All

More experts covering A Commentary

SAVE
Add A Commentary to Watch List

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