ARC Resources Ltd T.ARX

Triggering the algorithms

[Grandcentral]

The market sure is corrupt. Hedge funds manipulating the market by using 'great' news events to trigger algorithm selling. NCIBs will benefit across the sector - a few days and everything will rebound back to normal and upward. Hang tight and let the NCIBs fight back. Can't believe with all the supposed governance of the market, hedge funds get away with this.
GLTA

[angelnicky]

no its a rotation shift out of energy stocks as they have peak as per the guest on CNBC have indicated.  Energy stock will drift downward, especially when oil and gas drops in price

[bassfishing88]

Was thinking the same but is the rotation into tech, mj's etc?

[Trapped]

Yes, but if it is rotation, it will be a temporary one. None of the underlying fundamentals re chronic underinvestment in global supply vs. oil demand growth as the recovery progresses has been addressed.   E&Ps have had a solid run-up and this will provide necessary consolidation ahead of continued gains. Again, the broader story and the supply challenges it will bring hasn't

[angelnicky]

no lesiure and retail they saying energy is finish with its run, hedge funds are dumping now and taking profits and moving away from energy stocks and letting the retail investors hang out to dry