Largest oil drop in history underway, analysts say

[petros]

Its another Sunday. Maybe time to sit back and take another look at what has happened since January 01.
DOW JONES started the year at 28,800 and is now at 19,174 down about 33%
TSX started the year at 17,100 and is now at 11,852 down about 44%
GE started the year at $11.93 and is now at $6.52 down about 45%
Teck resources started the year at $22.68 and is now at $10.12 down about 55%
Tesla started the year at $430 and is now at $427 down less than 1%

Which year? Fiscal or calendar?

 

[pgs]

Its another Sunday. Maybe time to sit back and take another look at what has happened since January 01.
DOW JONES started the year at 28,800 and is now at 19,174 down about 33%
TSX started the year at 17,100 and is now at 11,852 down about 44%
GE started the year at $11.93 and is now at $6.52 down about 45%
Teck resources started the year at $22.68 and is now at $10.12 down about 55%
Tesla started the year at $430 and is now at $427 down less than 1%

So short of material that you post on multiple threads ? Well rounded I see .

 

[Hoid]

So short of material that you post on multiple threads ? Well rounded I see .

i think its important that everyone take a look at the numbers.

where has capital been surviving the onslaught?

Not in the stocks that are considered safe bets and safe havens.

 

[petros]

Lets look at the fiscal YTD

 

[Avro52]

Its another Sunday. Maybe time to sit back and take another look at what has happened since January 01.
DOW JONES started the year at 28,800 and is now at 19,174 down about 33%
TSX started the year at 17,100 and is now at 11,852 down about 44%
GE started the year at $11.93 and is now at $6.52 down about 45%
Teck resources started the year at $22.68 and is now at $10.12 down about 55%
Tesla started the year at $430 and is now at $427 down less than 1%

The stock I’m referring g to is below $2 per share and will most certainly return to 10 to 12 per share and they do pay out a dividend. But hey, you buy 10,000 shares of Tesla and see how that works.

 

[petros]

https://oilprice.com/Energy/Crude-Oil/Saudi-Arabias-Oil-Price-War-Is-Backfiring.amp.html

 

[Hoid]

The stock I’m referring g to is below $2 per share and will most certainly return to 10 to 12 per share and they do pay out a dividend. But hey, you buy 10,000 shares of Tesla and see how that works.

Hey, I am not going to be buying any stock any time soon.

But as I have already said - if I was going to be throwing money into a falling market I would be throwing it into Tesla.

The numbers are the numbers

 

[Hoid]

Dow futures have already hit limit down for Monday morning.

Looking like thousand point down opening.

Buying stocks?

Why not just take a bunch of money and set it on fire?

 

[Avro52]

Dow futures have already hit limit down for Monday morning.
Looking like thousand point down opening.
Buying stocks?
Why not just take a bunch of money and set it on fire?

It’s not a buyers market. It will be before the 3rd quarter though.

 

[Avro52]

https://oilprice.com/Energy/Crude-Oil/Saudi-Arabias-Oil-Price-War-Is-Backfiring.amp.html

Demand isn’t helping either, although China is getting thirsty again.

 

[petros]

Dow futures have already hit limit down for Monday morning.
Looking like thousand point down opening.
Buying stocks?
Why not just take a bunch of money and set it on fire?

Because inflation is going to eat your money. Money is dead weight. A 68 cent dollar when buying buddy. Are you loopy enough to invest in Canada?

 

[Hoid]

Crude market teetering on the brink again today.

Not sure how much more government support they can hope for. It is possible oil will have to learn to survive in a free market.

 

[Hoid]

11:52 am CST 23/03/2020

Western Canadian Select
7.230 -31.21%

 

[Hoid]

Crude market teetering on the brink again today.

Not sure how much more government support they can hope for. It is possible oil will have to learn to survive in a free market.

^This is the end of heavy oil in Alberta

At these prices there is no way it works

 

[petros]

Lol...

Grade School for Hymie followed by a quiz.

Central Alberta 13.13 -3.28 -19.99%(12 Hours Delay)

Light Sour Blend 16.88 -3.28 -16.27%(12 Hours Delay)

Peace Sour 12.63 -3.28 -20.62%(12 Hours Delay)

Syncrude Sweet Premium 21.63 -3.28 -13.17%(12 Hours Delay)

Sweet Crude 18.38 -3.28 -15.14%(12 Hours Delay)

US High Sweet Clearbrook 21.38 -3.28 -13.30%(12 Hours Delay)

Midale 13.13 -3.28 -19.99%(12 Hours Delay)

Albian Heavy Synthetic 21.38 -3.28 -13.30%(12 Hours

Hymie, what is the difference between sweet, sour, bitumen and heavy oil?

Which is priced the highest and why?

 

[B00Mer]

^This is the end of heavy oil in Alberta
At these prices there is no way it works

Don't be so happy, without Alberta transfer payments you may get a cut in your welfare payments :lol:

 

[taxslave]

Crude market teetering on the brink again today.
Not sure how much more government support they can hope for. It is possible oil will have to learn to survive in a free market.

Is there any possibility you might learn something about a subject before posting garbage?

 

[petros]

Don't be so happy, without Alberta transfer payments you may get a cut in your welfare payments :lol:

BC doesnt get. PQ and eastward.

 

[spilledthebeer]

The question is weather it is cost effective. We could run a cable under the ocean and sell power to Asia but it would not be cost effective.

Have you not noticed that hemerHOID PREFERS things that are NOT COST EFFECTIVE!


It is part of his Trump derangement Syndrome! And it is fueled by LIE-beral ENTITLEMENT!

 

[Hoid]

^This is the end of heavy oil in Alberta

At these prices there is no way it works

I actually misspoke here. It is the end of all heavy oil.