2 Energy Stocks to Buy on the Dip: ETE and MMP
The sharp rebound seen in the second half of October wasn’t enough to keep the bulls at bay during the month of November. Buyers remain in control on Wall Street as evidenced by the continued ascent among major equity benchmarks; the key tailwind here has been supportive central bank policies. Now that the ECB and the People’s Bank of China have joined the Bank of Japan in promoting economic growth through loose monetary policy, investors can rest assured that policymakers are likely to provide additional support as needed [for more commodity futures news and analysis subscribe to our free newsletter].
2 Energy Stocks to Buy on the Dip: NOV, ETE
The bears have finally arrived on Wall Street. Much to the bulls’ frustration, selling pressures have managed to return with full force amid all-time highs for major equity indexes. Growing fears of an earlier-than-expected rate hike on the home front has prompted a market-wide sell off that doesn’t appear to be over just quite yet [for more commodity futures news and analysis subscribe to our free newsletter].