I am currently a Senior in college and have grown sick of reading dull finance textbooks (diminishing returns are in full effect). As a result I have ventured into the global equity markets and the "blogosphere" to learn about current and future profitable investment trends (think of me as a "blog of blogs" site). I figure that reasearching and writing about investment trends will help solidify them in my mind and maybe help some people.
XOM will report a miss, writedown assets, and cut their stock repurchase plan on Friday. It will be a glorious sight to see.
I am now on the record. If I am wrong I will lose egregious amounts of money via my position in DUG. However, my bearishness on XOM and its pathetic peers will be vindicated.
I agree with your position that the big boys are getting set for a fall, but what about the small refiners and infrastructure plays, BJS, XCO, CLR, COG, etc., etc.? I'm getting an itchy trigger finger to buy in that sector b/c most are just passing their 50 EMA (course I'm waiting for the next pullback to get in).
Senior attending Cal Poly University in San Luis Obispo, CA. Majoring in Finance and Accounting.
I was born and raised in the Bay Area (San Jose) and hope to use my degree to work in the world of corporate finance.
In my free time I enjoy sports, hanging out with friends, and of course learning about the global financial markets.
3 comments:
Why will Friday be glorious?
Glad someone asked :-)
XOM will report a miss, writedown assets, and cut their stock repurchase plan on Friday. It will be a glorious sight to see.
I am now on the record. If I am wrong I will lose egregious amounts of money via my position in DUG. However, my bearishness on XOM and its pathetic peers will be vindicated.
Thanks for answering my question.
I agree with your position that the big boys are getting set for a fall, but what about the small refiners and infrastructure plays, BJS, XCO, CLR, COG, etc., etc.? I'm getting an itchy trigger finger to buy in that sector b/c most are just passing their 50 EMA (course I'm waiting for the next pullback to get in).
Thoughts?
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