Baytex Energy Corp T.BTE

This is unfortunate

[1234bmth]

With oil bull market we have bear overall market, oil is holding firm, lets see what will be tomorrow.

[Nothingmatters]

Tomorrow will be bloody for oil. Oil is the main culprit...my shorts are working since yesterday...

[BayStreetWolfTO]

Fun fact. While the 6 month chart for BTE is +56%....while the NASDAQ has been experiencing its Bear market run and I believe the DOW is in a technical correction (so far) Anyhow while BTE is +56% during these market down times it is interesting that we have had many correction days where we dropped a greater % than today. For days we dropped a bigger % than today November 1 day drop was bigger

[Nothingmatters]

56 percent wont stay for long... obe was up 100 . Take that into perspective clown

[IndianSparrow]

It is unfortunate indeed. IMO that money will be rotating big time from other sectors to energy plays as funds need to generate positive returns and only the commodity and energy sectors are doing well. From a technical perspective, BTE is holding its bullish trend line on the 1, 3 and 5 year chart. GLTA

[BayStreetWolfTO]

I agree IS, with rising rates the smart ones will continue to rotate.  Others will listen to Cathie and drink the kool-aid.  As I said before like overfeeding the fish