better luck next time. wait for the dead cat bounce and exit.
just the usual mindless dribble from this guy. He must have lost a pretty penny on oil stocks with all his anger
directed towards them and their shareholders.
thats not that far away.
Sentiment: Strong Sell
Yea i know.... Another analysts opinion take whatever you want from it.
But, sometimes they are right.
According to Pavel Molchanov, an energy analyst at Raymond James
“Chinese oil demand, which is ultimately what matters for oil fundamentals here, is actually doing fine,” he said. “It’s growing modestly. Nobody was expecting Chinese oil demand to grow 10% or even 7%. It’s growing at about 3% which is actually very fast for an extremely large economy – much faster than it’s growing in the U.S. or in Europe.”