$130 oil price tolerance for the market/economy.
Posted: Fri Oct 22, 2021 4:47 am
A JP Morgan analyst has opined that the stock market could handle $130 oil and 2.5% 10 year US treasury bond yields.
He even suggests $150 oil need be survivable in the short-term. Without wishing to seem guilible, which of your small
cap oil weighted stocks is most leveraged to the upside from here? Do you consider Ring Energy to be a break-out
oil stock once it's $56 hedges drop off?
Thank you.
He even suggests $150 oil need be survivable in the short-term. Without wishing to seem guilible, which of your small
cap oil weighted stocks is most leveraged to the upside from here? Do you consider Ring Energy to be a break-out
oil stock once it's $56 hedges drop off?
Thank you.