Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The company owns an interest in or operates approximately 83,000 miles of pipelines and 150 terminals.
During oil's spiral downward this year, eight month ago Kinder Morgan's founder purchased $25.4 million worth of stock and the CEO Steven Kean purchased of $93,000 worth of stock, something Steven hasn’t done in five years. Now I understand why they did what they did..lets go to the video to find out.
https://www.cnbc.com/2020/11/25/oil-markets-coronavirus-us-crude-stockpiles.html
https://www.fool.com/investing/2020/11/20/3-top-energy-stocks-to-consider-buying-right-now/
https://en.wikipedia.org/wiki/Take-or-pay_contract
MY TRADING METHODOLOGY IN A NUTSHELL BELOW
I’m a supply and demand trader. The premise of supply and demand trading is when the market makes a sharp move up or down the large institutions i.e banks/hedge funds are not able to get their entire trade placed into the market, leaving pending orders to buy or sell at the zone with the expectation the market will return to the zone and the rest of their trading position will be filled.
I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:
Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
Daily Charts (entry time frame) – which represents being on the football field with the player.
4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.
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