Where the Money Is 09.25.2014
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 25 September 2014
⏱️ 13 minutes
🧾️ Download transcript
Summary
WTMI explores the pressing energy issues of the week and offers insights on investing in today's energy world.
Transcript
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| 0:00.0 | It's last home game and your iPhone bends. But that doesn't matter folks because this is where the money is. |
| 0:07.0 | Energy Edition, so what is sports and technology matter, right? |
| 0:13.0 | Yeah, exactly. |
| 0:14.0 | Who cares? |
| 0:15.0 | Energy is the only thing that matters. |
| 0:16.0 | Yeah, all we care about is flexible, oil and natural gas pipelines. |
| 0:19.0 | Sounds good to me. |
| 0:20.0 | All right. |
| 0:21.0 | Starting off, there's been some recent volatility to start off September, especially for the oil and gas companies. |
| 0:26.0 | You look at the Dow as yesterday's close, up 0.65%, not too shabby, but then you look at the energy sector. I'm going to go with |
| 0:35.4 | ETF so we can kind of get a broad generalization here. Their energy select |
| 0:39.6 | ETF from Spider down 6.5% this month so far. |
| 0:43.4 | Then you look a little bit deeper oil and gas |
| 0:45.2 | services companies, Hammer 9.5% and EMP is down 10%. |
| 0:49.8 | So not a very good month for energy, unfortunately, that's a little bit of my portfolio since |
| 0:55.8 | I cover it. |
| 0:58.0 | But you know, what gives? |
| 0:59.6 | So we're looking at oil prices the lowest since July of last year. We're looking at |
| 1:04.1 | OPEC lowering expectations of future demand mainly to do to China. |
| 1:07.4 | Pluniful supply thanks to us. And then even with Russia and ISIS oil stocks still aren't having that traditional |
| 1:14.8 | volatility that you see with Middle East disruption. |
| 1:17.6 | And with Russia, we didn't even see any price spikes a couple months ago. |
... |
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