After the consumer staples article is posted, I want to write about the energy industry again. I haven't thought of a topic yet. Today, I read in the news that weekly U.S. crude oil production fell from 9.42 to 9.39 million It isn't much compared to the rise in production over the last few years. Here is a quick historical chart of weekly crude oil production and stocks where today's drop isn't big enough to see. The red line is the much publicized issue of rising crude oil stocks.
My outstanding to-do-list in order of priority:
- Finish my article: "Is The Consumer Staples Industry Just Spinning My Wheels?".
- Build the Stock Market Investment Model (tweaking and more backtesting).
- Finish building the Consumer Discretionary Industry Investment Model.
- Investigate why the price estimate of my Energy Industry Investment Model is much lower than the Energy Select Sector SPDR ETF's (XLE) price. I'm looking for evidence to support my hypothesis that dividend investors are propping up energy industry stocks.
- Investigate dot com era, dot com crash, and subsequent recovery effects on both the energy and consumer staples industry investment models.
- Investigate why merchant wholesaler inventory levels affects consumer staples industry stocks. I suspect two reasons: higher merchant wholesaler inventory levels equate to higher profit margins for consumer staples retailers or inventory levels is a result of future sales expectations.
- Write an article about lessons I learned from Mohegan Sun casino.
- Write an article about how to identify stock market tops.
- Build an energy industry database to assist in research and writing
Thank you for reading.