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>Oil is taking a huge crap and is trading at ridiculously low levels
>XOM hovers near ATH while Chevron is taking a small dump
How is XOM this bloody strong? I don't get it. Their profits relative to 2022 and 2023 are going to be lower yet it has a higher valuation?
Chevron is at least taking a small dump but what the hell... a lot of oil stocks are hovering near ATH levels despite oil cratering.
Also, isn't NVDA trading at a pretty alright level now? Given their insane forward PE, I would actually say it's pretty cheap relative to everyone else.
And why is AMAT doing so much worse than Texas right now? What the hell even is this market?
Also gotta love that both ISM price indices came much higher than expected. Nah bro, inflation/price gouging ain't real bro
