Post by
cfliesser on Apr 21, 2022 4:00pm
Weird day for SP today
High of 3.16
Low of 2.90
Craziness, and a day when oil and gas futures are steady
Comment by
masfortuna on Apr 22, 2022 9:22am
Fed meeting at midday caused the bottom to fall out. Powell contemplating a .50 interest rate increase bringing the overnight rate to 1.50%. Historically still very low BUT panic set in. Every week until the May meeting the media will pop out a story of this increase and the market will tank. That's what happened with the last one and the spr releases.
Comment by
fullyautomatic on Apr 22, 2022 1:15pm
Hold tight boys- or switch it off.. Gotta be here for earnings.. Cliff or Kav any March production #'s?
Comment by
fullyautomatic on Apr 25, 2022 2:37pm
That was a less then pleasant morning.. Yikes. Composure coming back a bit now.. Are we the 1st junior out of the gates for earnings? May get some eyeballs and dollars allocating, not too long to wait now.... My target remains catching and trading up near IPO's SP.. Good luck
Comment by
Oilpig1 on Apr 25, 2022 8:09pm
I kind of dropped the ball as well. Everytime an interest rate hike happens, especially something unexpected, we should expect these dips. Congrats to those who seen it last week, great swing. I should have read deeper into the comments but to busy. I am still holding and will continue adding until earning.