Are not near the workers but they have evacuated them for now. If these fires are contained soon these stocks along with oil give much of this back. Don't get sucked in by Goldman's traders they will be selling by later today. How clever they saw the two news stories and slap a buy on CLR with a much higher target yet they are bearish on oil.
Under $10 soon maybe today? We have a slightly stronger dollar now and if oil gives up most of what may be temporary gains on disruptions I think we see the markets go red and AA under $10 possibly later. Let's see how this plays out by the close.
My eyes hurt.
Bet you this is Goldman's traders playing with this in addition to pro traders for now. This will fade by the close I think.
Stock is flying they are playing the oil disruption which most likely is temporary. Almost a 14% move this stock was under $34 yesterday now approaching $40. To me this makes little sense for now this is more about shorts covering I would guess.
Today's move is insane I would guess it's Goldman more than oil being up big that may not last since disruptions may be temporary.
Oil up huge on the fires and Libya but I doubt it holds after a few days. Who is buying over $37 in the pre market? I doubt it hold by the close but we'll see.
Oil is up an insane amount on the fires in Canada and Libya but I cannot imagine it will hold for too long . They can spin this MRO quarter any way they want it still stunk but for now everything energy higher. I would not touch any of these at these levels fearing oil will be back down in a few days. I bought a little DVN yesterday I am running on any bounce after the open. Just sold a nice amount of CHK at $6.38 from buys yesterday. This oil thing will fade soon but the markets will go negative after the first hour. Good Luck!
Revenue was a bit above so this will be a tug of war tomorrow. I think it just goes back and trades like the energy stocks do following oil but lately they have been hit with much profit taking. I think almost all of these stocks got ahead of themselves and much of the upward move was short covering and not really fundamentals. I don't think the market selling is done yet so they may drift lower still.
This cannot get out of it's own way despite a slight uptick in markets. Maybe insiders know of a downgrade tomorrow that's what this smells like. From $12 plus to $9.80 in a short period of time.
The market loved their report with oil up early then a huge reversal as oil dropped after the inventory number. I have a feeling we might see a similar reaction to CLR's numbers. Profit taking across the sector again after the sector was higher earlier.
You are truly believing a split of two questionable businesses in a slow global growth environment will work. Of course we can all believe Cramer and his comments of China and Europe showing signs despite what their markets are saying. Sell in May is here Good Luck!
It was the oil inventory number that pushed everything lower again. OIL is still running the show for now.
Once again OIL is running the show market attempted to get flat and we had a bigger build in oil inventories now oil has retreated along with markets and even GRPN after looking so good early.
We had a disappointing ADP jobs number today resulting in a weaker dollar oil up early however a larger build in oil inventories and down the market and energy stocks go along with AA. There is still time to lock in your profits here before it's under $10. OK let the attacks begin and do not say you weren't warned. Profit taking is now continuing in in materials and energy. Good Luck!
Sadly 4 lives lost there....do we have a final figure on Iraq or is it a running total? She stinks Trump stinks and all politicians lie and cover up but do not even compare her as Sec of State to Condi Rice who knew 9/11 was on the way. Of course while minority citizens were floating in the streets of New Orleans she was shopping for shoes on Lexington Avenue and clubbing in NYC.
Inventory number +2.8 mb when a 556K was expected and down we go....for now. I really want to see if CLR has managed their business better or if the losses are greater than the estimates.