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re: Oil stocks...are you buying?
Posted on 2/3/16 at 2:15 pm to LSU1NSEC
Posted on 2/3/16 at 2:15 pm to LSU1NSEC
I'm not sure where the dollar will go from here. It really depends on the Fed. Negative rates and other measures that cheapen other currencies are in place around the globe. At the same time, the Fed doesn't want to kill those countries by raising rates here. It'll be interesting for sure.
1
Posted on 2/3/16 at 2:16 pm to Omada
What a roller coaster! I managed to sell COP for a teeny tiny profit. I really think it will be red tomorrow after earnings and I'm sure a retreat in oil prices after today's 8% gain.
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