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  1. #1771
    Registered User Destor's Avatar
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    Originally Posted by Carbonfibre View Post
    So that Oil tweet this morning was false news.

    Just trying to pump market.

    Shocked face.



    https://www.ttnews.com/articles/oil-...cut-production

    Russian President Vladimir Putin hasn’t spoken to the Saudi crown price and hasn’t agreed to cut oil production to boost prices, Kremlin spokesman Dmitry Peskov said in a text message.
    Russia will probably be the clincher here. Either they (and OPEC+) are pushing for the US to share the required production cuts, or Russia is pushing for easing on their sanctions.

    Trump and big oil are also talking potential tariffs. One way or another, I think something will resolve here in relatively short order
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  2. #1772
    User Registered Carbonfibre's Avatar
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    Originally Posted by Destor View Post
    Russia will probably be the clincher here. Either they (and OPEC+) are pushing for the US to share the required production cuts, or Russia is pushing for easing on their sanctions.

    Trump and big oil are also talking potential tariffs. One way or another, I think something will resolve here in relatively short order
    I mean you're right US will probably threaten tariffs to save their own industry.

    But than again Saudis buy so much from USA.... will US even attempt to play that game.

    Its going below the market rate.

    $4 dollars/ barrel

    https://www.bloomberg.com/news/artic...ffering-russia


    Also phuck the canadian oil industry is gonna get hammered. Without tar sands Alberta is so phucked.
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  3. #1773
    Registered User calfenvy's Avatar
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    Originally Posted by lockdev View Post
    Get into ETFs. Look into SPY. Seems to be everyone's favorite when starting out.
    ETF is just a regularly traded index fund instrument. Don't try and stock pick, don't try and pick a mutual fund based on past results, just get an S&P 500 or similar ETF and come back in a couple years to check on it.
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  4. #1774
    Registered User Destor's Avatar
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    Originally Posted by Carbonfibre View Post
    I mean you're right US will probably threaten tariffs to save their own industry.

    But than again Saudis buy so much from USA.... will US even attempt to play that game.

    Its going below the market rate.

    $4 dollars/ barrel

    https://www.bloomberg.com/news/artic...ffering-russia


    Also phuck the canadian oil industry is gonna get hammered. Without tar sands Alberta is so phucked.
    Saudis need high oil prices too. They have an extremely low cost of production per barrel, but they need something like $50+ to maintain the social reforms / programs and other chit that is directly funded by their oil industry.

    Russia appears to be in the strongest position, they have talked about being able to endure super low prices for 10 years. But that won't happen
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  5. #1775
    N3rd Op3rator twovalvekid's Avatar
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    Originally Posted by cool-beans View Post
    lol trump lied? are there no repercussions for that kinda ****?

    wendys is sliding... would be a great buy under 10
    When there are repercussions for the MSM, i'll start caring.


    But, R&P ------------------------------>
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  6. #1776
    User Registered Carbonfibre's Avatar
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    Originally Posted by Destor View Post
    Saudis need high oil prices too. They have an extremely low cost of production per barrel, but they need something like $50+ to maintain the social reforms / programs and other chit that is directly funded by their oil industry.

    Russia appears to be in the strongest position, they have talked about being able to endure super low prices for 10 years. But that won't happen
    For sure.

    Russia is probably going to sell shiitload of oil to China now.

    And yeah saudi arabia without oil is done.
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  7. #1777
    N3rd Op3rator twovalvekid's Avatar
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    Originally Posted by Carbonfibre View Post
    For sure.

    Russia is probably going to sell shiitload of oil to China now.

    And yeah saudi arabia without oil is done.
    I could see russia doing this as a way to drive everyone out of the market. Everything at the cost of cheap oil to get those pesky yanks out of the business so they can control it.
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  8. #1778
    Registered Abuser chino3's Avatar
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    Originally Posted by Carbonfibre View Post

    And yeah saudi arabia without oil is done.
    No more idiots driving their g wagons on 2 wheels? No more azzholes flexin with leopards as pets? No note insta sloots getting rent paid by gettin chit on?
    "It won't get better, just different."
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  9. #1779
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    Sup yall, I have $80 left that I want to put somewhere... which stock(s) should I get? srs
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  10. #1780
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    this thread has gone full on toxic...so much hate...see yall in a few weeks
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  11. #1781
    Endorphin Junkie dopamine72's Avatar
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    To answer the oil question I'd play CVX right now out of everything else. The dividend is 7.5% too. Price lookin pretty joocy, I remember back in the day its high was around 135ish. Made a good chunk of change holding that stock for a couple years.

    Originally Posted by Geneticz View Post
    Disney stock makes absolutely ZERO sense to me. Its like the market knows something no one else does.
    In what way doesn't it make sense? I personally hate that stock and I've talked allot about it in the past. Their margins are only 13% and that was before the virus hit and parks were closed etc. I would not buy that stock.
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  12. #1782
    Registered User headturner1's Avatar
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    Originally Posted by VegasLifter26 View Post
    this thread has gone full on toxic...so much hate...see yall in a few weeks

    Lol more like a few years u kunt

















    Jk don’t go, I was playing.







    Feels damn good men buying that rds @ 20 even though my dca is 51.xx Jfl @ me
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  13. #1783
    User Registered Carbonfibre's Avatar
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    I like how Boeing is acting like shiitbox.


    From $88 to $180 to $120 in span of 8 days.


    Come down to $105 lol.
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  14. #1784
    N3rd Op3rator twovalvekid's Avatar
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    Originally Posted by Carbonfibre View Post
    I like how Boeing is acting like shiitbox.


    From $88 to $180 to $120 in span of 8 days.


    Come down to $105 lol.
    So much dis.

