you have to work for an oil company to have any idea what this is going to do.....😝
And I left the shale frackers behind. Too market manipulated everyday. Can't catch the insider positions day trading SWN or CHK. They have a spread on puts to make money selling shorts. Then drive the price up after blasting out investments on margin calls below 5% weekly. Nice con game.
cutlers out again!
can someone explain, why gas goes up %5 and this goes up %1?
United States Gasoline Fund NYSE $UGA Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.9 In other words, the correlation coefficient of the other stocks
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just broke the 200 MA. could be a fake out but sometimes these are self fulfilling prophecies. Everyone talking about how oil has turned the corner. Maybe a pullback here but my feeling is long soon after.