QAS Alerts Clients - Intermediate-term outlook for Crude Oil and the Global Energy Sector Improving

 
Feb. 12, 2015 - PRLog -- Kenneth Tower, CEO & Chief Investment Strategist of Quantitative Analysis Service, Inc. (QAS) today announced, our Intermediate-term outlook for Crude Oil and the Global Energy Sector has improved to Stabilizing.

- This is the first meaningful improvement since the decline began in July 2014.
- It appears that an initial low is in place and the profile is now similar to that of January 2009.
- We expect several months of volatile action around these lows before a more sustainable move to the upside is possible.

Brent Crude Oil:

- The profile is similar to that of January 2009 when oil began to bottom.
- This is a fragile improvement. It is very possible for oil to test its January lows. Expected range 64 – 45 (now 57.8).

Energy Sector:

- The MSCI Global, S&P 500, and European Energy Sectors all have similar Weekly profiles and have improved to Stabilizing.
- The profiles are similar to December 2008 when the sectors began to bottom.
- This is a fragile improvement. It is very possible for the sectors to test their January lows (as they did in March 2009). Expected range for MSCI World Energy Sector is        250 – 210 (now 237).
- Stocks within the energy sector with positive rating profiles are now attractive to own.

For more information please contact us at 201-432-7900 or visit us on the web at www.qas-service.com

Contact
Ken Tower
***@qas-service.com
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Tags:Markets, Finanacial, Crude Oil, GLOBAL ENERGY SECTOR
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