RE:RE:RE:This is why SU should not reinstate divy It's a good indroducrion of just how badly oil is manipulated when you 20% swings in a week in WTI, we all know this commodity is going to be severely depleted within the next 12 months.
They have shorted oil so badly and will need to cover all their positions before prices go up.
That being said, you'll see the bond yields rise in minimal increments. No big deal. They play off it. You'll see news about virus issues in Europe. They'll play off it.
I personally work on health care. I work in one of the largest critical care facilities in the country. Have I seen covid. Yes. Do I know people with covid yes. Do I see it everyday. Yes. Am I scared of it no. I have the option to get the vaccine right now. I have refused. My own opinion so please don't comment. I know many around me that have gotten the vaccine.
But when it comes to stocks and stories it's all smoke and mirrors. It's almost like CNBC has a copy and paste for their daily news. Oil Stocks dropped with recovery concerns. That's smoke and mirrors. They should be cusified for it.
You will see the world open up this year regardless. People have had enough and their not prepared to put 5 years of their lives away in hopes this goes away. It's a gamble and you take red or black amd take the risk on your decision
Join the tide people weather politically correct or not the world is coming out of this hole this year. Doesn't matter what the government says.
Will the markets crash because of over inflation of the tech stocks yes. Will all stocks go down because of low tides. Yes. But it won't be because the copy and paste of recovery economy worries on CNBC. Their fake news.
Oil is going to be on short supply here very soon. That's a fact. How they manipulate the price of I don't know but it's going into short supply.