RE:RE:oil down 1%You can bet the shorters have piled on today.. hopefuly they will be one of the catylist for the next leg higher, when the divi gets increased and the Q2 numbers are posted.. ;-)
Moemoney42 wrote: The energy sector is getting sideswiped by general market malaise and probably some margin calls.. sell those gainers to cover the margins is taking place in a big way today..!
With WTI at over $119 there's no way this scare of a market sell off affects the bottom lines of these companies.. yet..?