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S&P 500
5,431.60
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-0.04%
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US TECH 100
19,166.40
(
0.51%
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Dow Jones
38,589.16
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82.28
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0.00%
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(
0.15%
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benfrankledger

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benfrankledger

Re: None

Saturday, 11/18/2017 2:17:53 AM

Saturday, November 18, 2017 2:17:53 AM

Post# of 29398
$SLB looks like a current sell, or short at current levels due to a number of operational headwinds. Its share price is under heavy selling pressure, even as the price of oil reaches new multi-year highs.

This is largely due to slowing production activity worldwide as its customers focus on a strong financial position, as opposed to milking every last dollar out of rising energy prices.

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