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All green..$AMPY and $KLXE did great today
The real challenge when to pick winners while the market is not cooperating; in a bull market everything is running and a blind squirrel will make money during this time. IMO
Travel stocks such as CCL, AAL, UAL are up; oil stocks will follow IMO. Oil stocks are generally reversing now.
WTI above $41; smelling another crazy oil stock rally - loaded
https://oilprice.com/oil-price-charts
OPEC+ Agrees on 842K B/D Compensation Cuts in Aug-Sep: Delegates - Bloomberg
https://www.streetinsider.com/Commodities/OPEC%2B+Agrees+on+842K+BD+Compensation+Cuts+in+Aug-Sep%3A+Delegates+-+Bloomberg/17115779.html
$BORR $KLXE $AMPY $SPN $CPE
OPEC meeting is tomorrow; waiting to see the outcome!!
https://www.cnbc.com/2020/07/13/opec-set-to-roll-back-some-production-cuts-but-risks-sending-prices-lower-again.html
I will load up heavy on oil stocks; tension in the Middle East as well!!
8.3m were drawn according to API, while only 2m was forcasted ; Oil stocks should respond positively IMO
https://www.investing.com/economic-calendar/api-weekly-crude-stock-656
OPEC has a meeting to decide about oil cuts, I am waiting.
$SOLO $CLSK my two quality holdings with tons of potential. Been pounding the table forever about them. $BORR my new favorite; just declared listing compliance.
Energy sector might get a boost tomorrow.
Warren Buffett’s Berkshire buys Dominion Energy natural gas assets in $10 billion deal
https://www.cnbc.com/2020/07/05/warren-buffetts-berkshire-buys-dominion-energy-natural-gas-assets-in-10-billion-deal.html
Nope, it needs to close the gap, and then the ask slapping will work. It is still being shorted heavily.
United Stated API report that was released today.
Oil stocks should perform well next few days; just heads up!
I am not sure what chart you are looking at; this is about to close the gap, which is great news. Hopefully, we can reverse course after that.
Something is wrong with the trading of this stock; it just doesn't respond to any news at all lately. It seems that it will close the gap. What is holding it a bit now is the non stop release of news; a day or two without news, and it will fill the gap IMO.
$CLSK, matter of time; I have been asking people to be patient with it.
$SOLO is doing very good as well.
This other stock GNU*, that has been performing extremely poorly, has been dragging us down with it, as it seems. I think that CIDM is far stronger company and needs to be treated separately. We need good news.
Most of the very hot plays are P&D, people need to realize this and don't hold more than they should. The name of the game is to get out before the pumpers do.
Have a nice weekend all!!
13% down for the day as predicted yesterday based on the charts. Next week is another week; hopefully they have some good news for us.
Without a strong and meaningful news, the gap will be closed IMO
$CIDM, negative PSAR has dropped today; the decline makes perfect sense. Also, the news does not contains any $ potential. They need to do better.
Accumulation occurs at a stable price, this is called taking advantage of the dip
$IDEX, what accumulation?, I am not sure I see this; looks like heavy dumping to me.
Right on!! Link back. these are the honest messages.
Meaningless arguments are useless!!
$CLSK, great fundamentals stocks need patience; this is all. Better than many of the P&D that need experienced traders and hurt amateurs, unfortunately.
The shorts have been clearly in control; denial won't help anything. I am holding my shares, but I could not sell them with such selling pressure. I think that they will let her breathe when they close, or almost close, this gravitating gap, unfortunately. As long as they don't find pressure in the bid, this will keep drifting down; buyers need to step in.
It is a discussion about investment; no-one forces anyone to discuss.
I think it CIDM has been shorted all that time on the way down that decreased interest in buying; you don't need to discuss it and believe what you want!.
I am free to say what I like without interruption or anyone tell me that I am wrong, while providing weird excuses for the pathetic trading of the stock as of late.
Obviously I like CIDM, I don't like how it has been trading-I am free in my views, and it is absolutely no on business to suggest selling of the stock. End of story!!
The move has been down, I am not sure what the argument is.
The daily volume is low because the ask has always been blocked, look at the bid X ask. People have different opinion; the bottom line is that their strategy has not been working at all. One tremendous run is not a reference for future same. I am holding lots of shares and I want nothing more than better stock performance!!
I think that thy need to add meat to the news ($) values to contracts or partnership; it is clear that the current strategy of daily news is not working.