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InvestTalk

InvestTalk 2-12-2024 – Have Oil Prices Peaked Yet?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 13 February 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

One trader argues that people "overly" fixate on "downside risks" around China and the US supply, ignoring potential demand upside.

(Signs of weakness in China’s economy are fueling worries about oil demand.)

 

Today's Stocks & Topics: BG - Bunge Global S.A., CCJ - Cameco Corp., Canadian Oil, PENN - PENN Entertainment Inc., MCRI - Monarch Casino & Resort Inc., RIG - Transocean Ltd., Market Evaluation, CVS - CVS Health Corp., Investors and The Election.



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Transcript

Click on a timestamp to play from that location

0:14.1

At a time when investors are confronted with market volatility and a variety of challenges fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures.

0:18.6

Justin Klein and Steve Peasley, stand ready

0:21.5

to take your finance and investment questions and share their unbiased answers.

0:27.0

This is Invest Talk, independent thinking, shared success. Invest Talk is made possible by KPP Financial,

0:35.0

a registered investment advisor firm, serving clients throughout the United States.

0:40.0

The clarity for your path forward starts now.

0:45.0

Here is KPP Chief Executive Officer, Financial Advisor Justin Klein.

0:52.0

Good afternoon fellow investors and welcome back to Invest Talk.

0:57.0

This is our Monday, February 12, 2024 edition.

1:01.0

Thank you all for being here. Hope everyone had a wonderful time yesterday

1:06.4

watching the Super Bowl. I'm sure a lot of you did since most of America does. And great game and I know myself I don't have a dog in the fight but it's always good to see a good exciting interesting to unpack at some point early in today's hour, but the whole hour is dedicated more towards

1:37.8

you and your questions.

1:41.1

And we play those questions and we give you our unbiased perspective developed with over 20 plus years of

1:46.8

investment experience and loss of data, hopefully actionable data for you to help make better decisions with your money.

1:56.3

So we're gonna talk about the market performance today

1:58.0

and run down show topics,

1:59.6

but as usual, we're gonna hit our first caller question now.

2:03.0

Hey guys, looking at Bunch Global today, B.G.

2:08.0

Maybe it's Bungi. Not sure how you pronounce it.

2:11.0

It's a large food products agricultural company.

2:16.4

Looks like a good company wondering what you think. Wondering if this is a good time to buy.

2:21.3

Listen on the podcast and appreciate all you guys do for us. Thank you.

...

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