Post by
Wynjoe on Jul 14, 2022 2:04pm
Stay clear of oil stocks for now...
Us.midterm elections coming.Hedge funds exiting oil. Goverments trying to control inflation and oil is maybe the biggest culprit. Climate activists doing what they can to eradicate fossil fuels, you get my drift.Oil will drop.
Comment by
Hightowntrader on Jul 14, 2022 2:30pm
And yet everyone needs energy...
Comment by
Apaulson on Jul 14, 2022 4:24pm
Oil is going to $60. Just hope that Elliott increases their position and we'll get a pop like Pins did.
Comment by
Bigbear7405 on Jul 14, 2022 5:18pm
Worst month for Stocks is September. Particularly when interest rates are going up. Look at 2008
Comment by
Bigbear7405 on Jul 14, 2022 5:19pm
https://www.moneychimp.com/features/monthly_returns.htm
Comment by
ThirdStringBot on Jul 14, 2022 8:20pm
Oil may drop in the short term but where else can you get a 4.7% dividend and a share bayback plan
Comment by
Mirko22 on Jul 15, 2022 9:39am
Lots of stock like BCE, ENB, CPX RUS, QSR I ended up buying it SU at 25K shares and down about 120K already. As soon as if i ever get to my average cost i am out. I hate oil stock.