A 4% drop in STO is only temporary IMHO. Inventory reports can swing wildly, US inventory data has been all over the place and the latest report is in my view inconclusive. Remember President Trump was initially supportive of pipelines but TransCanada has hardly got a head of steam up and I think the oil sands and other players r just getting pent up production out of their system. As a referee, umpire or head linesman, I would call a flag on the play and halt the game to undertake more analysis.
STO will come back when POO rebounds after the bears suffer an exhaustion gap so if I had all my stock in QAN, AIZ, SYD, AIA, TCL, CTX, APA, AGL, ORG, TLS and SPK, I would have my moment of shining in the sunshine until STO is needed and goes into vogue once more.
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9 | 295156 | 6.900 |
11 | 303505 | 6.890 |
4 | 129828 | 6.880 |
Price($) | Vol. | No. |
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6.940 | 107742 | 9 |
6.950 | 424616 | 27 |
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