Expect Tax Loss Selling In Energy Stocks Before End of Year
Energy sector stocks have not broken their August lows yet, despite the fact that crude oil is lower than it was in August.
Energy stocks as a ratio of crude oil are massively overvalued and now they're starting to cut dividends:
It's obviously a reason to buy energy stocks...
Energy stocks / crude oil:
Doh!
It's called 'short-covering' a necessary and obviously sufficient condition for collapse...
What happens when the dividend gets cut...
When you look up the word "sumamabitch!!!" this is the chart you see...
This is what happens when a stock appears in an article saying the dividend might get cut:
Oil with oil volatility: "What, me worry?"
