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Misc Stock Market
- Thread starter ForsythSnow
- Start date
$USO, or $UCO if you are a degen.What are some good oil etfs ????
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Also $GUSH for oil companies, this is also a 2x leveraged degen play.
NCSNOW
Member
I caught UCO under 70 bucks a couple months ago. It was 35-49 range I believe spring 2021. Been a ride for sure.
I got in at $118 like six hours before war broke out (once I thought it had become obvious Putin was going in). Been a crazy time. Definitely wish I got in a couple months ago, though! The growth has been insane!
I bought USO during the depths of April 2020 and got out the summer of last year with a 100%+ gain, just wish I bought more and also wish I bought UCO instead of USO! ?
Storm5
Member
Lol I bought puts and calls . This isn't even a big sell off . We are one news story away from a massive dump . We know oil will pump overnight and then sell off PM . It's just timing the rollercoaster
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I haven't done anything today...cash seems as good a trade right now as anything. Macro events are so bad feels like we should be going much much lower.
It isn't called Turnaround Tuesday for no reason. If we don't get an opposite reaction tomorrow to what we're seeing today, then we could be in some short term trouble. The usual thing would be to finish well off the lows today and continue that direction tomorrow, finishing positive. If that happens, we probably don't end the week too badly.
D
Deleted member 609
Guest
Down 5.64% today. Personal record.
I've had so much worse a few times...sad to say.
NASDAQ down 3.3%. ?
D
Deleted member 609
Guest
Yea my IRA and Roth are only down 1.5% and 2%... taxable account getting destroyed with ford, bac, xlf, and aal today.
At least I'll get a deduction this year.
Unfortunately the same is true for me, LOL. Fortunately, I think I’ve learned. I think. ?
I’m up about 1.1% across my Roth IRA and taxable right now, commodities propping me up. Unfortunately, I am bagholding some crypto mining stocks I bought at near the top that are holding me back a little. I should probably dump those and eat up the loss, but it’s hard, LOL.
You should make an inverse of the rocket ship...or we need a diving submarine.
Yes we need an inverse rocket into the ground. ?
NCSNOW
Member
UCO up 200% over past 12 months.
Dow is -711 for the day.
Lost -6.24 over the past month
Lost -6.07 past 6 months
Up+3.46 over past 12 months. That one is trending down as well quickly wiping out gains.
Dow is -711 for the day.
Lost -6.24 over the past month
Lost -6.07 past 6 months
Up+3.46 over past 12 months. That one is trending down as well quickly wiping out gains.
D
Deleted member 609
Guest
There was literally no dip buy today. Going to buy puts. God speed boys.
Storm5
Member
QQQs getting smoked
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Sent from my iPhone using Tapatalk
Market was totally bidless...that should scare the heck out of a lot of people now. No macro news that is bullish for equities...unless the Fed comes out and says QE is back on.
Bloodbath
D
Deleted member 609
Guest
Went with a few spy 416/406 spreads for about $220 each
D
Deleted member 609
Guest
Now I have to go spend $900 on some -------- for my car. Timed this well.
Tech is on the brink of freefall
No snow for you
Member
- Joined
- Dec 28, 2016
- Messages
- 577
- Reaction score
- 871
Are you having fun yet. Quad 4 is not for the faint of heart and once again, this will not turn until the Fed does. And the Fed is going to have a hard time turning bc of inflation.
Sinking AH. No dip buyers.
To put things in perspective...in 2018 we had the taper/rate hike tantrum and Fed quickly reversed coursed and cut rates. Q's sold off 23%.
We had the covid crash of 30%.
The macro news is much much worse than 2018....but every time I feel like the market is going to totally free fall we get a 2-3% up day.
We had the covid crash of 30%.
The macro news is much much worse than 2018....but every time I feel like the market is going to totally free fall we get a 2-3% up day.
D
Deleted member 609
Guest
Get in on the spy puts. 8 minutes left.
D
Deleted member 609
Guest
My kids are eating cat food tonight.
Storm5
Member
$SQQQ? “Up” over 11% today. ?
08’ recession on steroids inbound?
Provided I don’t lose my job in such a situation (always the issue with these situations), it could be a good situation for me. Get to finally buy the freaking dip (didn’t start investing until mid-2010s) and buy a home. Foreclosed houses are cheap, too. Just looking on the bright side, LOL.
Also starting a recession with 0% interest rates…..we’re screwed! ?
Storm5
Member