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Shale Stock Shambles

Tyler Durden's picture




 

Despite the exuberant surge in crude oil prices (as Yemen-Saudi tensions rise), Energy stocks are tumbling off the opening squeeze. In a delayed reaction, Shale stocks are now all in shambles as Einhorn's presentation seems to be sinking in...

 

Energy stocks have decoupled from oil prices...

 

Led by Shale Stocks...

 

If we were conspiratorial, we would suggest that this morning's epic ramp in crude was 'designed' to squeeze shorts at stock market open allowing the big boys outs in the face of retail shorts.

 

Charts: Bloomberg

 

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Tue, 05/05/2015 - 13:19 | 6062521 ZippyBananaPants
ZippyBananaPants's picture

who cares?  Where is the video of the grandma on the uneven bars?

Tue, 05/05/2015 - 13:23 | 6062531 Philo Beddoe
Philo Beddoe's picture

This can only mean that Silver needs to be crushed. 

Tue, 05/05/2015 - 13:26 | 6062539 Vergeltung
Vergeltung's picture

Zzzzzzzz

Tue, 05/05/2015 - 13:29 | 6062553 KnuckleDragger-X
KnuckleDragger-X's picture

Free crack for everyone. If you never bother with reality, you never have any problems...or something like that...

Tue, 05/05/2015 - 13:47 | 6062624 DetectiveStern
DetectiveStern's picture

This guy has got it sussed. Sit in a cave and meditate for 200 years.

http://www.independent.co.uk/news/world/asia/mummified-200yearold-monk-f...

Tue, 05/05/2015 - 13:33 | 6062575 fascismlover
fascismlover's picture

Good...less earthquakes..oil is going away anyhow.  The future fuel is Nickel and Lithium and I don't mean in a battery.

Tue, 05/05/2015 - 13:35 | 6062583 HeavydutyMexica...
HeavydutyMexicanOfTheNorthernKingdom's picture

YeeeeHaw Bitchez~

Tue, 05/05/2015 - 13:44 | 6062616 MFL8240
MFL8240's picture

What kind of a Goverment allows a Foreign Country to bankrupt their energy industry?  I as so sickened by this OIS and what he has done to my country. 

Tue, 05/05/2015 - 16:49 | 6063229 sun tzu
sun tzu's picture

The kind that prints $4 triilion to fund projects that are all cash flow negative even with oil at $110. The shale industry is a ponzi scheme that has been bankrupt since the beginning.

Tue, 05/05/2015 - 13:52 | 6062641 mt paul
mt paul's picture

Hail shale

 

another green shoot

writhers on the vine...

Tue, 05/05/2015 - 15:57 | 6063060 wrs1
wrs1's picture

Is Cushing full yet?  When will oil be at $20?

Tue, 05/05/2015 - 16:52 | 6063241 sun tzu
sun tzu's picture

Keep buying those shale oil companies that were cash flow negative with WTI at $110. Brilliant investments. LOL!!! I hear Sandridge is a great opportunity now. Earnings don't matter. Cash flow doesn't matter!!!

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