Of all US ๐บ๐ธ stocks leaning toward red, only oil ๐ข company like $Occidental(OXY)$is going green [Thinking] .
There're some not so good news [Speechless] :
1. I think I read a news regarding some FED wife make a statement about hiking interest rate to fight inflation until it is resolved... & just after the FED mentioned to dlow down the hiking [Sly] . Well, she is not wrong in my opinion as they can only choose between 2 : "Recession" or "Recession + Inflation".
2. Haiz...[Facepalm] +[Surprised] Putin sent weapons for Ukraine ๐บ๐ฆ for self defence purposes agreement only (No use to attack Russia country). However, what will Russia ๐ท๐บ take this as [Doubt] ? Will it lead to WWIII[Doubt] ? I'm not that sure if the agreement promised will uphold that well if Ukraine become overwhelmed with rage...[Thinking]
Hence, I think oil ๐ข may be a good opportunity to look into [Thinking] . Well, I think I won't be buying still as I've no much interest in it currently...
The price is very high now & it may go even higher crazily [Sly] .
$Occidental(OXY)$1Q22:
Revenue = +57.74%
Net income (WTH[Surprised] ) = +3439.73%
EPS = +1436.47% [Surprised] +[OMG]
No wondered Warren Buffett keeps buying it in the early stage... [Duh]
He'd DYODD already & predicted this will happen.
He was once again corrected, as expected from the "God of Stocks" [Sly] .
DYODD before investing [OK]
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Typo [Facepalm]