VKIN - Oil Stocks Ripe for Santa Claus Rally as Market Looks Past Omicron (COP CEI OXY SLB XOM SM OIH XLE)
The Oil market has rebounded 8% from its lows recorded Monday mid-morning after reports of the Omicron variant exploding in major developed markets hit the wires. The rip since that point has likely reinforced the standing narrative for oil, which was nailed into place by Goldman Sachs and Bank of America last week. That view […]
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Oil Stocks Ripe for Santa Claus Rally as Market Looks Past Omicron (COP, CEI, OXY, SLB, XOM, SM, OIH, XLE)