I’m Up 0.20% for the day. Call my 1-800 number first stock tip is free !!!!Solid day in the market. Only lost 0.4% compared to 1.8% for the S&P. Reduced my cash position from 25% to 20%. VBIV, WTI, and oil storage were the key components to off setting 75% red in the portfolio today.
Just had the same thought.Wonder if futures are going wild because of Du Koo Kim's possible demise.
I’m Up 0.20% for the day. Call my 1-800 number first stock tip is free !!!!
Congrats guys. Gaining 2% on the market in a single day is a big win. Tread water for the rest of the year and you beat most fund managers. Repeat it several times and you retire a year earlier.I was up today too, 0.01%. LoL
Nothing the market quite hates more than uncertainty. This alone could have sent the market 5-10% off a year ago. Now we’ll rally. Heck, maybe oil can rally on this too.Wonder if futures are going wild because of Du Koo Kim's possible demise.
I'm not a macabre person, but the world will be a better place without that guy. And if the markets like it even better.Wonder if futures are going wild because of Du Koo Kim's possible demise.
Leaked interview with top North Korean surgeon.Wonder if futures are going wild because of Du Koo Kim's possible demise.
CYDY currently 58% short volumeHere is today's interview of Dr Otto Yang on MSNBC.
https://www.youtube.com/watch?v=CcUJqJ_Fr38&app=desktop
Here is Seeking Alpha's second article of the day about leronlimab. It goes into detail about the science of how leronlimab works.
https://seekingalpha.com/article/4338673-cytodyns-leronlimab-in-covidminus-19-debunking-short-thesis
In good times, passive investment is fine. In bad times, active investment is needed.It's fun how whenever the market is surging "nobody needs a stock broker", but as soon as things get dicey there certainly are certain guys in here who get tagged in a LOT of questions![]()
Eh, during a global pandemic is probably a less than ideal time for a power struggle in a country storing nuclear weaponsI'm not a macabre person, but the world will be a better place without that guy. And if the markets like it even better.
That's one way to look at it, another is that it gave us one last chance to sell before the plunge.Market is down a bit more than 1%. That isn't a crash. In fact, I'm pretty heartened to see the markets be so resilient with this huge oil dislocation we're seeing.
A ton of the tours postponed....and that is where they are...postponed, are not offering refunds. I have 4 concerts that all will undoubtably be postponed. Only one has officially postponed. No refund offered. Live Nation got their fees. If the other 3 follow suit.....live nation again collected their fees. Bands are not refunding money.Surprised that Live Nation (LYV) is holding up as well as it is. With all these tour cancellations and delays, I thought the bottom would fall out for them.
Looks like we did that back in March at about $30/barrel.also i hope the usa filled up and then some its stragetic oil reserves yesterday for free and a profit take that to the bank bromigos
USO apparentlyAnyone buying today? If so, what are you targeting.
Hard to sell anything for a loss, but I might move money from small losers to bargain hunt
I like MGM here.Anyone buying today? If so, what are you targeting.
Hard to sell anything for a loss, but I might move money from small losers to bargain hunt
What time frame are you talking here?Anyone buying today? If so, what are you targeting.
Hard to sell anything for a loss, but I might move money from small losers to bargain hunt
What price are you willing to jump in at?I may take a small position and chase it down
I'm still nearly all cash (save for CYDY and a COVID-19 testing flyer) and think that we get back down below early April lows. HODLing my cash.Anyone buying today? If so, what are you targeting.
Hard to sell anything for a loss, but I might move money from small losers to bargain hunt
under $100. $100 is where I bought the first time.Disney looking tempting
Today. Might move some stocks the are slightly down for ones down significantly. Not factoring past performance. It’s just hard to sell something you like but I’ve done well recently trading oversold stocksWhat time frame are you talking here?
Just an fyi, it's tough psychologically but the market doesn't care about your cost basis so try to make investing decisions based on where you think it's going, not where it's been (or what you paid).
Wasn't as quick on the draw, but happy with $100.06Just got a little for $99.89
I sat there and hit refresh for like 5 mins as it hovered around $100 just for the psychological peace of paying less than $100. I continued to do it as I kept telling myself $0.10/share isn't going to make a difference on 50 shares. Lol. I think DIS anywhere around $100 is a W though!Wasn't as quick on the draw, but happy with $100.06
I know next to nothing about USO. Is there a carrying cost for owning it? Is there something similar but that’s more leveraged? My antenna is up.3.02 was the first buy
I do not know what this means, but it sounds juicy.I'd short any May oil contract settling in Cushing, OK if any of those contracts trade in the black today.
Any pro trader that gets caught long at expiration (230 EST today I believe) is risking their futures license if they aren't able to physically settle the contract.
I mean there is carrying cost for owning oil which flows through to the price of oil. Think UCO is 2x that and it just underwent a 1:25 reverse split. I wouldn't touch these things with a 10 foot pole. I bought some death puts on it for fun but they could easily liquidate this thing or CME could stop allowing ETFs to buy contracts or force them to sell.I know next to nothing about USO. Is there a carrying cost for owning it? Is there something similar but that’s more leveraged? My antenna is up.
The oil market is basically broken at this point. There is nothing rationale about a barrel of oil being priced at -$37. I would stay away from any of this.I know next to nothing about USO. Is there a carrying cost for owning it? Is there something similar but that’s more leveraged? My antenna is up.
Maybe, but probably just sitting on it today.Anyone buying today? If so, what are you targeting.
Hard to sell anything for a loss, but I might move money from small losers to bargain hunt
Yep. Under $100 starts to look very enticing.Disney looking tempting
Whee!well, Trump was wrong. They agreed to 10 million barrels (sort of) and oil prices are flat. Not exactly “GREAT”. They are out of room to cut and running out of storage. I am still short oil.
Just picked up more at 99.95. Agree with your premise, but also happy to wait for that rebound you mention.Huge DIS fan myself. I've had a core holding for 10 years that I've added to over time. I sold 1/2 of it a few weeks ago. I remember in 2018 the stock being punished when ESPN was losing subscribers, and that was with sports being played, parks were full, movies raking in cash. Today, if Disney was a stool, it has 3 of its four legs completely cut off. It will rebound at some point, but they are a social company and I feel it is overvalued in this new reality.