Higher oil means higher asset prices. That form a shield against deflation. It also prevents recession and makes things look good. Nobody cares about hardworking Americans who earn only $ 8 to $ 10 per hour. Its a sad story but a real one.
I know your theory. Keep the coomo low so inflation does not show up and Fed and you can continue to play your game. But I think you can not keep the facts suppressed so long. Folks ANR will come back.
Its not a good place to be in.
I think you are making a very wrong judgement. Its going up so that the big boys can short and make a 30% gains tomorrow when WLT tanks. It will tank extremely big.
Just say no to ANR.
Get out of WLT.
If earnings are good you can buy tomorrow. If its bad and falls 3, 4 points you have saved a big loss. Also clear indications are that WLT is not a good company to invest. That is my advise.
It will fall and bankrupt itself. Sell or short or stay away. WLT is a dead co with billions in debt.
Deutsche bank and Morgan Stanly downgraded CLF and GS upgraded it. I would side with Gs.
CLF is not such a bad company. Some time such thing can happen like it is happening today. I would say buy today and hold for another day. Do not surrender. At best stay away from the ticker.
I think class action law suits are also on the way. Good to stay short!
His name is Ben but now you can call him BB. He is playing with everybody valet. He will leave biggest mess when he leaves in Jan next year.
Whole world is watching this guy. Congress is also helpless to chain him.