IMO, recent trading is all about short-termism & affects many stocks in this sector - it appears a small number are dictating daily activity & little credit is being given to well managed businesses such as Senex who are forming strategic alliances to spread the risk without sacrificing too much of the upside rewards!
Little appears to be reflected in the SP regarding the widely expected higher prices to come as exports will increasingly dictate terms!
SXY Price at posting:
69.5¢ Sentiment: Hold Disclosure: Held
