RE:RE:Monday trading.... Not much to say.....I agree with everything you said
i posted this over on IV:
”
$65 oil
Quick!!!
Sell your oil stocks!! The sky is falling! COVID!! Oil is stranded!
Who cares about record draw downs in global inventories (28mm bbls globally last week), running out of DUCs...
NOPE——> PAY ATTENTION TO THE FEAR!! WHAT GOOD ARE FUNDAMENTALS when headlines are THIS SCARY???”
stockmarket1 wrote: 16 minutes after I created this thread....already 26 reads with no responses. Something I always notice and wondered about this here. Many read threads but don't response. Hmmm. Who are the lurkers.
stockmarket1 wrote: Pre-market doesn't mean much but so far as I write this, wti is down almost 2%. Monday could be a day in the red again. Earnings day a week away. This week could be interesting. Especially, seeing that wti and Brent are beginning a downtrend. A rally for VET could very well be postponed the way things are going. But on the other hand that's a good thing. Why? Continued buying cheap shares. If so, get on it because by fall and into next year....low double digits ($11 ish) will be at hand.