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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > I'll hold oil stocks until its time to flee them.
View:
Post by Snowballer on May 24, 2022 8:13pm

I'll hold oil stocks until its time to flee them.

Cnd oil stocks are going to ROCKET. But...

China panic only getting started.  Some have forgotten about the implosion of its real estate development industry and pair this with their lockdown policy and dwindling economy, where China goes so does the rest of the world.  US is outpacing China on growth for the first time since 1976 and the US is actually slowing lol.  Just the beginning of the Crash but it will still take time, but maybe not much lol. China in QE while US in QT.

S&P measured move on a bear rally is to $4500, or even a 50% retracement brings us around $4,200.  The 10 year yield is rolling over and this will lift stocks across the board.  Get ready for a MASSIVE market rally but after that... Good luck to us all.

Let's see what the elites in Davos are messaging to the world this week:

Davos elites warn: "Painful Global Transition should not be resisted by Nation States".

PAIN IS COMING. 

Are you awake yet?  If you don't know what the fk they are talking about you're probably someone only too ready to tell someone to get vaccinated so they don't get covid like they did... oh oh brain cramp lmao
Comment by Chrisinvan7 on May 24, 2022 10:14pm
'China in QE while US in QT.' The feds balance sheet has actually continued to expand throughout May and isnt 'scheduled' to shrink until June. We'll see though.. I suspect the US will be technically in recession following Q2 and if not, starting QT and ending asset purchases most certainly will be the straw. Id expect that, and the reasons you cited to cause a  ...more  
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