Tag Archives: Oil

Technology Wonder Travels – Friday

Posted on June 10, 2016 by | Leave a comment

Sitting in an airport, several hours early (yaya – nerd planner) mid week, the technological wonders smacked me over the head:20160608_134745191_iOS

  • To my right a gentleman closes a contract for some type of weapons (lots of bullet talk)
  • Directly in front a woman runs her office computer and checks in
  • On the left, a gentleman runs a conference call with a bunch of folks on it- very productive
  • To my back, multiple kids on their device, and a mom face timing her family too- amazing
  • For me- other than a tad bit of slower connection via the tethered phone (spoiled by office speed) virtually present in the office

Everyone completely productive and in touch — not possible 10 years ago… AMAZING!

Interestingly, 10 laptops and only one tablet…. definitely a working group again – mid week!

Friday

After two heavy articles this week … How about a light Friday ?

Next week OIL talk!!!

But that is next week … enjoy your weekend!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

Leave a comment

Posted in Investing/Financial Planning, John Kvale, Personal

Tagged , , ,

Oil and Energy? Factset Estimates

Posted on May 4, 2016 by | Leave a comment

No doubt energy has been left for dead.

Why hold energy investments as the world crashed around them?

There will be more pain…BUT

Three charts from Factset, an accumulator of estimates and reports:

Energy certainly has the lead in earnings surprises …

4-29-16 Sector level surpises

Wow…..

Of course it is not all peaches and cream … THIS year’s estimates:

4-29-16 2016 Growth Estimates

Next Year’s Estimates …

4-29-16 2017 Growth Estimates

Wow….did we say wow !

What if they are only 50% correct ? Of course coded forecast !

Never go “All in or All out!”

Have a great day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

Leave a comment

Posted in Forecast, Investing/Financial Planning, Market Comments

Tagged , , , ,

Black Gold – Oil Update …

Posted on March 21, 2016 by | Leave a comment

Left for dead, just a few weeks ago… Goldman Sachs said

 It’s too late for OPEC to save oil

Update

Here is the latest rig count via Baker Hughes/Business Insider.

3-2016 Baker Huges Rig Count.png

So if there is less drilling …. What does that do to prices ?

3-20-16 Crude Spot

It is of course a volatile market, but frequently the giant headline calls… are just that, calls … and not real!

It will cost more to fill up our cars…a small price to pay !

Have a great day !

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

 

 

 

 

 

 

 

 

 

 

Leave a comment

Posted in Investing/Financial Planning, Market Comments

Tagged , ,

T. Boone Pickens “Taps Out”

Posted on November 23, 2015 by | Leave a comment

We just could not resist — Hopefully T. Boone does not read this post !

After calling for $100 oil by end of the year – then revised to $70, recently on Bloomberg TV, he stated he is out of the Oil trade!

T. Boone Taps Out

T. Boone Taps out

Looks like to me the tall guy holding the leg is oil — T. Boone, is of course the one Tapping Out! YIKES!!!

Never go “All In” or “All Out”!

Love those aggressive forecasts !! We are watching !

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225


 

Leave a comment

Posted in Forecast, Investing/Financial Planning, Market Comments

Tagged , , ,

20th Annual Party RSVP Reminder – Another Oil Forecast –

Posted on November 13, 2015 by | Leave a comment

Its a Party, Party Party !

2015 Holiday Boarding Pass

20th Annual Party RSVP Reminder

On Sunday, November 22, 2015 at 2 pm we celebrate our 20th Annual Holiday Party at the Frontiers of Flight Museum at Love Field.

Please RSVP to Cathy at cathy@jkfinancialinc.com if you have not yet, we are tallying our final headcount for the caterers —

We look forward to seeing all of you there!

Gary Shilling Oil Forecast

Yesterday, Gary Shilling boldly claimed he doubled his shorts on Oil and that his target price is $20/barrel — Remember Gary, we are now following bold forecasts thanks to our Forecast Category — we will be reviewing in the future!

Have a Happy Friday !

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225


 

 

 

Leave a comment

Posted in Forecast, Investing/Financial Planning

Tagged , , ,

Travels next week — Q4 2014 Newsletter Video Review

Posted on October 9, 2015 by | Leave a comment

Most of next week I will be traveling to a water surrounded state for business. Tethered heavily with technology via planes and automobile as well as great coverage back home, we will not miss a beat.

The Newsletter is out – actually on its way to you now. If you do not have time to read the Newsletter or prefer my personal thoughts, take a look – well listen.

Click here for digital Newsletter!

Q 4 2014 Newsletter Video Review

 

 

Enjoy your Friday !

Have a Great Day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225


 

Leave a comment

Posted in Investing/Financial Planning, Newsletters, Video

Tagged , , , , ,

Energy and Oil …. Friend or Foe?

Posted on July 8, 2015 by | Leave a comment

This article, originally scheduled for the Q 3 Newsletter, accidentally hit the cutting room floor.  Here is an abbreviated version, with the full article to come in the Next Newsletter.

Energy our Lowered Price Friend

Airlines, heavy energy-consuming companies and summer vacationers are all cheering the lower price of oil, which tumbled dramatically in the fall of 2014. Lower energy prices act as a wage increase for most as in some way a lowered price of energy helps as a “consumer.”

