GulfSlope Energy Inc (GSPE)

[spec machine]

Cognitive dissonance is the trade of the day as crude futures are trading at lows for the year, totally pricing out the precariousness of the global supply situation

Drone strikes deep in Russia (on energy and military assets) are a significant escalation as they reveal that Putin himself is within the striking distance of Ukraine’s military

EU caps on Russian oil

API reports crude inventories continue to shrink (a build in products is welcome news)

Oil majors file suit against the government for illegally halting the oil lease process

Simple questions get a blank stare, a mumbled catch phrase, or a tired campaign slogan

The world looks on with deep concern as the world’s greatest and most triumphant society waffles, stumbles, and decays visibly at its central command responsibilities

It’s already acknowledged by the majority of economists that we’re going into a recession as layoffs begin to hit at a time when it hurts the most

Moving toward raising more cash in portfolios and tax loss harvesting are doubling the selling impulse on high risk trades

I like to think of diversification as having one extra consideration in addition to the typical factors - it’s a term from biology that I think works well in evaluating how to allocate risk/capital

r/K selection

GLTA

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