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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Energy Oil & Gas E&P
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 > Unfortunately
View:
Post by 1234bmth on Feb 02, 2023 1:36pm

Unfortunately

The money is going from commodity stocks to tech stocks.
Comment by SmokeyOB on Feb 02, 2023 2:31pm
I believe you are 100% correct. 
Comment by riski on Feb 02, 2023 2:39pm
Absolutely. Chasing the momentum.  It's been a brutal tech bear for almost a year, but I don't think it's done. This is a relief rally, but it will fade fast with big tech retreating to previous lows. 
Comment by riski on Feb 02, 2023 2:40pm
Today might end up being a good day to sell tech and buy energy. 
Comment by TheWokeLemming on Feb 03, 2023 9:06am
Looks like tech is going to get hammered today.  Jobs report shows no recession and most likely there will be no Fed rate cuts in 2023. 
Baytex Energy Corp
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