Energy Updates Jan 2025

$Energy Select Sector SPDR Fund(XLE)$  


XLE/SPY- energy stocks are trying to reverse the downtrend ( to me a giant bullflag ) against SP500.

The recent Russia sanctions from Biden and the likely Iran sanctions from Trump, should also give oil prices a good price range of $75~$85 per barrel.


Oil tankers are on fire ‌‌$FRONTLINE PLC(FRO)$  ‌‌$COSCO SHIP ENGY(01138)$  ‌‌‌pullbacks are for adding. ( i will be posting when they retrace )

What have not took off are offshore drilling, which has been in a bear market for various reasons for a while. Trump has signal he will reversal the offshore dirilling restriction that Biden placed. ‌$Valaris Ltd(VAL)$  ‌‌$Tidewater(TDW)$  



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  • JackPowell
    ·01-17
    Love the insights! Keep it coming! [Heart]
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  • Tigerous
    ·01-17
    Thx. pls post when we can enter long position
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