How to Profit from the "Great Oil Turnaround" of 2016

We've been able to make energy profits during the oil bear because I'm tracking opportunities outside of petroleum. One of my favorite alternative "oil-killer" energy plays, for instance, is up 45% since I recommended it. The global energy balance is simply shifting to favor these alternative energy sources. But oil is still vitally important, and I'm pleased to report that it's going to be a bigger source of profits moving forward... You see, towards the end of February, we saw signs that oil is about to turn the corner, with oil prices shooting up 8.5% in a single week. While they later fell a bit, showing that volatility is still the name of the game, make no mistake... A sustained rise in oil prices is coming. To prepare for this trend, I've put together a plan for us to profit. I'm tracking several companies across four different categories, but this one strategy will get you perfectly positioned to capture the biggest possible profits from the coming end of oil's decline. In a moment, you'll see exactly how this plan will work. But first, here's what's changed to allow for this turnaround in oil prices... Tags: how to profit , Oil , oil price , Oil Prices , oil prices 2016 , price of oil To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How to Profit from the "Great Oil Turnaround" of 2016 appeared first on Money Morning - We Make Investing Profitable .
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