Is there a general consensus which oil stock is best to buy?
i.e. CRUD?
Prefer extra virgin myself
Is there a general consensus which oil stock is best to buy?
i.e. CRUD?
Known unknowns, the markets were firmly into irrational territory and were looking for a trigger to correct. The risk was there, plain to see. If it wasn't Covid-19, it would have been something else.
Hurts to admit someone on the internet was right doesn't it?Maybe some people can learn a little about making informed decisions about risk, instead of peddling this BS line that "no one could have predicted a crash".
I completely agree with you. Media outlets need to be adopting a more sensible and rational approach. The current methods are promoting fear, panic & mass hysteria which is reflected in the markets. Many people aren't thinking rationally and adopting a sheep mentality - follow the herd.
I would say never follow the herd by then it's too late. People on here have been wrong so many times. Mortgage interest rates, bitcoin and altcoins, stocks, etc.
Use your own brain and do your own research and go with what your gut is telling you.
Right now I'd say gold is a safe bet. Because interest rate being slashed twice within the same month shows show how much **** is about to hit the fan. That isn't a prediction that is a fact. Dump stocks, dump cash and buy gold. When the £ crashes more. Switch it back to cash for a profit and then back into stocks when they bottom out. This is a long play. Wait until the £ is at it's weakest before switching back. Probably be around August / September if not wait for Brexit it will tank hard if that happens we may end up staying in to save the economy.
There you guys have it. You guys said where was your post last time when I came on here to say I'm glad I cashed out weeks ago. I'm telling you what to do now before it happens. Obviously I already got my gold before the £ tanked so I'm already ahead of you guys again on this one but I see it playing out for a bit longer and the £ tanking hard.
So many people and businesses are about to go under. This is going to be annihilation within the business world. Food retailers will be the only thing left standing tall within the retail market possibly pharmacies too but I don't think you need anything apart from paracetamol which costs like 20p in supermarkets. I see BP and Shell asking for govt bailouts. They can't compete with cheap middle east oil.
Markets bouncing strongly now.
Dead cat?
wait for Brexit it will tank hard if that happens we may end up staying in to save the economy.
I'm sure parliament could pass a law saying due to the circumstances we want back in. In order to be stronger together. It's a possibility. Not saying it will happen that it could happen as this is completely unprecedented.
I would say never follow the herd by then it's too late. People on here have been wrong so many times. Mortgage interest rates, bitcoin and altcoins, stocks, etc.
Use your own brain and do your own research and go with what your gut
So many people and businesses are about to go under. This is going to be annihilation within the business world. Food retailers will be the only thing left standing tall within the retail market possibly pharmacies too but I don't think you need anything apart from paracetamol which costs like 20p in supermarkets. I see BP and Shell asking for govt bailouts. They can't compete with cheap middle east oil.
Took a punt on F1 shares start of the week.
No oil company is going to need government bailouts. Especially a Dutch one?!
You realise oil is owned by countries and IOCs get it out of the ground for them?
Can't be much worse of a punt than Cineworld which has bounced back 150% in 2 days despite closing all their cinemas?I swear some people on here are trolling.
I honestly can't believe people think buys like TUI, or F1 are even remotely sensible decisions.