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What Brexit? This Tech Microcap Has Zoomed 28% in Five Trading Days
If you want to make money in the face of intense market uncertainty, take special note of stocks that just keep surging – despite the apparent growing risks.
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Kent is an internationally recognized expert in oil and natural gas policy, risk management, emerging market economic development, and market risk assessment.
He serves as an advisor to the highest levels of the U.S., Russian, Kazakh, Bahamian, Iraqi, and Kurdish governments, to the governors of several U.S. states, and to the premiers of two Canadian provinces. He's served as a consultant to private companies, financial institutions and law firms in 25 countries, and has appeared more than 1,400 times as a featured radio-and-television commentator. He appears regularly on ABC, BBC, Bloomberg TV, CBS, CNN, NBC, Russian RTV, and the Fox Business Network.
Kent is also a professor in the Graduate Center for Social and Public Policy at Duquesne University, where he directs the Energy Policy Research Group. A prolific writer and lecturer, his six books, more than 750 professional and market publications, and over 250 private/public sector presentations and workshops have appeared in 44 countries.
He makes specific investment recommendations in his newsletter, the Energy Advantage. For more active investors, he issues shorter-term trades in his Energy Inner Circle. And Kent’s exclusive Micro Energy Trader is a “swing for the fences” service that targets micro-cap energy stocks. Oil & Energy Investor is Kent's e-letter, where he delivers the latest energy news from his travels around the world in his role as a consultant for major companies and governments.
Earlier this spring, I talked about the importance of a stable oil pricing "floor," saying it was even more important than any gains crude might make in the meantime.
That's because establishing a floor, a price oil won't dip below, is what actually generates profit opportunities – for everyone from Exxon Mobil and Shell to investors like you.
Now, OPEC's failure yesterday in Vienna to reach an output deal sent oil sliding again, despite around three weeks of solid gains. But later in the day, news that U.S. crude stockpiles dipped below 1.4 million barrels sent prices back up into the green for the day.
So oil is essentially treading water now. Naturally, the airwaves filled with fretting pundits, all mourning crude's inability to stay above $50, an arbitrary "ceiling" predicated more on psychology (and undeclared short positions) than any market reality.
So, let them cry into their studio mics. We're much better off ignoring them – they're looking literally in the wrong direction.