fantasycurse42
Footballguy Jr.
Iran deal going to be announced, now the time for SCO?
Out at $81.68 for a profit of $296 or 3.9% after commissions.Bought 100 SCO @ $78.50
Why not hold longer depending on the Iran stuff? Mo money!Out at $81.68 for a profit of $296 or 3.9% after commissions.Bought 100 SCO @ $78.50
It was bouncing all over the place. I saw it go from the open to $83 back to the open faster than I could get the sell order in. I'm happy with 3.9% in a day. Looks like it's about to close at about unchanged too. A wise man once said, don't let your winners turn into losers.Why not hold longer depending on the Iran stuff? Mo money!Out at $81.68 for a profit of $296 or 3.9% after commissions.Bought 100 SCO @ $78.50
Try buying DDD - Just not sure when to walk away from this one.Getting crushed on DTYS... Intend on holding for a long time, but painful to be down 10% in a month stretch.
Sold 2 at $2.05 right after this post. Bought to close at $1.27. I still don't think there's any way this stock cracks $70 anytime soon, but with earnings in a couple of weeks, between mining and the dollar, I just decided not to chance it and to take a quick couple of bucks.$2I can't help but wonder how far CAT really has to fall from here. Even with a bad quarter, is there 12% downside? Aug $70 puts @ $1.85. Would you hate owning CAT at $68.15?
I have 300 @ $70.79. Instead of selling this moring for a profit I went back to bed. Oof.Anyone thinking SCO before supply data? It has been running hard, and when the obvious surplus hits, could be a big drop.
Oil has been flying high... I can't see a different narrative from the supply levels this week. Debating a buy at $65-$66 right now before tomorrow.I have 300 @ $70.79. Instead of selling this moring for a profit I went back to bed. Oof.Anyone thinking SCO before supply data? It has been running hard, and when the obvious surplus hits, could be a big drop.
That's going to be the real trick.Oil has been flying high... I can't see a different narrative from the supply levels this week. Debating a buy at $65-$66 right now before tomorrow.I have 300 @ $70.79. Instead of selling this moring for a profit I went back to bed. Oof.Anyone thinking SCO before supply data? It has been running hard, and when the obvious surplus hits, could be a big drop.
Iran trades so much oil on the black market that being able to sell on the open market will have a minimal impact. It's not like they've just sat by and filled bathtubs waiting for sanctions to be lifted.That's going to be the real trick.Oil has been flying high... I can't see a different narrative from the supply levels this week. Debating a buy at $65-$66 right now before tomorrow.I have 300 @ $70.79. Instead of selling this moring for a profit I went back to bed. Oof.Anyone thinking SCO before supply data? It has been running hard, and when the obvious surplus hits, could be a big drop.
I'm reading that when the sanctions on Iran (if) are lifted it will have a negative effect of $5-15 per barrel. I guess we'll see. Funny thing is I REALLY want to make a significant purchase and go long oil.
Out at $73.22 for a profit of $701.00 3.4% after commissionsI have 300 @ $70.79. Instead of selling this moring for a profit I went back to bed. Oof.Anyone thinking SCO before supply data? It has been running hard, and when the obvious surplus hits, could be a big drop.
Have 200 at $70.10... Still holding.Out at $73.22 for a profit of $701.00 3.4% after commissionsI have 300 @ $70.79. Instead of selling this moring for a profit I went back to bed. Oof.Anyone thinking SCO before supply data? It has been running hard, and when the obvious surplus hits, could be a big drop.
Say they hike rates this Summer, aren't we realistically looking at them going to what maybe .25% and if there is any slowdown we stay at that for an extended period of time? I don't see rates taking off, it would kill a lot of people/businesses with debt out there, just curious what you all think.fantasycurse42 said:The ####### markets piss me off so much... Yields should be jumping right now as a majority of the Fed were noted to saying they would be in favor of a June hike... Even if that doesn't happen, it is coming. How come I am the only one seeing this
This is the messaging I heard even though Yellin tried to massage it and everyone took it as extremely dovish. This is getting frustrating.
