'I didn't really touch oil': New day-trader Dave Portnoy has steered clear of the 'Wild West' oil market. Here are the sectors he deems too risky to invest in. | Currency News | Financial and Business News | Markets Insider

in April due to plummeting demand for the commodity and on extremely scarce storage facilities, particularly at a key hub in Cushing, Oklahoma. BB-energy bought 250,000 barrels of oilBut Portnoy said:"I paid, I have a couple of my watch list, like an OAS [Oasis Petroleum, a Texas-based fracking firm] stock, which can be up 30% one day, down 30% the next. I invested very little in it.

Portnoy said he expects the big 4 US airlines to post lower earnings, but still plans to hold airline"Like I'm not day trading, really the airlines, I bought them. I'm holding them eventually, they're going to have earnings. I know that's coming, but I'll just hold them right through. And I don't expect them to have good earnings. I mean, how could they, but I don't think that matters," he said.

Why. Does. This. Tool. Have. A. Platform. Stop feeding into this insanity you dummies

really?

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs: List of energy stocks to buy as oil markets recover - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The Establishment (Golman Sachs) gives advice 🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »