Report Navigation Welcoming Comments 1. Stock Market Overview Orderly Correction Underway – So Far. 2. Energy Market Update Why We See US$90/b in Q4/23. 3. Company Lists Covered Companies & Valuation Analysis. Company Links. 4. Action Alert Lists Action Alert Performance Reports, & Action Sell Lists. 5. Disclosure List SERSI & Family/Staff Ownership Disclosure. Welcoming […]
Schachter Energy Report: June 29, 2023 Read More »
Previous Index Next Stock Market Overview Orderly Correction Underway – So Far. Overall market enthusiasm is quite high but can move quickly to fear. The CNN Fear & Greed Index is now at 80 (Chart #2) and in a difficult market can easily move to below 20. One year ago, when the Dow had a
SER: June 29, 2023 – 1. Stock Market Overview Read More »
Previous Index Next Energy Market Update Why we see US$90/b in Q4/23. Crude consumption in 2022 was 100 Mb/d and global supplies were 101 Mb/d so the excess supply (Chart #6) dampened prices. We were cautious last year and into March 2023 due to global inventories rising as demand was sluggish and supply was in
SER: June 29, 2023 – 2. Energy Market Update Read More »
Previous Index Next Coverage list Energy & Energy service companies • price as of June 23, 2023 *Disclosure: Ownership by JIS or immediate family memberNo new positions either Buy or Sell can be undertaken by anyone at SER until 5 days after an Action Alert has been sent out Valuation List Energy & Energy service
SER: June 29, 2023 – 3. Coverage & Valuation Lists Read More »
Previous Index Next Performance Review You can always find the most recent Action BUY List under Reports. Reminder We are long-term value investors and our intent is on helping individual investors create the best possible energy portfolios now while conditions are volatile. We recommend taking advantage of stocks when they are at low-risk entry points
SER: June 29, 2023 – 4. Action Alert Lists Read More »
Previous Index Next Josef’s Notes Recent action or company discussion We currently hold nine positions and have added to some of our holdings during periods of market weakness.We expect to add to currently owned positions over time, to BUY other ideas on our current Action BUY List and add new positions after we send out
SER: June 29, 2023 – 5. Ownership Disclosure List Read More »
Energy Stocks Retreat As Crude Falls Below US$70/b. Great Buying Opportunity Imminent. Global Economic, Political & Military Update While the US took a ‘pause’ or a ‘skip’ on interest rates last week, other parts of the world continue to raise interest rates to rein in inflation. Today the Bank of England raised rates by 50
Eye on Energy: June 22 Read More »
Report Navigation Welcoming Comments 1. Stock Market Overview Love Affair with AI. 2. Energy Market Update OPEC and Energy Demand. 3. 2022 AGM Schedule Virtual / Live – By Date. 4. Quarterly Reports Review of Last Company Reporting Q1/23 Results. 5. Interim Company Updates Timely Investment Idea – Touchstone Exploration. 6. Company Lists Covered Companies
Schachter Energy Report: June 15, 2023 Read More »
Previous Index Next Stock Market Overview Market Love Affair with AI. The market love affair with anything AI has lifted the favourite stocks in the area by 50% or more since early May. NVIDIA (NVDA – NASDAQ) is up 54% (US$272 to US$419 per share) and AMD (AMD-N) is up 62% (US$81 to US$131 per
SER: June 15, 2023 – 1. Stock Market Overview Read More »
Previous Index Next Energy Market Update OPEC Does Not Have a Great Track Record of Meeting Announced Production Cuts. OPEC, or more accurately the Saudi Energy Minister, was once again successful in shafting the commodity and hedge funds’ short crude oil price with a US$8/b rise from US$67.03/b to US$75.06/b two weeks ago. The Minister
SER: June 15, 2023 – 2. Energy Market Update Read More »
