RE:RE:WTI over $75 and VET still under $11stockmarket1 wrote: The correlation between VET, WTI and Brent sometimes doesn't exist. Look at it this way. Another observation. Canadian markets yesterday were closed and VET had a great day down south with the U.S markets opened. Now, Canada is opened and VET is on the verge of being in the red. It's green as i write this but It won't shock me if we end the day in the red.
If opec+ settles, we could sink even more next week. Be prepared to buy. I have a strong feeling we'll get another great buying opprotunity sometime next week.
Yes. VET had a great day yesterday in the US up 31 US cents to close at US$9.06 but today it's trading down to US$8.81 which is close to being "even" with Wednesday's US close (US$8.75)... AND WTI is up $1.50 from Wed's close?!
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Go figure, eh?! So, in CA or US, WTI does not really matter with VET.
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GLTA