I guess ignorance IS bliss......Do you guys even know wth......is happening here? The Canadian O&G stocks......ALL of them are getting trounced today.....despite oil being farily neutral. Why? IF you need to ask or don't know.....then wth are guys even doing here? Seriously my friends.......IF you guys dont really know WHY these Canadian O&G operators are getting trashed today......you need to either smarten/wise up or get informed somehow.
But.....being the nice & informed person i am......i'll be willing ot share the reasons WHY thse stocks like Birch are getting clobbered today. First look at wth happened to NG prices, down over 10% along with the trashing these O&G operators are suffering, Now why is that? To make you understand, i'll use an old excuse almost EVERY super woke person on this planet uses to put the blame on.......BUT this time it's actually TRUE.....
The Reason? It's TRUMP'S FAULT..................8D
And YES this time it is ACTUALLY HIS FAULT....
After yesterdays HUGE landslide win in the Iowa caucus......It's a confirmation that TRUMP will indeed be the nominee for the Republicans and therefore RUN against Sleepy Senile Creepy Joe. Which most polls now.... have Trump touncing him in the elections in November. Now some of you ignorant & clueless folks might ask WHAT has all this have anything to do with energy prices & Birchcliff? Well......if you HAVE TO ask.....better for you not to be in the stock market. But i'll oblige and tell you....
IF TRUMP gets elected.......its DRILL baby DRIL.......and you know what happens next right? Yep.....you guessed it!
So what you're seeing today in the markets and the Canadian energy sector specifically.......is whatever remaining US institutional & retail investors are left, DUMPING ALL Canadian energy stocks in anticipation of another Trump presidency & much lower energy prices!
You guys GET IT now.....? I hope so....because what's happening here, for some time now, has absolutetly NOTHING to do with some broker ratings.......LMAO.
GLTA