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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Joined Aug 2, 2009
1,847 Blog Posts
$ONVO Time to go?
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.
$50
$BTE and $SPWR are hard to resist down here…
lower for longer,
sub 40, imho
more blood is needed
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.
$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.
I got 1.81 gas which means oil companies aren’t happy but good luck catching the knives.
What was the final tally from the survey?
OA, I know you like LIXXF, so I would appreciate your thoughts on the EFT LIT which is all Lithium companies. Thanks.
$NVDA looking good.
Lookin real good!
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.