iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,843 Blog Posts

NEXT MOVE FOR CRUDE? POLL INSIDE

I’m curious on what you think here about oil. What comes first – $40 or $50?

CLICK HERE to cast a vote or copy and paste the link below.

https://www.surveymonkey.com/r/ZHX868H

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13 comments

  1. philsy13

    $ONVO Time to go?

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  2. tonka

    Sub $40. Opinion of the guy that was wrong on energy last month…even though mid June I was looking like a genius…

    We aren’t rolling over to new lows. This still looks like one big higher low. It’s a big range, but a dip sub $40 would look completely normal on a monthly chart…and a great place to add to longer term positions.

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  3. joshua jones

    $50

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  4. Cascadia

    $BTE and $SPWR are hard to resist down here…

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  5. the_wolf

    lower for longer,
    sub 40, imho
    more blood is needed

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  6. ThomasJefferson
    ThomasJefferson

    Trying to short $MASI, but the spread on puts is preposterous.
    Looks like a great trade though, so I’ll see if I can get on somehow.

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  7. soupbone

    $40 to $60. Nothing spectacular. It’s a critically important commodity, however, and any shit disturbing whatsoever in the production will create a price rocket followed by a worldwide recession. Happened before. i.e. it is one of the most disinflationary items out there. And disinflation is the key to this stock market imo.

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  8. Big Tex

    I got 1.81 gas which means oil companies aren’t happy but good luck catching the knives.

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  9. dae42

    What was the final tally from the survey?

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  10. dlrago8

    OA, I know you like LIXXF, so I would appreciate your thoughts on the EFT LIT which is all Lithium companies. Thanks.

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  11. og

    $NVDA looking good.

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  12. kdogg1787

    40. All the peoples in charge of refining are dumb. “We need to commit to cutting back,” said one leader I recently talked to. Then in the next breath said, “we are excited about setting crude rate records in the coming weeks.” Good talk.

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