Post by
lovehockey on Sep 02, 2020 11:00am
EIA- Crude draw @9.362 for the week.
And what happens to ATH? 80 (NBF) sells 500 shares to 009 (BMO) to trigger 0.175 price.
Comment by
fellowship on Sep 02, 2020 11:07am
You need to look at big picture. CL sunk. Bulls are asking why ??
Comment by
lovehockey on Sep 02, 2020 11:15am
I don't know why but I don't even pay to fluctuations like that. They happen every week so the inventory numbers should be more important.
Comment by
fellowship on Sep 02, 2020 11:19am
They should be important for oil stocks but hurricane season and election is approaching with SPR inventory being used.
Comment by
lovehockey on Sep 02, 2020 11:28am
Ok, I get that. True in general, but the way ATH is trading these days is when CL goes up ATH never goes up. This is a particular pattern that forces to stay ATH where it is no matter what unless there is a big volume buyer.