Suncor Energy Inc. T.SU

Oil markets on the weekend

[Obscure1]

I have a lot of experience in certain areas of the market and virtually none in other areas.  In the past, I have always stayed away from what I don't know.  The generosity of those on this board that share information and strategies has got me thinking about expanding my horizons a bit.

Picking up a trading position on Friday afternoon like I did yesterday seems like a dumb move on my part.  Traders typically don't want to carry positions over the weekend because so much can happen without the ability to buy or sell for 2 1/2 days. 

Do the oil traders take a break on weekends because the stock and options markets are closed, or are the wheels always turning?

[Spanito]

Hi Obscure1, KEY NOTE:  TIME ZONES - WORLD MARKETS  Personally my owh experience is that Europe & America typically rest on weekends.  You have traders looking for any news that may impact direction on Monday, but in general traders in those two regions only do research on news.  After hours markets are typically very low in volume, but can send clues on direction to a

[Obscure1]

Thanx

[zeropointenergy]

https://www.riotimesonline.com/brazil-news/brazil/brazil-plans-to-attract-us192-billion-in-investments-until-2022/#:~:text=RIO%20DE%20JANEIRO%2C%20BRAZIL%20-%20Brazil%20expects%20to,%22It%20is%20an%20unprecedented%20volume%20of%20investment%20contracts.   nice read

[zeropointenergy]

Brazil plans to attract R$1 trillion in infrastructure investments ... www.riotimesonline.com/brazil-news/brazil/brazil-plans-to-attract-us192-billion-i…

[MigraineCall]

Good summary Spanito. I'd add this link too: https://market24hclock.com/#_ The next link is is the best site for oil I have found.  I am glued to it all day, watching live prices of WTI, crude, gas, stocks, but most of all, particularly the oil traders chat where oil traders around the world share info and post detailed technical analysis, 24 hours for the 23.5 hours that oil trades

[Obscure1]

Big thumbs up for the Trading Views link >> public chat >> oil chat Saved on my favourites list.  Will be taking peaks and hoping its not cocaine.

[Experienced]

Good question.  Oil markets are closed from 1800 hrs on Friday to 1700 hrs on Sunday.  Currency markets are essentially open 24/7. That said, don't forget that politicians don't work weekends.  I would be very surprised if anything significant happens this weekend.  I bought some SU on Friday and plan on getting a good nights sleep again tonite and tomorrow night...lol

[newcoin]

No one knows the future. Stocks go up and down.

[stever50]

So are you buying oil stocks Monday AM

[Owlseye1]

Like l said loaded like crazy Friday don't believe it will stay this cheap very long but again what do l know.