At some point ... even a fairy tale is getting old once everyone
heard the story ... ;) .... I truly think we could see
Oil rising more and see a selloff / deep profit taking in oil
stocks ... lots of stuff is already baked in .... and
if there's a major selloff in stocks, it will probably induce some
selling in Oil stocks anyway ... gotta raise cash somewhere ...
while the commodity could keep going higher ....
that's a different beast ....
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ERY still monitoring
Posted by matt on 22nd of Feb 2022 at 11:36 am
ERY - Chart Link- I've tried to buy this a couple times over the last week, tried some this morning again
Update: ERY still monitoring
Posted by matt on 22nd of Feb 2022 at 01:35 pm
ERY - Chart Link- moved higher from my earlier post
Hey Matt, having a hard
Posted by shellson2 on 22nd of Feb 2022 at 01:53 pm
Hey Matt, having a hard time understanding why this ETF gathers strength in a rising oil/gas environment we are in the midst of…thx
ERY trades opposite to XLE
Posted by steve on 22nd of Feb 2022 at 01:59 pm
ERY trades opposite to XLE (energy stocks) not oil prices. Today XLE is trading lower (after early gap was faded) and thus ERY higher
Thank you for clarifying. The
Posted by shellson2 on 22nd of Feb 2022 at 02:17 pm
Thank you for clarifying. The real question is, why is XLE weak. No need to respond…. Thx Matt
intuition says energy priced this
Posted by tradesavage on 22nd of Feb 2022 at 02:30 pm
intuition says energy priced this in already, matt and steve been talking ery for a few weeks, big coil.
At some point ... even
Posted by mla127 on 22nd of Feb 2022 at 01:58 pm
At some point ... even a fairy tale is getting old once everyone heard the story ... ;) .... I truly think we could see Oil rising more and see a selloff / deep profit taking in oil stocks ... lots of stuff is already baked in .... and if there's a major selloff in stocks, it will probably induce some selling in Oil stocks anyway ... gotta raise cash somewhere ... while the commodity could keep going higher .... that's a different beast ....