Long oxy with majority of portfolio

19 Agu

Support has held once again, for now.

a 3rd failed breakdown suggests that were going higher.

trendline support.

Buffet likes the stock

Li Lu likes the stock

I like the stock

Daily MACD crossed up.

23 Agu

Catatan

I could post a chart of oxy, but i think it would be much more informative to just post a chart of inflation.

were primed for a 2nd wave here, and like the past, they are signalling a drop in rates too soon.

Not sure why they do not learn from their predecessors on giving into political pressures... but here we are again.

Powell will eventually be given the boot when we reach 12-16% inflation in the coming years.

Maybe to avoid this mistake next time they should imprison him to set an example.