RE:RE:CER Has NOT Approved ENB's Canadian Mainline Contracting SILKOS - I think the markets will be shaky for the next couple of weeks until there's more conclusive evidence of just what exactly this new variant consists of. The sky was falling when they announced the Delta variant, but the markets soon shrugged that off. Hopefully the same applies with this new one.
Biden must be happy about the big drop in oil today, that's one way to get the price at the pumps lower...lol
Silkos wrote:"Did the stock jump when they submitted the application in the first place? Nope. So I assume that the impact will be limited if any.
If the markets are shaky next week, then ENB won't be safe either. If it drops further you should chase it down all the way to the next resistance point.
Not concerned at all."