Post by
Indicator on Nov 09, 2021 11:32am
IMHO, odds favour Biden tapping reserves
Dems are up against the wall after Virginia loss. Rising cost of living, food/gas prices, and school policies evidently helped sway disgruntled suburbian moms away from Dems.
Oil plays are getting tipsy. I'd like to see a solid pullback to establish next leg up into new year. Will we get there? Roll of the dice!
Comment by
Sugaree on Nov 09, 2021 12:06pm
IMHO, not a chance there will be any significant pullback before year end. What you are seeing today is the best they got to pulling us back.
Comment by
alvarez2 on Nov 09, 2021 1:09pm
Always a chance Sugaree, it's been pretty much a straight line up for awhile now without any significant pullback. Who knows ?
Comment by
masfortuna on Nov 09, 2021 5:57pm
I would like to see a rollback sometime NEXT AUGUST. The entire sector is massively undervalued. When we gaet to a 4-5x multiple maybe might see a rollback. Incidentally in 2018, energy stocks were trading at a 6-7x multiple. That would take Nuvista to about $30. Mas