RE:RE:Strength or weakness?The entire sector dumped today with low O&G prices.
The hope of good earnings isn't enough to fight the trend.
Hopefully commodity prices bounce back tomorrow and we get a double whammy boost with inline earnings.
Debt is going to have to go down and the divi is going to have to go up before we see substantial share price gains but its only a matter of time.
I collect my divi while I wait and also looking forward to earnings tonight.
GLTY and all
MagicPinstripes wrote: Down almost 10% so far today. Surprising to me as there is usually a run up to earnings.
Perhaps it's a result due to the drop in oil prices, the drop in natural gas prices, the midterm U.S. elections, or the tea leaves in my cup this morning.
Ugly day, but still optimistic in the long term as there's a lot to look forward to! ...especially with winter just around the corner here in Southern Ontario.
Looking forward to reading up on earnings later tonight. :-)
GLTA