Young Research & Publishing Inc.

Investment Research Since 1978

  • About Us
    • Contributors
    • Archives
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investing Analysis
    • The Efficient Frontier
    • Bonds
    • Commodities
    • Currencies and Gold
    • Dividend Investing
    • Economy
    • ETFs & Funds
    • Investment Strategy
    • Real Estate
    • Retirement Investing
    • Stocks
    • Taxes
    • Facebook
  • Money Management
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup

Are We Still Early in the Oil-Stock Rally?

December 2, 2016 By Dick Young

Here MarketWatch offers a timely look at the brightening oil-stock scene. Among the 36 energy stocks in the benchmark S&P 500 Index, 16 were up at least 10% on Wednesday.

So now the question is, how much higher can they go?

With OPEC’s action, a revised 3.2% GDP growth rate for the U.S. economy in the third quarter and an ADP report showing 216,000 net jobs added during November, a roaring economy could provide strong support for higher oil prices.

The potential for another $10 increase in the price of oil, along with all the positive economic indicators, should prompt analysts to raise earnings estimates and price targets for oil companies. After all, during periods of market turmoil, analysts try to “get ahead” of the wave. So we may still be in an early period for the oil-stock rally.

In our free weekly email and at Richard C. Young & Co. Ltd. (sign up for the advisory client letter, free even for non-clients, by clicking here), the entire energy sector receives special focus for retirement planning investors.

The following two tabs change content below.
  • Bio
  • Latest Posts

Dick Young

Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.

Latest posts by Dick Young (see all)

  • What Are You Getting Paid? - February 15, 2019
  • When You Get OLD, Things Have to Be RIGHT - February 13, 2019
  • Build Your Investment Strategy for the Field of Play - February 8, 2019

Related Posts

Our Most Popular Posts

  • Do You Have What it Takes to be a Great One?
  • The Power of a Compound Interest Table
  • What Are You Getting Paid?
  • Can You Rely on Income Funds?
  • Surprise: Battery Powered Cars Don't Work Well in Extreme Temperatures
  • Democrats Sign on for $1.5 Trillion Tax Hike
  • What Do You Need to Do Before You Retire?
  • Your Retirement Life: What States Did Americans Flee in 2018? Where Did They Go?
  • Is Your State Winning or Losing the Tax Game?
Fidelity: #1 Online Broker

The Global Bear Market

American Factories Booming

Is This Just the Beginning of the FAANG Collapse?

My Concentration Is on Full Faith & Credit Pledge U.S. Treasuries

This is What Can Happen When You Invest Without a Margin of Safety?

Search Young Research

RSS The Latest at Richardcyoung.com

  • A Prison Sentence for Former FBI Deputy Director Andrew McCabe?
  • Bernie Sanders Plan? Redistribution, not Retirement Savings
  • Americans Want to Leave Their High Tax States
  • Will Trump Reject the Neocon Case for Involvement in Iraq?
  • Welcome Back Glorious Hotel Lutetia in Paris
  • National Right to Work Could Help States That Can’t Help Themselves
  • A Widening Ideological Gulf
  • Is Crazy Bernie Radical Enough for Today’s Democrats?
  • RIP Karl Lagerfeld
  • Democracy: The Most Dangerous and Insidious Effect of Majority Rule.

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Social Media

  • Facebook
  • Twitter
  • Youtube
  • Pinterest

Copyright © 2019 | Terms & Conditions