What the heck happened to oil & gas stocks?

Plus, a 200%+ short squeeze! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Good Morning! Welcome back, everyone. I’ve said for days that this is a highly news-sensitive market. Yet, some traders continue to trade based on technicals and price action alone. Don’t be that trader. There’s an advantage to knowing the ‘why’ behind a stock’s move. These days it’s about staying on top of the news. It doesn’t just impact stock moves to the upside. What about the news that causes stocks to tank … like oil and gas stocks did yesterday? Do you know why? And is the hot sector dead forever? Read on to learn the headlines moving stocks and the importance of following the news. Get the hottest breaking news delivered to you daily — [get StocksToTrade’s Breaking News Chat today]( What Happened to Oil and Gas Stocks? Oil and gas stocks have been hot for three weeks. But after the market opened yesterday, we saw a massive pullback in a lot of momentum runners. What happened? I think a lot of stocks got ahead of themselves yesterday morning — they were up too much. (Yep, I said it.) But the [Breaking News Chat]( team also alerted a lot of junk oil and gas runners as chat pumps: - Marine Petroleum Trust (NASDAQ: [MARPS]( - Imperial Petroleum Inc. (NASDAQ: [IMPP]( - U.S. Energy Corp. (NASDAQ: [USEG]( - New Concept Energy, Inc. (NYSE: [GBR]( And like nine out of 10 chat pumps, they all failed at the open. Now, I don't think we’ve seen the end of junk oil and gas runners. And I certainly don’t think it’s time to short any of these stocks… There are still oil and gas headlines every few hours. Yesterday the [Breaking News Chat]( was buzzing with news on the sector and the Russia-Ukraine crisis. [The U.S. banned Russian oil imports](. And Ukrainian President Volodymyr Zelensky announced he won’t insist on [NATO membership]( That would be a win for Russia. And some believe the concession could cause Russia to back off. That’s good news for the world. But when that news dropped, we saw a steep decline in oil and gas stocks across the board. And more news in another sector caught my attention... More Headlines to Watch Over the last two days, [nickel spiked over 200%]( in an incredible short squeeze. The volatility forced the London Metal Exchange to halt trading in its nickel market. And yesterday the [Breaking News Chat]( alerted Hycroft Mining Holding Corporation (NASDAQ: [HYMC]( as a mining stock gapping up in sympathy to soaring metal prices. HYMC spiked over 300%! Check out the chart… HYMC’s a super-low-float runner that traded incredible volume. And for the first time in over four days, IMPP wasn’t my top watch yesterday — it was HYMC. So I don’t care if oil and gas stocks get destroyed. We had some great trades in the [SteadyTrade Team](. If junk oil and gas stocks fail, I think more traders could pivot over to metal and mining plays. With so many opportunities in this market, you MUST pick your best stocks and setups. Use the right tools to help you hone in. Then stick to your trading plan and accept when you’re wrong. Don’t waste time and money trading the wrong stocks or holding losers. There’s so much opportunity in this market. But the news changes fast. Be ready to change with it. [Test drive Breaking News Chat today]( to get alerted to the hottest news and stocks by two former Wall Street pros. In this crazy news-sensitive market, it’s the best time to use it. Stay steady, Tim Bohen Lead Trainer, StocksToTrade sponsored [Watch this BEFORE 9:30am tomorrow!]( Have you seen what Tim Bohen has been up to EVERY morning between 9:29 and 9:30am? [If not, click here now because he’s getting ready to do it again.]( Do NOT wait until tomorrow to see this. sponsored [What’s the difference between you and millionaire trader, Matt Monaco?]( Every morning, Matt has access to a powerful suite of features to quickly find actionable trades- without spending hours researching. In fact, using these tools he is even able to find & make trades in under 1 minute! [>> CLICK HERE TO SEE HOW <<]( Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. 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