Grexit and Iranuke cancel each other out in terms of impact to the oil market??
For the July 2015 “>20%” monthly oil stock competitions, which oil stocks will have the greatest move for
(i) >20% gain?
(ii) >20% loss?
You may enter two stocks, one for (i) and one for (ii). More than one person may enter the same stock. The deadline for the July competition is midnight on Tuesday 30 June. Results will be posted on this thread asap after the July month end.
Good luck!!!!
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Very tricky to call this month:
1) Big moves may well be triggered by geopolitical issues, notably Grexit - and they will dominate everything else
2) Volumes are likely to be light, due to vacations etc
3) Balance sheet issues may well be key
I'm not aware of any companies with game-changing drilling in July (though haven't researched it either) - so I'm not going to make a pick in either direction. Perhaps staying stable is "the new up", for now?
