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To: grey_whiskers

When this all ends, like Florida 2000, it will be like Occom’s Razor to us all.

The end of this can’t come soon enough though.

Ya know, global petroleum stocks are collectively up 22% since the election? The Nasdaq meanwile up less than 4%. What does the market know that we don’t?

If Biden does win, I trust him, he’ll gut oil like Obama did in Coal. So, why are domestic and international oil stocks leading the market?


569 posted on 11/17/2020 4:50:19 PM PST by Professional ( )
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To: Professional

So, why are domestic and international oil stocks leading the market?

I am guessing it is because they expect less competition (Biden) to keep prices high.

576 posted on 11/17/2020 4:54:03 PM PST by Ymani Cricket ( "Pressure Makes Diamonds" ~General Patton)
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To: Professional

If Biden does win, I trust him, he’ll gut oil like Obama did in Coal. So, why are domestic and international oil stocks leading the market?

He'll gut American oil production, leading to oil price spikes, leading to larger profits for oil companies.

585 posted on 11/17/2020 5:02:41 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: Professional

He’ll gut US oil, and get the US relying more on foreign oil like in the past. In return, they’ll give Hunter a job somewhere and the big man will get 10%.


670 posted on 11/17/2020 6:34:21 PM PST by meyer (WWG1WGA, MAGA! Derps vs. Patriots, choose your side.)
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