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Sunday, May 29, 2011

Energy Bull & The Momentum's Against You

I'm an energy bull, no two ways about it.
It's not difficult to see why...
You just need to look at this:






That's it.
If you want to make safe, long-term profits in the market for the next forty years, invest in energy of all kinds.
Here's a list of energy ETFs to get you started:
· Oil Services (NYSE: OIH)
· Ultra Crude Oil (NYSE: UCO)
· Global Nuclear Energy (NASDAQ: NUCL)
· Cleantech (NYSE: PZD)
If you're 30 years away from retirement, you should be all set. If you're not — or if you want to do more than buy and wait — listen up...
The Momentum's Against You
While long-term population and energy demand trends will yield unavoidable profits in the market, short-term scenarios aren't as cut and dry.
Political debate continues to swirl around various types of energy technologies.
The dollar ship continues to sink while the Fed adds holes to the hull.
Public debt in Europe and the EU continues to mount, putting pressure on both pension funds and traditional safe havens like bonds.
The middle class continues to erode.
Staying above water can be difficult enough in this environment, let alone trying to turn a respectable profit...
A study out this week from the National Bureau of Economic Research showed 50% of Americans would struggle to come up with $2,000 in a pinch.