Oil and Investing – Insider Trading with Steve Kalayjian

0
844
January 12, 2015 – Stock Broker and Investor Steve Kalayjian offers insights into the price of oil and how it affects the market. Since June oil has declined $61 and today oil hit a low of $46.63 oil and on Friday January 9th, oil closed at $48.18. Steve’s price range has been between $40.00 and $45.00. Based on the projections that Steve has seen he feels early this week we are going to get one more push down in oil. If this is the case, there are three names to buy 1- (PVA) Pennsylvania Virginia at a purchase price at $4.50 and $5.50, (USO) an exchange traded fund, one that mirrors oil and look to purchase at $17.50 and $18.00, (UWTI) it is three times leverage oil Steve will look to purchase at $2.50 and $3.00 a share. There are two factors in oil that indicate a positive rally. The first is the significant oversold condition, the second are the divergences between the commodity of oil and the oil stocks. The stocks are not making new lows as oil did today. For Steve it is a clear sign that we are near or at the bottom. One more push means a huge opportunity for investors to buy these stocks.
Previous articleHow 10 Unexpected Social Media Statistics, Figures And Facts Will Change Your Outlook On Social Media by TopTenSM Staff
Next articleTravis Ostrum & Grant Cardone
Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.