ARC Resources Ltd T.ARX

Oil and gas are up - and ARX is down. What gives?!

[neigegarcon]

[fishcarrier]

Somebody is playing "short the stock." It makes no sense. Not to worry, it will bounce back. 

[Sunsurfer12]

Arc Energy Ideas (ARC the fund not he pubco) hosted by Peter Tertzakian was released..he fully expects sanction to be implemented..also discussed were options to deal with..none great..discussion on 2018 production cut mandae..gives a flavour of mood..not surpriised with dump..am fully hedged  for next 2 weeks..hope not to need it

[Quintessential1]

Based on the performance of the sector and particularly ARX's peers I am going to suggest its pull back day. Nothing goes up in a straight line might apply here. I just look at the commodity prices and know that ARX is making bank on Oil, NG and Condy. The market knows it too.  Its just traders and algos.   Fish got to swim and birds got to eat. GLTY and ALL ARX BULLS &

[Lupuslupus]

Worries about Trump tariffs will be, won't he? How much and for how long? that's got people in the Canadian energy sector on alert

[Trapped]

This tariff threat is hanging over virtually every sector of the market right now. I'm seeing it with my utilities, REITs, industrials, financials and consumer stock ETFs. I've been doing a little trading lately, with some moderate success, but I'm not doing another dang thing until 47 is in office and all those first-day executive orders have been issued. And I'm not at all

[Quintessential1]

You're bang on Trapped with the exception of gold!   Even a middle-east peace treaty couldn't knock down the safe haven commodity price being proffered in the face of the Orange Appocalypse about to be unleashed.  LOL GLTY and ALL ARX BULLS ;-)

[Trapped]

So true, Quint. It's times like this that I'm glad I've got a few sheckles in the SPiDR ETF. Normally owning it is like watching paint dry...

[Quintessential1]

When everything appears to be burning down all around us, sometimes watching paint dry is is especially soothing. I was refering to AEM which like ARX is hovering on 52 week highs with gold hitting ATHs with global uncertainty in what is usually the stabalizing force in the world looking to shake things up. I do however have a similar mirrored SPY fund that has performed incredibly well too that