Dip in the Market, what are you guys buying?

Broomd

Senior Member
Joined
Sep 29, 2014
Messages
2,925
Location
North Idaho
For those interested, Ark Invest's opinion on oil prices going forward.

Fast forward to about 21:00 for oil specifically.

Thanks for posting.
"Demand destruction"...we'll see if she's right overall.
She's basically capping WTI at $77. Time will tell.
 

WRO

Senior Member
Joined
Nov 6, 2013
Messages
2,035
Thanks for posting.
"Demand destruction"...we'll see if she's right overall.
She's basically capping WTI at $77. Time will tell.
She's wrong in this one.



Sent from my SM-G991U using Tapatalk
 

BBob

Senior Member
Joined
Jun 29, 2020
Messages
936
Location
Southern AZ
Fed/Powell talk Wednesday.

Oil and gas futures running well tonight. NatGas running hot with a gap up and well above EMA's. RBob making a nice bounce off 13EMA and a significant fib.
 

Jagger0502

Senior Member
Joined
May 6, 2020
Messages
259
Location
Western PA
If anyone is on the crypto train AMP should be a good short term and possible long term as it’s starting to pick up some popularity in that world. It’s a long shot but could be a fun ride if it takes off.
 

go_deep

Senior Member
Joined
Jan 7, 2021
Messages
336
Crude is knocking on the door of $72 this morning!
I know there's been some positive reaction in the O&G stocks the last week or two, but I really thought we'd see more. Guess I just need to be a little more patient.
On a side note I bought more AXAS 2 days ago on the dip, possible long term return looks to tempting not to.
 

Okhotnik

Senior Member
Joined
Dec 8, 2018
Messages
1,667
Location
N ID
Crude is knocking on the door of $72 this morning!
I know there's been some positive reaction in the O&G stocks the last week or two, but I really thought we'd see more. Guess I just need to be a little more patient.
On a side note I bought more AXAS 2 days ago on the dip, possible long term return looks to tempting not to.
I think there has been some profit taking the past week to account for the lag. . could be wrong.
 

YBPS

Senior Member
Joined
Dec 5, 2018
Messages
277
Location
OR
I learned about TRCH from this thread at some point last year. Thank you…..
 

BBob

Senior Member
Joined
Jun 29, 2020
Messages
936
Location
Southern AZ
What in the heck is wrong with BORR? I swear its the only oil stock I have watched that is basically doing nothing.
$$$ issues and it's stuck in heavy price congestion. I suspect every time it moves up a little people sell off to get out. Same with GTE. Sellers need to be exhausted and both will have to move up quite a bit in price to break free from the congestion to move on and up.
 

Okhotnik

Senior Member
Joined
Dec 8, 2018
Messages
1,667
Location
N ID
oil is starting move now. I

bumped up my sell on cdev to 8 for now ( up over 60 per cent again, damn should have held on from last April !!) and orders on SM, CVE, LPI, SU, WLL, PBR. Slowly adding to FT , RIO, TX, EPD ( dividend stocks)

Picked up Mesa last week. Might as well get back some into an airline and think decent profit potential.
 

Latest posts

Featured Video

Stats

Threads
195,029
Messages
2,023,986
Members
49,476
Latest member
kleinotter
Top