Baytex Energy Corp T.BTE

Watching Powell now

[Frank007]

Boy does he seem nervous.....the house of cards is about to come down ....

[dandu1924]

Fed  said the statuquo, for now.

[liljohnnyjoke]

now down from 3 to max 1  and likely no rate cuts this year, hedge fund shorts will cause a market crash at some point

[kegman]

Which is why I pulled way back from Gold and in deep for OIL.  Summer is coming.  This is the base from here until September.  Lots of M & A this summer too.  Just watch.  

[Trader60]

Raising interest rates to lower inflation is a "blunt" macro economic tool that even the Fed is beginning to realize may no longer be as useful  as it was in past years. COVID also complicated the understanding of the forces driving the  economy. Interesting to hear so many many divergent views on a market crash versus continued market growth from the experts on the economy

[Frank007]

I can predict!."actually I can tell you exactly what going to happen .....this is the juggle just like the late 70,s ....exactly the same ...so get ready for 1981 ......it will recover but takes 3 to 4 years .......I'm ready r u !

[dandu1924]

I will be ready after the Q2, if BTE still loading their debt, the earnings still low, financing their buyback, still their ridiculous  dividend  ( less than 1% yield ), that will be the sign of  BTE still in the hot water for ever, just their past  and you have the fair  answer.