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RRC and SWN Today
Posted: Wed Nov 30, 2016 4:46 pm
by bearcatbob
In this big day for energy gassers like at least RRC and SWN got hammered. Does anyone have any thoughts as to why? CHK was up nicely.
Bob
Re: RRC and SWN Today
Posted: Wed Nov 30, 2016 10:05 pm
by dan_s
Today was all about money moving into oil because of the OPEC agreement. Tomorrow may be different.
Re: RRC and SWN Today
Posted: Thu Dec 01, 2016 5:39 pm
by bearcatbob
Well you were right - tomorrow - today - was different.
Re: RRC and SWN Today
Posted: Thu Dec 01, 2016 9:44 pm
by dan_s
These are large-caps and it takes a lot of buyers and sellers to move them. Wednesday was all about oil because of the OPEC agreement. Thursday's Ngas storage report reminded traders that winter heating season is about to get serious.
EQT is another gasser that I like. It is Robert Rapier's top pick.