nice calls.
10/24/2005 08:29 Goldman believes the pull-back in energy sector is only temporary
Goldman Sachs says that despite a 15% pull-back quarter-to-date, Energy remains the top performing sector in the S&P 500 with a 21% YTD return vs. a 2% decline for the market. Firm believes the pull-back is only temporary. Much of the demand decline is likely involuntary, stemming from a scarcity of inventories. Even if low demand persists, major refinery and production shut-ins should keep markets tight, prices high, and corporate profits flush.
10/21/2005 08:35 Base Metals: Higher China growth forecast and supply disruptions to extend the metals cycle - Goldman
3/31/2005 08:42 "Super spike" period may be upon us - Goldman Sachs
Goldman Sachs believes that oil markets may have entered the early stages of a "super spike" period -- a multi-year trading band of oil prices high enough to meaningfully reduce energy consumption, and recreate a spare capacity cushion only after which will lower energy prices return. Firm says resilient demand has caused them to revise up their super-spike range to $50-$105 per bbl from $50-$80 per bbl, and they see as much as 80% total return upside to super spike-adjusted peak values, and are comfortable recommending that investors add to positions in the sector. Top picks remain XOM, AHC, BBG, DVN, ECA MUR, NFX, PXD, PCO, STR, and SU.
10/24/2005 08:29 Goldman believes the pull-back in energy sector is only temporary
Goldman Sachs says that despite a 15% pull-back quarter-to-date, Energy remains the top performing sector in the S&P 500 with a 21% YTD return vs. a 2% decline for the market. Firm believes the pull-back is only temporary. Much of the demand decline is likely involuntary, stemming from a scarcity of inventories. Even if low demand persists, major refinery and production shut-ins should keep markets tight, prices high, and corporate profits flush.
10/21/2005 08:35 Base Metals: Higher China growth forecast and supply disruptions to extend the metals cycle - Goldman
3/31/2005 08:42 "Super spike" period may be upon us - Goldman Sachs
Goldman Sachs believes that oil markets may have entered the early stages of a "super spike" period -- a multi-year trading band of oil prices high enough to meaningfully reduce energy consumption, and recreate a spare capacity cushion only after which will lower energy prices return. Firm says resilient demand has caused them to revise up their super-spike range to $50-$105 per bbl from $50-$80 per bbl, and they see as much as 80% total return upside to super spike-adjusted peak values, and are comfortable recommending that investors add to positions in the sector. Top picks remain XOM, AHC, BBG, DVN, ECA MUR, NFX, PXD, PCO, STR, and SU.
