Hello Share People. That big dilemma is still with us. If you’d aped me and swapped your shares for cash in the Spring, you made the right call. But you need to be in it to win it. And there’s no point in staying in cash if the big share rally is starting. And we all know it will, eventually. But what should we do right now.
Hello Share Carriers. Oil jumbo Shell (SHEL) remains one of the few shares still left in my bag after a dash to cash a month or so ago. That’s because the bubbly oil price can only translate into bigger profits for the black stuff boys. Net profit for the third quarter was 26% higher than last time at $11.5 billion, thanks to those chirpy oil prices and post Covid demand.
Hello Shares Fans. Let’s take the opportunity, with markets closed, to review the situation surrounding the oil price and our opportunities to make money with the big, and not so big, oilers. In the last few days of trading, shares in Shell (SHEL), BP (BP.) and the like dropped. But the reason is lightweight and temporary.
Hello Share Munchers. If you’d followed my suggestion to buy Shell (SHEL) shares, over the last six months you would be up by more than 40%. But of course I cannot claim too much credit for this boost as the likelihood that the share price would soar was pretty obvious on record oil prices. But is Shell still worth buying now?
Hello Share Gatherers. Like many smarter investors, I tend to take the targets of big banks and brokers with a pinch of salt. But occasionally when they come together in their findings, I look a bit harder. And in the case of Shell (SHEL) the analysts certainly agree with each other. They all seem jolly enthusiastic.
Hello Share Swashers. As I write, the price of Brent crude is $112 a barrel. The highest price ever I recall was about $158 and that was 2008. So there’s certainly room for the price to become loftier yet.
