Another bad day on Wall Street and for oil. Oil was down over 4%, and the DOW closed down 468 points.
All the oil stocks I followed went even lower than the 52-week lows I mentioned earlier in the day. Most closed near the LOD.
ESV closed down .37 to $3.31. LOD was $3.28.
At the end of yesterday, with my $1,000 deposit, I was out of my call. Tomorrow I will be in another one. At this moment it looks like it will be for $930. Hopefully, we get a rebound tomorrow. All of these oil stocks are way oversold and at 52-week lows. ESV is at an all time low.