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ronin


Total Posts: 546
Joined: May 2006
 
Posted: 2020-03-17 13:18
Quite apart form the Saudis and the Russians, all energy is as low as it has ever been.

Henry Hub spot ended 2019 lower than 1999. Various European powers ended 2019 at little more than half their levels in 2018. Etc.

And this was before any of the recent upticks in volatility.

"There is a SIX am?" -- Arthur

nikol


Total Posts: 971
Joined: Jun 2005
 
Posted: 2020-03-17 18:25
Notice that already few years there is global shift from Oil to Gas.

First call was in 2014. Since then major (state/pension) funds started to dump oil-related stocks and all that "Global Warming" stance started to emerge. Now is second call.

Electricity is winning. EV on the battery wins gasoline/diesel in the tank.
Gas is the cheapest way to generate electricity. Coal is also cheap, but it is "evil" now (seems true everywhere, except in Japan).

nikol


Total Posts: 971
Joined: Jun 2005
 
Posted: 2020-03-23 11:03
VIX 70%
CLK20 (MAY) IV ~ 200% ?
Some ~penny stocks reach to 500%

not good.
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