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 0.6 In other words, the correlation coefficient of the other stocks
Received an alert this am about $CXO from http://monstastocks.com/?s=CXO, you may want to take a look. Day trading investing. Mobil's maxim: bad regulation begets worse regulation.
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Stock alerts from the Monsta Stocks. Stock trading, making money and always looking for the next big money maker.
Lots of bagholders chasing these hyped oil stocks. CXO was trading higher than when oil was 80 and this company was profitable
Why has this thing gotten so bludgeoned in the last few days?
OIL keeps going up, CXO keeps going down. Reason? oil stocks are way above their fair value. They need 20-30% hair cut immediately. Crude ain't going anywhere but down. OPEC will probably cut half of what they have promised and US shale will be able to match that cut. Also, China can easily reduced 1mil a day import at these price levels. Get out of crude.