,,, aand it opened at 1990 ! Waay above any of the moving averages ! Havening seen something like this for a long long time ! Happy Happy days but also questions on state of financial systems
While people 'feel pain at the pump' and we think we made money in oil stocks, it may be time to re-collect, that Russia is making $70 billion EXTRA, if oil remains above $95 ! Sanctions excluding oil is Putin's wet dream and Biden (clan?) is happy to oblige
I think China is far more of a worry ! In last 5 years only India has stood up China's military encroachment and that too twice (Biden, take note) ! First time when China was in process of expanding into Bhutan's lands ! India dispatched it's army immediately after getting Bhutan's cry for help and stopped China ! 2nd time when China ambushed and killed Indian border troops and captured about 1K sq miles/km (?) of indian border lands but were blocked by india's response ! This has been noticed by Taiwan too ! So we now building relations with India as more reliable partner than US ! In last week QUAD meeting, India stood firm on Quad founding objectives unlike US ! Not sure if this is enough to dissuade China attack though !
How many times such high oil price (real value) was NOT followed by recession in last 150 years? ZERO ! "This time it's different " isn't even being sold ! Tik Tok Tik Tok
,, don't forget Keystone pipeline expansion cancellation ! IMO, that alone could have covered entire Russian oil shortfall ! Love Biden (and family?) ! Smart bears would kill it once recession starts (after these oil prices) and with our Hero in white house ,, don't forget Keystone pipeline expansion cancellation ! IMO, that alone could have covered entire Russian oil shortfall ! Love Biden (and family?) ! Smart bears would kill it once recession starts (after these oil prices) and with our Hero in white house
switch to 4 hrs chart ! do we see potential double top? it'll be good to watch if pattern holds and be nimble switch to 4 hrs chart ! do we see potential double top? it'll be good to watch if pattern holds and be nimble
,, none ! I'll dart in to short when market is ready and my carry cost is lower ! ,, none ! I'll dart in to short when market is ready and my carry cost is lower !
Another reason to thank Biden for this oil price ! After Biden insulted MBS (Saudi) days after taking office, when recently Biden sent high delegation to saudi with request to increase oil production, MBS said "F**K o'f" Biden! MBS is now my friend ;)
,, you do know not to end your sentences with a period,, right? I use an exclamation character as replacement ! ,, you do know not to end your sentences with a period,, right? I use an exclamation character as replacement !
Institutions seem to be in cahoots with the retail ! Hourly chart makes a double bottom and institutions are pushing it now ! so prices never really fell
Amazing !! We almost had a nuclear incident and retail is still buying the dip and holding up prices in bullish area still ! Maybe, now that institutions will get active soon, we may finally see prices enter some neutral or bearish arears
Only 50-55% of total wells are currently operating as compared to pre-covid level ! Lots of wells under process of getting uncapped on urgent basis (Greta is horrified)
Cancelling Keystone pipeline expansion by Biden the best thing that happened to Bulls here ! Hold dollars in one hand and vote Biden with other, economy be darned :)
I don't know what you all are looking at,,, but I see extra large wicks which is just plain BUG in programming of this web site ! Charts in other exchanges are working fine
After multiple videos of Indian students being kicked and Indian girls being beaten by Ukrainian security went viral in India, President Modi took charge of evacuation of 16K Indian students ! Interesting point is that he also called Putin, and managed to stop fighting for 6 hours ! During this time got his people out of Ukraine ! If Modi can do this, he can also mediate a ceasefire or at least keep Putin away from nuclear assets, otherwise, you never know what Putin will do next