I have seen in a couple articles bulls are buying for the squeeze. Shorts have been to negative in calling for cheaper oil. IT DIDNT happen. Now with oil rising they must exit. Some were so blatantly wrong calling for 20 dollar oil. The press have hit oil with negativity and lies for the last 6 months taking it to unbelievable low buys for 18 month out doubles.
Same with the oil stocks. Oil and mineraldbhabe been destroyed.... Most funds must stay invested. I can't think of better places. Most stocks are fairly priced right now.....
Oil and material stocks are rallying
The have had some bullish guest.... Fast money last week , most of them liked oil also. WTI I'd close to 60 dollars and most can ride the storm. There. The small oil stocks will double
made the top gainer list. WTI OIL IS holding 59 . Its time to hold these shares and many of these speculation oil plays. When oil goes over 60 we should rocket. People will realize these can make it.