Stock prices fall down
Oil investors were hoping for much higher prices in 2019 than the mid $50s per barrel, and the energy sector has once again lagged the market significantly this year. Bank of America analyst Doug Leggate recently lowered his oil price forecast for the second half of 2019 from $68 per barrel to $63, Average down refers to a situation in which an investor purchases additional shares as a stock's price falls in an effort to add value to a portfolio. If the price falls, the stock is bought back at the lower price and returned to the broker. The profit equals the sale price minus the purchase price.