The question is where do we go from here.
So far I took partial profits in HES & DIG. I still hold a full position in COP and still think you can put money to work in quality oil names here. Other than that, I don’t feel comfortable getting behind much here (pause).
I missed some good trades from recent iPOs today, specifically FMSA, VSLR, & BABA. But, I’m content sitting tight here. Let’s let the market base out a bit here and I’ll try to find some more actionable setups for you guys.
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NVAX, TC, MCP, WEAT
Love the WEAT. Tempted to buy MCP and treat it as a call option, but I won’t.
Yeah, the MCP is playing with nitroglycerin. I’m hoping the recent cash infusion buys enough time for some sort sustained rally in REE (+15% today btw).
duh, i meant the rare metals etf, REMX… No rally today but finding a bottom, if i’m lucky.
Sold final DUG, & HES into the bell. Also scaled gains in COP.
’twas a glorious bit of execution @RC
thanks brother
whts ur view on OAS here. Didnt seem to participate with the overall sector
I still like it for a bounce here.
COP staying with it,,longer term play
LNG, SUNE, WMB, APC