TSX:ERF - Post Discussion
Post by
retiredcf on Mar 22, 2022 6:32am
Technical Analysis for Oil
Two links; first stock in the top picks. GLTA
https://www.bnnbloomberg.ca/video/brooke-thackray-discusses-wti-oil~2406429
https://www.bnnbloomberg.ca/video/brooke-thackray-s-top-picks~2406463
COMMENT
A Comment -- General Comments From an Expert(A Commentary)
20/03/2022 at 08:00pm
In response to a question on oil and gas stocks, the trend is they do well between late February and early May. But it has a seasonal tailwind so the upside could continue. Look at your parameters when buying and consider early May as a point to exit.
Brooke Thackray
IShares S&P/TSX Capped Energy Index ETF (XEG - TSX) The energy sector is typically strong from late February until early May. The Canadian energy sector has performed particularly well since the beginning of the year. The Russia-Ukraine war has put additional upward pressure on the price of oil. Investors should expect the price of oil and the energy sector to be volatile depending on the Russia-Ukraine war developments. TOP PICK
iUnits S&P/TSX Capped Energy ETF(XEG-T)
20/03/2022 at 08:00pm
This is for exposure to the Canadian energy sector which is in a better spot than the U.S. sector. Energy has done really well and has more to go, being in a strong seasonal period. April is a very good month for energy.
E.T.F.
Brooke Thackray
$14.410
No
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