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Global X Enhanced Can Oil And Gas Eq Cov Call ETF T.ENCL



TSX:ENCL - Post by User

Comment by firstworldon Jun 18, 2024 12:09pm
71 Views
Post# 36094102

RE:RE:RE:RE:Nice Drop!

RE:RE:RE:RE:Nice Drop!
fishcarrier wrote: Goodness, I don't mind it's not a growth. But could it at least hold its own? Oil is up over $79 a barrel, and still all oil stocks are languishing. I must have missed Trudeau's announcement that all oil stocks must cease and desist by next Monday! But then everything in this country seems to be languishing. Foreign investors all scared stiff I think. 

Haha don't worry it's just some of the 95% of debt crushed Canadians trying to look successful selling to supplement their foodbank haul to make the payment on 7 yr old Mercedes.

I doubled my holding only because the companies in the etf hedge 70-80% at least plus they are heavily tax payer subsidized at all levels incl the ridiculous $40B TMX.

It doesn't matter what todys oil price is, except to algos, who are easy to predict.
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