Loading ...whoa!! oil is down 7.12 at 11 bucks—this is an EXHAUSTION move —if anyone was waiting to buy the oil-energy sector they better start buying now—my cdev was 26 cents earlier now it’s 29 cents…smart money is buying this plunge
BRENT CRUDE IS 26.46–THAT is a 15 buck spread and historic
https://futures.tradingcharts.com/marketquotes/QA.html
Whats-his-face from Investors Intelligence said “as the price of a stock goes up I get less bullish–as it goes down I get less bearish”
I’m not talking any quick snap back but now is not the time to get uber-bearish on energy–that was 3 months ago