5 Reasons Energy Stocks and Oil Prices May Go Down or Up? by: George Mentz, JD MBA
5 Reasons Oil and Energy Stocks will go Down.
- If the Economy gets worse in the USA, Oil will get cheaper due to lack of demand.
- Technology in Drilling – Ability to pinpoint and hit the target.
- Telecommuters to work & telecommuters for College/ School
- Fuel Efficiency Improvements Since the Nixon Era
- Saudi Arabia and other producers including IRAN may flood the market
5 Reasons Oil and Energy Stocks will go up.
- Expanding Technology and gadgets require electricity
- Demographics and size of population require more oil. India, Africa and Asia have several billion people under 40 years old.
- More people are buying cars and cycles in China, India, Africa and Indonesia/Malaysia
- The unpredictability of the natural climate and the pollution flux will force more people to use filtered cooling and heat for homes.
- If Oil Wells are capped and people are laid off, supply will be reduced in the near term causing prices to go up.
Energy ETF Related Stock Symbols for Your Review
- Energy Select Sector SPDR (ETF) (NYSEARCA:XLE)
- Vanguard Energy ETF (NYSEARCA:VDE)
- iShares S&P Global Energy Sector (ETF) (NYSEARCA:IXC)
- iShares Dow Jones US Oil Equip. (ETF) (NYSEARCA:IEZ)
- 3X Bull Energy, Direxion Shares Exchange Traded Fund Trust (NYSEARCA:ERX)
- 3X Bear Energy Fund, Direxion Shares Exchange Traded Fund Trust (NYSEARCA:ERY)
* Prof. Dr.Jur. George S. Mentz is the first person in the United States to be multi credentialed as a Lawyer, MBA, Qualified Financial Planner, Chartered Management Consultant, Certified Financial Consultant. Mentz is an award winning speaker/professor and has been a published author for top literary houses including: National Underwriter ALM, O-Books, John Hunt Publishing United Kingdom, Dice.com, ThinkAdvisor.com, eFinancialCareers.com, and has served a Brain Trust member. Mentz is available to speak at conference on inspiration, productivity and wealth management sales techniques. www.GMentz.com
Mentz is the author the new success book released this January, Quantum Bliss.
Quantum Bliss: The Quantum Mechanics of Happiness, Abundance, and Health by George S. Mentz Link: http://amzn.com/1785352032