The charts show .575% revised down from like 1.125%... It'll be slow and steady, but the notes today confirm my mindset.Say they hike rates this Summer, aren't we realistically looking at them going to what maybe .25% and if there is any slowdown we stay at that for an extended period of time? I don't see rates taking off, it would kill a lot of people/businesses with debt out there, just curious what you all think.fantasycurse42 said:The ####### markets piss me off so much... Yields should be jumping right now as a majority of the Fed were noted to saying they would be in favor of a June hike... Even if that doesn't happen, it is coming. How come I am the only one seeing this
This is the messaging I heard even though Yellin tried to massage it and everyone took it as extremely dovish. This is getting frustrating.
Good luck. I don't think they really want to increase rates... what's the incentive.The charts show .575% revised down from like 1.125%... It'll be slow and steady, but the notes today confirm my mindset.Say they hike rates this Summer, aren't we realistically looking at them going to what maybe .25% and if there is any slowdown we stay at that for an extended period of time? I don't see rates taking off, it would kill a lot of people/businesses with debt out there, just curious what you all think.fantasycurse42 said:The ####### markets piss me off so much... Yields should be jumping right now as a majority of the Fed were noted to saying they would be in favor of a June hike... Even if that doesn't happen, it is coming. How come I am the only one seeing this
This is the messaging I heard even though Yellin tried to massage it and everyone took it as extremely dovish. This is getting frustrating.
Basically we need to try and get back to normal - you can't have everyone in risky assets bc there is no interest for savers, this isn't normal. If a slow hike and returning to normal is derailed by a slow steady set of hikes, then this whole rally is a mirage and we're all ####ed. If that is the case, I'd lose anyways, but if I'm correct, my upside in the next 12-18 months betting on rates going up is 30-50%
Not ####### retirees and older generations by making them invest their nest eggs in risky assets is the first thing that comes to my mind...Good luck. I don't think they really want to increase rates... what's the incentive.The charts show .575% revised down from like 1.125%... It'll be slow and steady, but the notes today confirm my mindset.Say they hike rates this Summer, aren't we realistically looking at them going to what maybe .25% and if there is any slowdown we stay at that for an extended period of time? I don't see rates taking off, it would kill a lot of people/businesses with debt out there, just curious what you all think.fantasycurse42 said:The ####### markets piss me off so much... Yields should be jumping right now as a majority of the Fed were noted to saying they would be in favor of a June hike... Even if that doesn't happen, it is coming. How come I am the only one seeing this
This is the messaging I heard even though Yellin tried to massage it and everyone took it as extremely dovish. This is getting frustrating.
Basically we need to try and get back to normal - you can't have everyone in risky assets bc there is no interest for savers, this isn't normal. If a slow hike and returning to normal is derailed by a slow steady set of hikes, then this whole rally is a mirage and we're all ####ed. If that is the case, I'd lose anyways, but if I'm correct, my upside in the next 12-18 months betting on rates going up is 30-50%
I'd get into this oil game instead... it's much more fun than the interest rates.
Out at $72.60 $480 profit after fees.fantasycurse42 said:Have 200 at $70.10... Still holding.St. Louis Bob said:Out at $73.22 for a profit of $701.00 3.4% after commissionsI have 300 @ $70.79. Instead of selling this moring for a profit I went back to bed. Oof.Anyone thinking SCO before supply data? It has been running hard, and when the obvious surplus hits, could be a big drop.
Bullard also expressed his continued frustration that financial markets are not pricing in the same level of interest rates as the Fed’s own projections. Fed fund futures suggest the first increase in rates will come in December.
siff talked me into keeping it.....let's watch this guy run!St. Louis Bob said:Vincesanity said:DDD with a nice day.
I made a note that $29.50 should be paid attention to... Thinking about getting in as it does appear to be well above.siff talked me into keeping it.....let's watch this guy run!St. Louis Bob said:Vincesanity said:DDD with a nice day.
Nice flip flop our your comments from less than a month ago, #######...Richmond Fed guy spoke yesterday too... I guess the market just doesn't believe them bc their comments are pretty direct IMO.
Four more speakers today:
Atlanta: Hawk, I expect comments that support a hike
Cleveland: Hawk
Boston: Dove
Vice Chairman: In the middle, curious what he has to say
If you were just trading $DDD I think there will be some important resistance around $34-$34.50. So if I were trading it (I'm not, I'm looking at a longer term play) I'd sell before it ever got up to $34 but around there.I made a note that $29.50 should be paid attention to... Thinking about getting in as it does appear to be well above.siff talked me into keeping it.....let's watch this guy run!St. Louis Bob said:Vincesanity said:DDD with a nice day.
Also, what about FEYE?