Oil price at $51.47, up from the recent $47 level. Inventories down, and OPEC confirms to keep production cuts for 9 more months. CVX sit and goes nowhere in a ridiculous range at and around ....106. Time to give up on this dog.
Piece of #$%$ company!
Summer months coming which means oil inventory should drop (especially under the OPEC cuts), which may help balance demand and supply to drive oil prices back over $51-$55 and In effect energy stocks lagging the market. Buying opportunity on next leg down....does anyone think CVX will participate of continue to lie flat or go down....or is there a better play. I am not confident in CVX anymore to continue to hold or average down.
Sell this garbage! It will take you down!
NOTHING TO DO WITH OIL PRICE PPS CONTROLLED BY OPTIONS SOLD?
CVX X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0 In other words, the correlation coefficient of the other stock
Oil market rallies today, Oil prices closes up near $49, OPEC and Russia agree to extend production cuts....yet CVX cannot hold onto their gains and losing steam giving back almost all of their gain today? Does anyone think we get to $110 level give a "Thumbs Up" or hit under $100 first give a "Thumbs Down"..
stay alert to $mat $ibm $amd...i see strong momentum for all these names this week
the move past $110 is due this week. could happen by wednesday..either way it's encouraging to see cvx respond like this
The street says that CVX is a Strong Buy or a Buy. So how come I never get out of the red? Waiing. waiting,....
Bought in at 106.10. Hoping it can break past 110
who manipulated OIL?
Abolish The Fed
Oils is still under 50 and battery cars are selling like hotcakes ! retailers restaurants warning left and right ! why is CVX green ? Check out Dennys,Groupon,Potbelly,Bojangles,Hanes Brands,etc
Sucker Sell _ great divy , good earnings and analyst upgrade of 140.00 . Look for a rotation out of way overblown tech into well oversold OIL