Domingo Halliburton
Handmade in USA
Very likely. What was the CPI ex food and energy looking like?
.1% where the expectations were
Very likely. What was the CPI ex food and energy looking like?
@Futuristic Eskimo @Brady Hoke's Artery @Domingo Halliburton
why are XLE and oil stocks up so much today? The Canadians are fukking going haywire man i'll be mad as fukk if i miss out on getting in
word. i was wondering if the interest rate hike had an effect as well but the Canadians are going up even further.good question. I saw some people on twitter commenting on it. Maybe the feeling is it's oversold, it's the bottom here, market is up, I honestly don't know. A lot of oil execs have come out and said 50-55 is the bottom. How right they'll be I have no idea. Could just be a bear market rally after the washout.
Exxon and Chevron are up today probably pushing up the XLE. Investors like whatever deal XOM announced.
word. i was wondering if the interest rate hike had an effect as well but the Canadians are going up even further.
I mean shyt.
Penn West up 10% (they even slashed their dividend 75% today i think)
Crescent point up 12
Arc Resources up 7%
Baytech up 10%
Husky Energy even up 10%
Canadian Oil Sands up 6%
I'm hoping this is a headfake . Oil is up almost 5% I need it to stay low
I bought 1000 shares, was that stupid?boy these institutional buyers are loving TLM @ $7.55
I bought 1000 shares, was that stupid?
that might explain why a lot of the firms are up then. Less capex = Higher free cash flow.I just saw somewhere some quote saying all these Canadian oil companies are slashing Cap Ex for 2015 by 30-50% yet maintaining their production targets. Something isn't making sense there.
Yellen Claus came to town
edit: are they still going to say "considerable time" regarding interest rates in statement? How many days are we going to have to listen to pundits debate this phrase?
edit: kept the phrase and using "patience" as well
Cant be too specific because it limits your flexibility in dealing with any potential situations that pop up. It is almost impossible to predict what will happen 1 or 2 months down the road so what is the benefit in setting policy so rigidly?Its maddening, I can't belive we let the people who control our money be this vague