Suncor Energy Stock | Energy stocks bottomed on Friday?
Today I want to circle back to Suncor Energy stock, on Friday energy stocks put in a wild reversal to finish the day green after a brutal start. The question, has energy stocks bottomed on Friday?
On the channel, we have been discussing the possibility of no stimulus as the Dems have no incentive to do a deal until post-election. Both parties are fighting over granular details until this even when Trump called on Reps to roll back negotiations. This is certainly a HUGE risk I've been considering over the past few weeks, however, with heightened tensions across the Middle East and Asia as well as supply-side constraints, the fundamentals might outweigh those concerns.
Energy stocks have taken a beating over the past few months and right now represents decent value to me.
As always these charts and analysis are laid out for educational purposes only, please do your own research before investing.
Have a great day!
---------------------------------------------------------------------------------------------------------------------------
To view my portfolio (RobertMERC): https://bit.ly/2XOPSii
Learn Elliott Wave: https://amzn.to/32dTpcK
Join eToro for commission free trading (affiliate link): https://bit.ly/2DLLXw6
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---------------------------------------------------------------------------------------------------------------------------
DISCLAIMER: Do your own research, all price targets are set out as educational purposes only.
Видео Suncor Energy Stock | Energy stocks bottomed on Friday? канала The Popular Investor
On the channel, we have been discussing the possibility of no stimulus as the Dems have no incentive to do a deal until post-election. Both parties are fighting over granular details until this even when Trump called on Reps to roll back negotiations. This is certainly a HUGE risk I've been considering over the past few weeks, however, with heightened tensions across the Middle East and Asia as well as supply-side constraints, the fundamentals might outweigh those concerns.
Energy stocks have taken a beating over the past few months and right now represents decent value to me.
As always these charts and analysis are laid out for educational purposes only, please do your own research before investing.
Have a great day!
---------------------------------------------------------------------------------------------------------------------------
To view my portfolio (RobertMERC): https://bit.ly/2XOPSii
Learn Elliott Wave: https://amzn.to/32dTpcK
Join eToro for commission free trading (affiliate link): https://bit.ly/2DLLXw6
Where I research stocks (affiliate link): https://finviz.com/?a=287727003
Use Coinbase to buy Bitcoin and receive $10 of BTC (affiliate link): https://www.coinbase.com/join/arrasa_2
---------------------------------------------------------------------------------------------------------------------------
DISCLAIMER: Do your own research, all price targets are set out as educational purposes only.
Видео Suncor Energy Stock | Energy stocks bottomed on Friday? канала The Popular Investor
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