in case you havnt noticed
O&G sector is coming to life with oil price closing in on $90.
Shale gas sector BRU, NWE, AWE, WGP is opening the gate imo
but conventional O&G is yet to move much
A move to $100 will put the whole sector in demand again.
Nov I think has been traditionally strong month for O&G due to northern hemisphere heading into winter
sector rotation has featured strongly in last few weeks
gold-silver-Ree-Base Metal-Uranium
I think the trick is not to over-buy the hyped up sector
but to watch the one that hasn't moved much
and look for early signs of smart money getting set.
just an idea.
and I also think tungsten sector is one to watch. the price just keeps bully on, china cutting quota crazy, but it hasnt had the amazing sector lift like REE sector did. In time, people will realise tungsten should be about as bully as REE
- Forums
- ASX - Day Trading
- daytrades nov 11 pre-market
daytrades nov 11 pre-market, page-6
-
- There are more pages in this discussion • 13 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online