RE:RE:RE:RE:The effect of US market first of all my comment was not just for energy stocks, it was for overall market, yesterday 98 % of my portfolio was in green, today 98 % in red? And this not the first time 8 out of the 10 times happenes the same thing when US market is closed and CAD market is open.
secondly the interest rate hike is not announced today to be a surprise, it was expected, so why the stocks should be down just the day before it is on effect?
masfortuna wrote: Exactly. So what is your point? If you are suggesting that O&G companies are down because they are being manipulated, I still say "no". We are down because we will see an interest rate hike tomorrow, we had a 3% run up yesterday, and the EU ban is causing growth concerns. The first 2 don't apply in the US.