Oct
11
Oil
ByWe have just finished the second seasonal period for oil. Although the summer seasonal period is typically weaker than the winter seasonal, oil has produced a good profit. Technically, oil has broken down just as the seasonal period has ended.
If investors have not reduced their weighting in the oil sector, investors should reconsider. The next seasonal period for oil comes soon enough in January/February and provides one more opportunity to make money in the sector.