    Im over here like

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  15. #1785
    Endorphin Junkie dopamine72's Avatar
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    Checks not coming till April 13th at earliest?!

    Wow....
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  16. #1786
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    Originally Posted by Carbonfibre View Post
    I mean you're right US will probably threaten tariffs to save their own industry.

    But than again Saudis buy so much from USA.... will US even attempt to play that game.

    Its going below the market rate.

    $4 dollars/ barrel

    https://www.bloomberg.com/news/artic...ffering-russia


    Also phuck the canadian oil industry is gonna get hammered. Without tar sands Alberta is so phucked.
    I remember posting in these threads back in 2014/15 that oil would never make ATHs again. Looks like that could turn out to be true. Got a ton of hate for it back then too. Now I get hate saying this coronavirus market and virus will reverse just as hard as it crashed and appeared. Whatever, I just see this entire thing as being a way for governments to grab as much power as possible and also as a way for the EU to federalize and try and save itself, but I guess that's a conspiracy theory to some.
    I'm calling DJIA to be at 40,000 by 2022 and the US$ at record highs as well.



    BTW: Pelosi snuck into the stimulus package a plan to digitize our currency. That would be extremely dangerous since that would mean eliminating cash. Europe has been wanting to since Christine LeGarde of the IMF proposed it back in 2019.
    https://www.forbes.com/sites/cryptoc.../#112c95d32633
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  17. #1787
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    Originally Posted by twovalvekid View Post
    Dont be a phaggot.



    It's not...easy...it's more the it isnt as hard as people think, on both sides. And that's what everybody is realizing. You already know what an employee can output whilst at work, so managing that compared to at work efforts isnt terrible. Measures just have to be in place.
    This phaggotry..I have a business band I'm on misc .. shouldnt you be figuring chit out..SPY will go down..DCA all you want
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    Originally Posted by dopamine72 View Post
    Checks not coming till April 13th at earliest?!

    Wow....
    And this..buy now DCA fools
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  19. #1789
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    Is there any realistic chance of tomorrow’s report driving the market down sharply/significantly?

    Seems like it’s not going to make too much of an impact since it does not include the last two weeks of March
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    Originally Posted by dopamine72 View Post
    Checks not coming till April 13th at earliest?!

    Wow....
    Form will be available in 4 days but checks aren't coming before April 16th here in Canada.

    Only have 1 tenant that couldn't pay his rent in full this month so I'm lucky, all things considered.
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    Originally Posted by dopamine72 View Post

    In what way doesn't it make sense? I personally hate that stock and I've talked allot about it in the past. Their margins are only 13% and that was before the virus hit and parks were closed etc. I would not buy that stock.
    Yea that's what I was referring too. Why isnt it going down more. Been debating buying puts yet is recovers so quick.

    Why I said it's like the market knows something we dont. Dont understand what is keeping it so high.
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    Originally Posted by VegasLifter26 View Post
    this thread has gone full on toxic...so much hate...see yall in a few weeks
    (these are my opinions i am not a licensed broker by trade)

    don't worry, nobody's ever made that mistake.
    Last edited by adamsz; 04-02-2020 at 01:14 PM.
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    test the limits RobParks2M's Avatar
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    Originally Posted by PowersKenny View Post
    I'm actually trying to help the autists here who think bc they started trading 2 weeks ago their due diligence means anything.
    I'm tired of this nonsense...the SPY will hit another bottom..until then shut your mouth breathing nonsense
    Don't believe me just watch
    Its cute you think you can run your mouth. Post your portfolio before you talk smack about someone who is legitimately making investments. Hopefully you get bounced outta here and we can get back to making money.

    In fact- why don't you talk to us about your SPXS position that is -7% today? You can tell us where it went wrong.

    Today is yet another nice day for grocery stalks
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    Originally Posted by Geneticz View Post
    Yea that's what I was referring too. Why isnt it going down more. Been debating buying puts yet is recovers so quick.

    Why I said it's like the market knows something we dont. Dont understand what is keeping it so high.
    There was rumor Apple buying them.

    Disney+ prescriptions gone up.

    But than you look at all their parks closed, can't do any movie production....

    Tdlr imo stock manipulation keeping at $95.
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    Originally Posted by Carbonfibre View Post
    There was rumor Apple buying them.

    Disney+ prescriptions gone up.

    But than you look at all their parks closed, can't do any movie production....

    Tdlr imo stock manipulation keeping at $95.

    Can’t believe anyone even entertained the idea of Disney selling to Apple.

    Also, with Disney+ launching in India, population 1.3b, at $6.99/month that’s a lot of money to be had. Figure 1% of Indian households sign up for it, that’s 90 million dollars in revenue per month.
    Last edited by chino3; 04-02-2020 at 01:46 PM.
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  27. #1797
    nah bro im sweat mike.hunt's Avatar
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    People be paying $1 for $11 puts on OXY 2 weeks out . Sold as many as I could cash covered puts
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    Originally Posted by chino3 View Post
    No more idiots driving their g wagons on 2 wheels? No more azzholes flexin with leopards as pets? No note insta sloots getting rent paid by gettin chit on?
    Leave tiger king out of this!
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    Originally Posted by SazabiBrah View Post
    Sup yall, I have $80 left that I want to put somewhere... which stock(s) should I get? srs
    stock up on toilet paper...
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    Originally Posted by Venom08 View Post

    BTW: Pelosi snuck into the stimulus package a plan to digitize our currency. That would be extremely dangerous since that would mean eliminating cash. Europe has been wanting to since Christine LeGarde of the IMF proposed it back in 2019.
    https://www.forbes.com/sites/cryptoc.../#112c95d32633
    Pelos is the devil, point blank. That would totally kill Americans, endless inflation. However, I think Repubs caught it and it didn't get included. The woman is evil and needs to be eliminated from her position.
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