Oil – and energy stocks – tumbled in the wake of escalating trade tensions between the U.S. and China – and the fundamental outlook for crude may not provide much reason for optimism, with one analyst cited in today’s article declaring that, with all things pointing to oversupply in the market, “I think there’s really nothing I can look at except maybe a calamity in the Persian Gulf that would drive oil up.” Against this backdrop, one market expert is “suggesting an unconventional way to play the oil and energy space.” For more, CLICK HERE.
Crude Oil
These 2 Stocks Gained More Than 100% Last Month. Will Their Surge Continue?
From encouraging economic data, to the post-election “Trump rally”, to OPEC agreeing to cut its crude production on the last day of the month, a number of factors came together in November to create new highs and big gains for major U.S. benchmarks. After providing an overview of the November rally, today’s article takes a look at two stocks that gained more than 100% last month – Health Insurance Innovations and Heat Biologics – in order to identify the reasons behind their respective surges and – more importantly – to determine whether their remarkable performance will continue in the near-term. To read more, CLICK HERE.