This past week, the Model Oil Portfolio declined 0.2%. Since inception at the beginning of June, the stock portion is off 4.8% and the overall portfolio is down 1.2%. The Energy sector is looking for a positive catalyst to get it moving again. Exhibiting its lethargy in full view, the sector hardly reacted to the positive news from OPEC+ that the cartel will continue to curtail production for at least the next nine months. Maybe if the USA and China resolve their trade/tariffs dispute, that will provide the necessary catalyst to generate investor interest and improve the sector’s performance.
You can access this week’s Model Oil Portfolio and check out the holdings by clicking here … … ModelOil070519
