Thursday, September 2, 2021

An Energy Play After My Terrifying Encounter With Hurricane Ida

The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation?

An Energy Play After My Terrifying Encounter With Hurricane Ida

September 02, 2021

Well, I had an interesting Wednesday... I wanted to give you a free energy trade after the hurricane, but I wasn't able to for reasons well beyond my control.


The remnants of Hurricane Ida paid an unwelcome visit to the Washington D.C./Baltimore area. In fact, the storm — which morphed into a tornado here — nearly paid me a house call.


The stretch of road it ran through is not even an eighth of a mile from my house.


I grew up in a state that went around a century without a sizable tornado — West Virginia — so I'm not used to that kind of thing. It's honestly pretty scary to me...


I can't even imagine what it must have been like to ride out the storm in Louisiana where Ida made landfall, but a lot of people did just that.


And now that damage reports and data are coming in, we're starting to get an overall picture of what to expect for a while. Which has led me to a solid energy trade after Hurricane Ida's visit.

My Terrifying, Tornadic Encounter

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7 Energy Stocks to Watch as Hurricane Ida Fades and OPEC Meets

August 31, 2021

Welcome to your Fortune Research Weekly Watchlist, where I will give you some key stocks to watch every week… just for being a reader!

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