The Federal Reserve finallyhinted that interest rates may be rising faster than initially planned, and that they might have to take it easy on their bond-buying programs. (But it’ll cause long-term rates to trade higher in return.)
This is bearish news for stocks that have negative sensitivity to inflation.
You see, some names tend to benefit from higher rates — like commodity, bank and energy stocks.
So the pullback we’re witnessing — the Dow was down 500 points, give or take, when I filmed this video on Thursday — has created a massive opportunity in energy stocks for July 2021.
And I just so happen to know which ones we should target…
In fact, the U.S. Energy Information Administration predicts that global consumption will top 100 million barrels per day later this year.
Now, the Energy sector surprised us all when it turned in a double-digit year-over-year earnings increase in the first quarter despite having a pretty low expectation because of higher oil and gas prices.
Everyone anticipates it to turn in triple-digit earnings increases this quarter, though, which should increase momentum and upside in these energy stocks for July 2021.
But I haven’t even gotten to the best part yet!
Energy markets trend for extended periods of time… and as I was filming this video, crude oil was hovering around $72 per barrel with a multi-year resistance level just a hair above its current level.
If it breaks out, it could trigger a massive rally and drive the price to $100 per barrel.
So the companies we’ll be talking about in this video are a great way to dip your toes into traditional energy stocks.
Check out my short video below on the best energy stocks for July 2021. And be sure to share your thoughts in the comments section at the bottom of this page if you found today’s video helpful.
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P.S. What if there was a way to simplify trading? What if investors didn’t have to waste time poring over reports, financial documents and analyst opinions?
What if all that could just be tossed out?
Well, I say it can!
That’s mostly because all of those reports no longer matter…
You see, the only thing that does matter is this one simple line, and when a stock crosses that line… profits could soar!