Liberty $LBRT reports Earnings Tues. But $USOIL Is Bed-crapping
A great earnings report by Liberty may be mitigated in effect by $USOIL falling below 39/bar as of just before this week's market opening.
The overall weakness of oil could cap any rises LBRT may have incurred from a potentially good earnings report. That's a thought, anyway. There is nothing else to add to this. LBRT is down pre-market and it might be a time to enact a short-repositioning depending on how the overall market responds today to some ominous signs in future's (oil commodity especially) trading.
GL and what-not!
-BDR
The overall weakness of oil could cap any rises LBRT may have incurred from a potentially good earnings report. That's a thought, anyway. There is nothing else to add to this. LBRT is down pre-market and it might be a time to enact a short-repositioning depending on how the overall market responds today to some ominous signs in future's (oil commodity especially) trading.
GL and what-not!
-BDR
