Tuesday, April 4, 2017

HAL Looks Interesting Here






Bottom Line: We're still very skeptical about the market here. We put on hedges against our long exposure yesterday. Should we see positive developments out of OPEC about extending production caps then the current uptrend in oil prices and rig counts should continue. HAL is a direct beneficiary of this trend. This could offer a good trading opportunity. 

Joseph S. Kalinowski, CFA

Email: joe@squaredconcept.net
Twitter: @jskalinowski
Facebook: https://www.facebook.com/JoeKalinowskiCFA/
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