Oil Bloodbath Continues

Today we hit below $34 in the oil futures.

Warning to those thinking about investing in the energy markets right now – we might see prices as low as $28, $29, $30 or $31 before the market officially bottoms. Before we buy, we are waiting for the sentiment in the market to be: “it will never change”. There will be great opportunities in equities in energy stocks, but not right now.

Oil always comes back!

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