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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: jpdunwell who wrote (62745)6/15/2022 10:56:35 AM
From: Sun Tzu  Read Replies (1) | Respond to of 97488
 
What about in Mexico? Or Columbia?



To: jpdunwell who wrote (62745)6/15/2022 12:12:54 PM
From: ItsAllCyclical1 Recommendation

Recommended By
Lee Lichterman III

  Respond to of 97488
 
yea, Almost certain that’s where I got the information. Biden threatening refiners this morning is absolutely nuts. I don’t know who is advising him as he certainly can’t think for himself anymore but that’s why I have a diverse group of picks within the sector, most of my E&P‘s are based in Canada where they have a little bit more sense with respect to their energy sector Not to mention they’re still cheaper overall.

OIH has been basing since March now which is the ETF for oil services. Could still see 250 or slightly lower especially if oil falls further which it easily could move down to 110 or 115 but again this is one of the few sectors regardless of oil prices even if they come back to 80 or 90 that’s gonna show increasing earnings for not only the next few quarters but likely the next few years.

Biden.s Saudi Arabia trip well that must be a 2 to 3 day impact on the oil market