Market Timers Can Bet On An Energy Sector Recovery Cyclical Resource Stocks Must Be Traded, Not Held

Investors with holdings in the Canadian energy sector have lost money on even the safest bets. A global oil glut, partly fueled by increased U.S. energy production, has depressed oil prices around the world. In Canada, where opposition to new pipelines has made it difficult for oil and gas producers to get their products to market, the slump has been especially painful. My old friend Peter, a retired financial advisor who has been an active resource investor since the 1970s, said he was...