As an Investor or worker in the Oil and Energy field, more of a Foe

As mentioned at the end of our Earnings Article in our Q3 Newsletter, energy has made up a great deal of the drop in earnings for the entire market as a whole. Just as vertical drilling and the various Shoal plays came on-line strong, the price as dropped like a rock.

This from FactSet: EPS estimates for 2015 — Energy is the far right diving down!

6-26-15 EPS Growth 2015 by Sector

Energy and Oil Related, Friend Again

So as a consumer we are happy, but greatly overshadowed if we invest, work or have any related dealings with the energy area.

Hold on, not all is lost—

FactSet 2016 Expectations

6-26-15 Factset EPS Growth 2016 by sector

Yep…that’s Energy expectations roaring back next year.

Never go “all in” or “all out” !

Have a great day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

JK Street Cents Logo

 

Leave a comment

Posted in Earnings, Earnings Season, Investing/Financial Planning, Market Comments

Tagged , , , ,

December 2014 End of the Year Financial Planning Tip, Capital Market and Economic Review (Video)

Posted on January 5, 2015 by | 1 comment

Welcome to our monthly Economic, Capital Market, and Financial Planning tip of the month.

This months Financial Planning Tip of the month, may help you earn extra dollars this coming year!

For those new to our writings, we touch on the most pertinent Financial “stuff” along with a video of my mug that has even more specialized details of the latest month as well as this post.

Ok…let’s go!

VIDEO

You Tube Direct Link   or   Vimeo Direct Link

 

Another Financial Planning Tip: Spread retirement contributions Evenly

 

Spread Evenly Spread Even

Due to control of investment options (not great) and regular contributions (that’s your dollars) spread your contributions over the year and attempt to max your retirement plan out in December.

By doing this you will lower the worry of less control of your investments AND dollar cost average into your plan throughout the year.

Remember, if it’s a new plan or your contributions are making up the majority of the account, making it a beast (aggressive) may be best.

Oil drops like a lead balloon

This ETF called USO (US Oil) is a reasonable proxy for oil prices. Don’t you think it’s hard to believe the world’s oil prices can change that fast? Of course it is. You never know if they were over priced to begin with (for a LONG time) or if they are overshooting on the downside. Our bet, the latter. We are certainly aware asset classes can stay out of favor for some time.

DJP 12-31-14

Here is another good example of a basket of  commodities (Gold, Silver, Oil, Beef…etc) that we really like and include in portfolios for diversification.  Hmmm …. looks pretty silly holding these as they fall like a rock ?  Buy low!

DJP 12-31-14

Let’s go back to 1-1-14 and see what this same basket looked like. While not always easy to hold, rest assured they don’t always go in just a downward direction.  We trimmed these positions as they weights became too heavy for portfolio allocations. Sell High!

DJP 1-1-14 to Mid Year

 

Thanks for your time and Happy Start to 2015 !

 

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

1 Comment

Posted in Investing/Financial Planning, Market Comments, Video

Tagged , , , , , , ,

Thanks to all !! … Santa Rally ? … TGIF …

Posted on December 12, 2014 by | 3 comments

Thanks to EVERYONE who attended the Holiday Party. What a fantastic group!  Catering to private policy rules, we are trying to figure out how to post a few pictures, without violation … stay tuned … we can of course post of ourselves.2014 Santa JP

Santa Rally ?

From here until mid January marks one of the seasonally strongest times of the year. We have attempted to take advantage of the gift energy prices may be offering. Of course there are no guarantees.

TGIF

Post party we always have a little less zig in our zags.  With Cathy fighting a light illness, Donald getting his feet back under him, I think speaking for the group in saying TGIF is appropriate!

Not to worry … with bells on next week!!!

Enjoy your weekend as the festivities REALLY get going … Be Safe and remember to spend time with those special in your life!

Cheers and Happy Holiday Season!

John A. Kvale CFA, CFP

PS Newsletter is underway … exciting stuff … yaa yaa Nerds!

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

3 Comments

Posted in Investing/Financial Planning, Market Comments

Tagged , ,

OPEC lays the boom on the Oil boom …. Well maybe

Posted on December 10, 2014 by | Leave a comment

With many friends, family, and investments in the energy sector, an interesting event recently occurred. While most Americans were feasting on Turkey, OPEC (Organizations of Petroleum Exporting Countries) announced they would continue pumping oil … even with prices in the 70’s per barrel, already down from the low $100’s.

OPEC continues to pump

We were not surprised by the decision, due to the following reasons:

  • OPEC as a whole is less important and thus fending for themselves a bit
  • Frequently countries continue to pump even as they are not supposed to
  • With less importance for OPEC members, they are more protective of their economy
  • Nice chance to push on levered US producers and maybe gain market share

Wall Street was very surprised, pushing market prices down into the $60’s!

 Good news

This picture from my local station … early AM fill  price/GallonGas Pump Price 12-9-14

While initially there will be pain, in the longer term, there are positives that come from a lower prices

  • As producers cut production supply will go down
  • Lower prices encourage expansive use
  • Cleansing process of less efficient producers (too much easy money leads to reckless behavior … like mounds of debt)
  • Better entry points for long-term investments (never catch the exact bottom)

One last item, we can all consider ourselves given a slight tax cut, possible at a very timely moment as filling up at the pump will leave a few extra greenbacks in our pockets for now. Especially handy as we enter the Holiday Season.

Have a Great Day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

Leave a comment

Posted in Investing/Financial Planning, Market Comments, World Political

Tagged , , , ,