We are Back, Baby
Market not buying the oil price moves yet. Oil up 10% in a month and XLE down 2%, XOM down 5%.
Spring is coiling here. I added some XOM leaps yesterday (cheap vol).
The market is still watching the 2025 models predicting surplus. I hope to dig into these reports further this week. Retail also expects, "drill, baby, drill." Production is a different business when operating within cashflow
Market not buying the oil price moves yet. Oil up 10% in a month and XLE down 2%, XOM down 5%.
Spring is coiling here. I added some XOM leaps yesterday (cheap vol).
The market is still watching the 2025 models predicting surplus. I hope to dig into these reports further this week. Retail also expects, "drill, baby, drill." Production is a different business when operating within cashflow