Oil is having its best trading day since June and many analysts are saying we say the bottom in at 38. Is this true? Can we call 'the bottom' in oil?
I'll say this - I don't know and neither do the analysts, but they are paid to say something, always say at least something - must fill those news headlines on social media and the newspapers (what few that remain).
Oil is having its day. Whether it's a 'broken clock is right twice a day' moment or for real, only time will tell. However, if you own oil stocks, you're feeling a lot better about your portfolio today.
I'll say this - I don't know and neither do the analysts, but they are paid to say something, always say at least something - must fill those news headlines on social media and the newspapers (what few that remain).
Oil is having its day. Whether it's a 'broken clock is right twice a day' moment or for real, only time will tell. However, if you own oil stocks, you're feeling a lot better about your portfolio today.