Tag Archives: NYSE:ENB

Energy Stocks: Is It Too Late to Get in?

Energy stocks have rallied lately thanks to the Russia-Ukraine war and the consequent increased uncertainty in the global oil supply. According to what I heard on the news, Russia supplies about 15% of the world’s oil.

oil refinery

Anyone who invested in energy stocks, especially oil and gas producers, are probably sitting in the green. The war between the two countries aren’t likely to resolve soon. So, in the near term, energy stocks could probably go higher. However, the best time to buy any stocks is when no one wanted them.

WCP Total Return Level Chart

Sample of energy stock Total Return Level data by YCharts

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Stock Market is High: Time to Stop Buying Stocks?

The stock market is trading near its all-time high. Morningstar revealed that of the 682 U.S. stocks that its equity analysts cover, “only 5(!) have 5 stars, while 83 receive a single star.”

For those who are not familiar with Morningstar’s star system, 5 stars represent super undervalued while 1 star represents super overvalued. 

The Volatility Index, the “Fear Gauge” or “Fear Index” is a 30-day forward-looking measure of the volatility of the market. The lower the VIX is at, the less fear or more complacent the market is and vice versa. The Volatility Index also suggests there’s little fear in the stock market right now. 

Source: Stockcharts – Volatility Index

Although Morningstar covers less than 20% of the stocks on the U.S. market, its coverage includes many prominent names across different industries.

Should investors stop buying stocks in a high market? As the stock market has ascended to new heights, it has become more difficult to find value, but they do exist if you look for it.

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Stock Market Crash: Wait or Buy Stocks Now?

The U.S. and Canadian stock markets made a lower high earlier this month. That’s a bearish indicator. Another stock market crash may just be around the corner. 

Source: Stockcharts with author annotation. Canadian stock market made a lower high in June 2020. The U.S. stock market’s chart is simila
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