Sunday, June 13, 2021

Off To The Races -- June 13, 2021

Updates

June 14, 2021: head fake? Nothing being reported today. 

Original Post 

Tomorrow should be an interesting day.  

See this post

Now this from our twitter friends. No one knows, but let the chatter begin.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

Last WTI quote: $71.21. Brent: $72.98. 

From twitter: this is a big one.

From replies: who can handle $10 billion besides CVX and XOM. And this is a $14 billion deal

Shoutout to buy-side bankers who managed to keep this quiet for all of a month.

Wow. 

OXY is the one to watch.

We need to go to 24/7 trading. This artificial 9:30 a.m. 4:00 p.m ET trading is ridiculous. I can hardly wait. Do I stay up all night, waiting, or go to bed early and get up at 5:00 a.m. to see how this begins to play out? 

OXY: Friday close, $28.33. Opened at $28.90. Traded in the red all day. Down 57 cents for the day, or about 1.9%.

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