The world is still addicted to oil. I will be adding XOM at $80. Just wait for a headline stating that there is no more oil, or the supply is running low, then you will get rewarded.
re: reuters.com/article/2015/07/20/us-markets-oil-idUSKCN0PU01X20150720
Ignore the news : "Oil futures fell on Monday and U.S. crude slipped below $50 a barrel intraday as ample supply, the prospect of more Iranian crude for export and a strengthening dollar combined to pressure prices ..."
re: reuters.com/article/2015/07/20/us-markets-oil-idUSKCN0PU01X20150720
Ignore the news : "Oil futures fell on Monday and U.S. crude slipped below $50 a barrel intraday as ample supply, the prospect of more Iranian crude for export and a strengthening dollar combined to pressure prices ..."
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.