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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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.
Why such a high evaluation when they run in the red??
Glut to last into 2018 easily.....
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Why CXO drop 90% on CNN at premarket?
Big money sucked retail fools by telling them glut was gone. Fools were buying CXO at 130. just last week. CXO was 130 (52 week high) when everything looked up more than 14 months ago. No shortage of fools
CXO priced to delusional levels as it loses millions. Oil producers are setting up for a collapse in stock prices :XEC CXO NFX COG & CLR priced to $80-$110 dollar oil as oil will begin a decline after the 4th of July below $40 again. It would be cut in half
This one could be set to explode.... PRHL is the stock to keep an eye on. Deregulated energy play that has had some massive press over the past few weeks. Already showing signs of a breakout. PRHL could be huge
RETAIL FOOL GOT SUCKED INTO FAKE CRUDE RALLY. now hold the bag. Crude going back to 20s