Whether the deal announced today between Saudi Arabia, Russia, Venezuela and Qatar makes any difference to the price of oil, it may assist in the long-run for getting oil production reduced and putting a bottom under oil prices.
Whatever the case, I moved ahead with my trade today in Exxon Mobil Stock. I laid out this trade yesterday in my 9 Trade Ideas article.
Exxon Mobil Stock Trade Alert – Feb 16 2016
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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