Stan Majcher, Hotchkis & Wiley Mid Cap Fund portfolio manager, joins ‘The Exchange’ to discuss gasoline futures and America’s role in oil production. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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11 Comments
I am holding on to my oil stocks
Just wait till 2023.
Right now im trading the drip and making a little money but at some point soon im probably going to get in oil again. This winter is uncertain so long as the russian war is
Same here
Sold my xle,will buy back in when the market pukes in Jan 2023.
I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. i need to know how to go about it.
Although< I have interests in global economics I don't watch the news anymore… I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 23` btc from day trading with >Tobias Meylan Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish..
It would be good if permits actually WERE renewed and/or granted so the U.S companies really COULD produce rather than pres handing out fake threats, pretending the drillers DO have full permissionm etc. Well is dry & you need to move your rig? nope.
Sell Xom stock now or should I buy more?
Despite the economic downturn, I'm so happy☺️I have been earning $60,200 returns from my $10,000 investment every 13 days
Oh yes……market manipulation at it's finest to drive down prices, but just give it time. SA will get sick of it and turn the screw down to let everyone know they control oil prices. Just wait…..it's coming!