Post by
Carjack on Mar 11, 2022 7:37am
Overnight markets
US futures green, foreign markets nicely into the green. Margin calls on oil yesterday and oil holding at 107. Looks like a risk on day today.
Comment by
Sugaree on Mar 11, 2022 9:19am
Oil goes up to $110 late night, then drops $4 in a flash around 6am when reported Biden will be talking to Saudi today. Oil prices rise on fundamentals, then drop on headlines. As time goes on, the headlines will not be so effective.
Comment by
Carjack on Mar 11, 2022 9:26am
With the uncertainty it is all trade the headlines buy on weakness but you are right this will change soon.
Comment by
Sugaree on Mar 11, 2022 9:37am
NVA hit harder than most out of the gate. Believe it or not, this is a good sign. It means big funds that need shares are Stop Loss Hunting.
Comment by
allin100 on Mar 11, 2022 9:44am
Paramount is selling their shares which is great news. Short term negative pressure but they won't be taking a run at our horse. More long term gains to be had then a quick take out.
Comment by
Oldnagger on Mar 11, 2022 9:51am
If they are liquidating, we will be stuck around here for a fairly long time. If that is the case then NVA should take advantage by doing a share buy back !!
Comment by
Sugaree on Mar 11, 2022 9:55am
I see no evidence backing up this comment, why make things up. If this is fact, please provide a link, or your source for this information.
Comment by
Carjack on Mar 11, 2022 10:01am
Volume is way too low for a pou sale and pou would block trade in premarket to a buyer.
Comment by
Sugaree on Mar 11, 2022 10:12am
Like Eric, or these Index funds that require NVA in theiir fund by March 20 now that NVA was added to the TSE300
Comment by
Sugaree on Mar 11, 2022 10:18am
WTI up to $108.20. Moving up on fundamentals, let's see what happens after the biden/Saudi chat. A bunch of fluff headlines can only tank oil so many times. Like the boy that cried wolf.