AI
Friday, December 07, 2018 4:14:34 PM
Well the first half hour today was awesome, but then everything pretty much fizzled out. The markets were green in that first half hour, and oil was up 4%. In the end the DOW closed down 559 points, and oil closed up 2%.
Oil was up on an OPEC/Russia deal that will cut 1.2 million barrels a day in production. Unfortunately, the stock market seem to control the oil stocks instead.
ESV was as high as $5.55 in that first half hour, but closed down 4 cents to $5.11. That was -.87%. The other drillers fell by much more, which I guess balanced out yesterday's action. NE was down 4.47%, RIG 5%, and DO 1.6%. Yesterday these fared way better than ESV.
SAEX closed up .26 to $3.64 (HOD was $3.98). The bid was in the $3.30's when this happened, but I will take it
SAEX did not make a new 52-week low today, but came close. The LOD was $3.31, and the 52-week low is $3.30. They also had a filing come out that showed Dupont Capital with an 18% stake in the company.
My margin call is now $605. It was $758.
That's it, have a good weekend everyone!
Oil was up on an OPEC/Russia deal that will cut 1.2 million barrels a day in production. Unfortunately, the stock market seem to control the oil stocks instead.
ESV was as high as $5.55 in that first half hour, but closed down 4 cents to $5.11. That was -.87%. The other drillers fell by much more, which I guess balanced out yesterday's action. NE was down 4.47%, RIG 5%, and DO 1.6%. Yesterday these fared way better than ESV.
SAEX closed up .26 to $3.64 (HOD was $3.98). The bid was in the $3.30's when this happened, but I will take it
SAEX did not make a new 52-week low today, but came close. The LOD was $3.31, and the 52-week low is $3.30. They also had a filing come out that showed Dupont Capital with an 18% stake in the company. My margin call is now $605. It was $758.
That's it, have a good weekend everyone!
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