$Occidental(OXY)$ Sometimes, "wishful thinking" by both bulls and bears, obfuscates what is happening right in front of our collective noses. From the news of world events and politics anyone can grab a hot ember to support their positive or negative outlook. What really matters is that with the onset of winter still a month away, a very short-lived correction and a key reversal has occurred in the stock price of OXY. Personally, I am not optimistic about the world singing "kumbaya" this winter and oil falls off the cliff. Ergo, both oil and OXY will trend higher into the next year.
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