severestorm
Member
I'm still not seeing the record production increase Biden is talking about and not seeing any announcement from oil companies or new permits issued. We need production to be above the peak with inflation currently.
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
D
Deleted member 609
Guest
11,800 > 10,900. Production is back at January 2019 levels..
severestorm
Member
This sums it up well....
NoSnowATL
Member
Still not higher than 2019 per EIA reports.
Storm5
Member
Either pump or don't this weak pumps are annoying
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severestorm
Member
BREAKING: Biden says gas prices will rise, calls it "Putin's price hike"
Biden must take the common US man for fools.
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” ― George Orwell, 1984.
Biden must take the common US man for fools.
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” ― George Orwell, 1984.
Dildos. VIX broke down
Rescue operation underway. Turnaround Tuesday hardly ever fails. Not sure why, but you can usually bank it. We're good for a few days.
severestorm
Member
Yield curve inversion imminent
Also doesn’t take into account how nearly everything in the economy runs on oil and so prices on everything will rise as oil rises. And someone living paycheck to paycheck would be stupid to drop $50k on an electric car just because gas went up, anyways.
Up 100 points over minute on the Dow. Somebody must know something. Shooting for a +4000 point close at this rate.
severestorm
Member
My neighbors are having a hard time already
I'm trying to help them out with food and money.
NCSNOW
Member
Joe can do a lot more by undoing some of his executive orders. ill leave it at that. We been a day late and dollar short on every one of our reactions to what's transpired over seas. Nothing wrong with Green, innovation etc. But fossil fuel makes the world go round.
Closed these for a quick double up. That was wild. You could just see it coming on the 1min chart.
Storm5
Member
Ukraine gave up stance on NATO . War will be over Friday
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Storm5
Member
I'm buying so many calls
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I hate when the market gets like this...down almost 4% yesterday and now 3%+ bounce on the Q's.
Could they have told us this before Biden went anti-Russia on everything.
Bought $WEAT yesterday, down 14%. A day late and a dollar short, eh?
What a day to buy $7k worth of Q’s @ 41 ?
I lined this out 2 weeks ago. When people tell you TA on indexes don’t work, don’t listen. Held like the Hoover dam.
People got caught chasing small cap oil today. A lot of names got nuked.
Oil stonks down, market up. I fully expect a market prop heading into quad witching.
VegasEagle
Member
I am betting it will pop again
VegasEagle
Member
Premarket, they were running, then boom.... thinking this is a small buying dip
SPY really wants to rally. 427 next then 436
Storm5
Member
QQQs ripping
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severestorm
Member
Don't think US's trip to Venezuela went well...
“"Those who caused this conflict with decades of breaches of agreements and threats against Russia, are the ones who have the responsibility to de-escalate this conflict and seek a favorable negotiation scenario"” -President Nicolas Maduro
“"Those who caused this conflict with decades of breaches of agreements and threats against Russia, are the ones who have the responsibility to de-escalate this conflict and seek a favorable negotiation scenario"” -President Nicolas Maduro
Storm5
Member
Huge flag on the QQQs she's about to melt
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Hope so, my account is down in the red now after being 2.2% up earlier. ?
The bottom dropped out on $UCO there, too. Gave up all of today’s gains.
A new record US oil production of 12.6 mbpd is projected in 2023 per the latest EIA report. The current record is 2019's level with the record month of 13.0 set 11/2019. It dropped sharply from 2019 to 2020 due to Covid. 5/2020 was only 9.7. Since then it has come back partially and was back up to 11.8 in November of 2021 (highest monthly since 4/2020) and 11.6 in Dec. it is projected to rise back to 12.0 for 2022 and 12.6 in 2023. And that is without taking into account the latest oil price rises.
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What a day, boys! Jimmy is back!
Yes, it is projected to take til 2023 to rise back above 2019. But with these much higher prices I wonder if that could occur in 2022.
buckinbronco
Member
Holy hell what did I miss?
You might be glad you’re out of it when CPI comes out Thursday.I panic sold my Q’s calls when it kissed $330. That was dumb. We probably headed to $340 by Friday. ?
VegasEagle
Member
