Cardinal Energy Ltd (Alberta) T.CJ

when oil drops 2% shares drop 3%...Not so in reverse

[w8asec]

Odd observation in the past few weeks ... when WTI drops 2 % most of my oil stocks drop by more, however when oil climbs back up 2%, my oil holdings rise maybe a half %... somethings got to give at some point.... Last month I blamed this phenomina on tax loss selling... can someone provide a reason for this months discrepancy?

[Kadiddelhopper]

The barrage of recession news, creating fear and divestment to CASH.

[Jonny2fingers]

Trudeau and his lackeys

[TheWokeLemming]

Macro events this week that add an element to day trading. Powell interviews tomorrow, then CPI report due Thursday, so profit tends to be taken off the table and a retracement occurs.  Might see a nice run Thursday if CPI meets or falls below expectations.