|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||8.67 / 17.31|
I see the demand side getting stronger. But it's the supply side that's got me dubious.
A near-term dip in PE could be a buying opportunity for future gains.
Do you know what a company does, does it do it well, and is there anything going on that could change the trajectory?
A big cap dividend producer, a company with the best assets, two larger growth companies, and my favorite, Parsley Energy.
Remember the mantra of the show: to teach, to educate, to explain, to put in context and entertain. I know trading. I was one.
The idea of paying $37 for someone to take a barrel has a lot to do with the malfunctioning of the way oil trades.
Oil isn't really worthless and Amazon isn't the only retailer that will survive, but we are in a mixed up market thanks to Covid-19.
More basing needs to be done in the stock of the oil and natural gas producer before a turnaround is signaled.
The technical action of the oil-and-gas company's shares isn't favorable as it points to further declines in its stock price.
Here are some stocks to play in this tense environment.
Still, there is money to be made if you're strategic.
To capture a quick upward move in oil prices, it's probably best not to overthink it.
Shares of the independent oil and natural gas company slumped on Wednesday after the company announced an 'upsized' or secondary offering of its shares.
Use available weakness in the trading range to initiate or increase positions.
Jim Cramer has suggested stocks to own after the OPEC decision to curtail production.
The OPEC agreement puts a floor under oil I don't think will ever again be breached.
The supposed OPEC deal is just a desperate action to stop oil prices from collapsing again.
We would look to go long VA on a $39 buy-stop using a $34 sell-stop.