Originally Posted by
MtnPeakCruiser
Wow, why are you on APC instead of auditioning for your own "Mad Money" show?!
So the stock market is effected by supply and demand? I had no idea. I also had no idea that oil companies, Wall Street investors, or any other special interest group have no interest in the presidential election outcome - that's a relief!
I always thought (in agreement with many published analysts) that equities tend to drop in the end of a president's term.
Here's one article, this author obviously is a moron. Maybe you can help get these people fired, I have faith in your resourcefulness.
[URL="http://www.cnbc.com/2016/01/13/why-markets-tend-to-fall-during-a-presidential-election-year.html"]
And this fellow is predicting "an overdue" rise in oil prices after the 3rd quarter but not because of some huge surge in demand that means "business is good and everyone prospers" or "strife and restricted demand." Instead, he notes that massive consolidation and huge production cuts in the U.S. oil market, and the continually increasing import of foreign oil. What an idiot!
http://oilprice.com/Energy/Energy-Ge...Will-Rise.html
I'm glad I have you around to explain to me how fuel pricing works! I'm sure DrJekyll feels the same way!
Everything is affected by supply/demand, but in this case, I was referring to the price of oil, not necessarily the stock market in general which is much more tied to emotion than the oil/commodities market.
I can find you a dozen articles predicting the price of oil to rise/fall on a monthly basis, that's the beautiful thing about markets... the arbiter of truth is the price at the end of the day.
If you truly think oil is due to rise/spike then buy XLE and enjoy the ride, money talks, bravado walks (well unless your Trump).
Oil speculation is a tricky business (ask Delta mgmt about the $2+ Billion in hedge losses over the last few years) and the thing about blog/press opinions is their a lot like a-holes (everyone has one and most are pretty stinky).
Bottom line, it's all about risk, and if you tie your career to Frontier for some perceived oil price bump/Frontier IPO/Equity payout to make you whole then I hope the QOL and job satisfaction are great along the way.
I honestly hope it works out in spades for the pilots of Frontier and I hope they get a contract that makes a 2yr training contract obsolete, and makes the NK and A320 pilots around the world envious!