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Message: What a day!

What a day! Obviously, it came as a surprise. I kind of used to see the stock market reacting more to negotiations between Ukraine and Russia rather then actual market fundamentals.

 So it was powerful news benefiting all LAC stockholders. As a consumer – I wish emergency power would allow more oil development at least while we are all experiencing gas /oil shortages.

  I remember a good discussion about option selling a few days ago. Yes, it is tricky to sell “calls” in this market.

 Personally, I do little trading: sell high, buy low. I allocate a small portion of my portfolio, so I always have plenty of  LAC just in case.

 The chart is just as puzzling with all dynamics. SP might run up a little tomorrow but if pullback does occur support is much higher now approximately $34.50 area.

 The previous support of $32 I mentioned did hold on Monday. So it is all good, higher highs and higher lows.  Go LAC.

  

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Mar 31, 2022 01:01PM
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Apr 02, 2022 02:49AM
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