Wowza@kookieman:$Occidental(OXY)$ 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.
$Occidental(OXY)$ 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.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.