With today’s 4% move in oil stocks, the median return is now positive for this once derided sector. Now that the crisis has passed and the bull market is back, we can all go back to our jobs in the Bakken Shale and start drilling for USELESS FUCKING OIL AGAIN.
Also, the biggest gainers in oil today are in the exploration names, due to America’s renewed interest in fossil fuels. Fire up that deep sea driller; we’re gonna drill, baby, drill.
The unhedged morons at CLR are higher by 8%. The once thought to be bankrupt WLL is higher by 9%, as well as BBG.
There is a party taking place in the oil patch now, lads. Are you man enough to buy them?
Since oil is now up for the year and everyone is making money again, what sectors are lagging?
Biotech -27%
Nuclear -21%
Tankers -17%
Solar -16%
Staffing -15%
Foreign Banks -14%
Have at it.
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LABU!
Yeah and all of a sudden we’re destroying Isis…
The effort into all the destabilization did not just all of a sudden capitulate. They are making you think they did. Oil from 95 to 26 to 45. Isis pinpricks until migrant transfer complete. Dow return to glory with only algos & what’s left of anyone watching Fastmoney supporting it
BAS
STLP
STRL
The Bear is dead
Market knows we are headed for a Hillary presidency, who knows the importance of keeping the Bull alive.
Buy any oversold reading
Play this next leg up with TBT
Fly,
I bought May calls on the ark which I hear reserves me a space next to the leopards, right down the hall from the cows and the cheese cellar. Is this true?
there isnt a cheese cellar on the ark. You’ve been duped!
Flip Flop and FLY, I am gonna cry…. LOL… When does Dennis Gartman join the blog club here!
2016 the Year of the Tangible
Buy the dips! To the Moon! We go much higher from here.
(OK, now it should crash Monday.)
thanks for hitting my asks. target #1 2012 met. looking for 2.03 on the 10yr. sold three. joining the pinheads with too much cash.
oh and ( lolz ) i’m still long CLR
Time for the Saudi oil minister to hold a press conference in which he chuckles quite a lot.