Post by
Indicator on Nov 08, 2021 1:01pm
how much of these short term moves are . . .
... the Nuttal effect? Certainly he has been the pied piper early on Oil's pandemic bounce/run and I note he sells in and out of plays on his long list. CVE his latest "highest conviction" top pick. I'll watch closely for when he steps out of it as he has done recently with Suncor.
One thing is certain, the oil trade is getting more crowded and the choir is growing.
Comment by
Sugaree on Nov 08, 2021 1:34pm
It is looking sweet, get the generalists on board soon and then the fireworks begin. Oil stocks are still only at half what they are worth with WTI at $70. Let them all run another 50% before shedding a major stake. Energy crisis here we come, gotta love Trudeau and Biden!!