In bear markets stocks fall to unimaginable levels

[Nine_Ender]

There should be much more to go. We are not in Recession yet!

A huge portion of markets is already pricing in a Recession. In some cases it's way overdone. I'm looking at some more energy earnings reports tonight the stocks are ridiculously cheap even though they've rebounded fairly well since the summer.

 

[maxinger]

In bear markets stocks fall to unimaginable levels

--->

In bull & bear markets, some stocks rise & fall to unimaginable levels


AMZN rose very massively from $5 to 188

AMZN falls from $188 to 89 to ...

 

[Nine_Ender]

The time to buy energy stocks was when oil was at -$36. Easiest trading signal ever was that XOM was probably not being priced rationally with oil at -$36.

I am almost ready to trade my XOM for beat up tech but that div yield is tough to let go of.

Bank stocks can only really grow through acquisition at this point and there is so much redundancy it is absurd. Mortgage banking is shot here. Total over capacity with commercial banking that is going to need to size down.

GOOG at $65 is exactly what I am hoping for.

Cdn energy stocks are volatile enough to have presented several really good trading cycles since March 2020. They have outperformed international energy plays especially the junior and mid caps. We are in another nice trend up the last month or so. Earnings Q3 really, really good for most of them. Best kept secret in trading really from 2020-2021.

 

[Nine_Ender]

In bear markets stocks fall to unimaginable levels

--->

In bull & bear markets, some stocks rise & fall to unimaginable levels


AMZN rose very massively from $5 to 188

AMZN falls from $188 to 89 to ...

In the 2022 "bear market", here are the ytd performances of some of my energy plays. Remember, these firms did even better in 2021.

ATH +135%, BTE +94%, CVE +77% ( large cap ), CR +113%