Why if the war is looking like it’s going to end soon for many people and this "ceasefire" is crashing oil price, I’m still seeing a huge volume of money inflow into the energy stocks? Why oil prices haven’t pulled back to its prewar prices? Be prepared for a long energy crisis folks..no matter if the war ends tomorrow. The damage is already done! The disruptions are real and the war is still going on despite whatever fake agreement they have made. Was this a real ceasefire? Or just a few hours pause to boost the stock market and make you think that everything is fine? Oh yeah, the market is back on track 🎉🎉🎉🙃🙃. Israel and Iran keep bombarding each other, the Lebanon has been bombarded too..and now Pakistan is asking them to make peace and respect the ceasefire for 2 weeks? And in the top of that Trump imposed 50% tarrif to the nations supplying Iran with weapons? Good luck with that. Stay safe and be cautious 🤙🏾.
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41 Comments
Le Corb@lecorb · 4mo
With the ceasefire oil stocks pulled back strongly today and have settled around 5-6% down. I bought quite a bit of CNQ and WCP this morning to add to my large holdings. Rationale? If the cease fire is real, why are these stocks only down 5-6% and still well above their highs before the start of the war. If the cease fire is real, then these stocks will continue to run from the previous rotation. If this cease fire is real, elevated oil for long term well above $70/b means extraordinary additional free cash flow to buyback stocks and raise dividends. One of the safest plays, IMO is Canadian oil.
Mat P@cotolett · 4mo
I'm buying more oil. Whitecap keeps being good to me 😆
Rudy Nusta@rnusta · 4mo
Market is a series of overreactions to ongoing drama; a live reality TV show.
Paul K@paully7 · 4mo
He slashed tarrifs on countries supplying weapons to Iran? Meaning hes now encouraging countries to supply weapons to Iran?
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