Post by
RichyRich$ on Apr 11, 2019 7:11pm
Fund Managers Starting to do P/T Upgrades in Energy Sector
I think it's a case of the juniors lag behind the mid to larger cap. Because fund managers have a rule to pile on stocks that are over $1.00. But I don't think it's an Oil versus NG thing. All historical energy sector rebounds had both oil heavy and NG heavy stocks rebound hard even if one commodity didn't keep up with the other. But it think what happens when the mid to large cap get very high, they take some money off the table and put some into the junior energy stocks. Many articles are surfacing that the big banks are calling bottom on the energy sector and that the long-only money is just about to enter. Banks are starting to do price target upgrades on mid to large cap and the 200 day moving average about to pass over to the upside. All signs of a longterm trend reversal to uptrend. Hang onto your stocks longterm on this one. We could also get bought out near the LNG Canada Pipeline completion.