Rational markets Going back to my discussion with Ramman wherein I wrote the market has no clue what’s up. Wti up again; the probability of oil moving higher or remains in the $65-75 range is high; E+P s making money here; but the sector sells off.
Now someone can try to rationalize the selloff of energy names in Canada and USA but give your head a shake if you think it’s rational. So I buy another 30k today and for sure will see this down tomorrow because it’s the Friday of a long weekend..,blah blah.
Hopefully pou starts the NCIB again.