S&P wants to close under 2300 ??
-
Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!
Misc Stock Market
- Thread starter ForsythSnow
- Start date
Storm5
Member
Can’t wait for Monday when this thing crashes I’m gonna but some just for the damn daily ride
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Just went under and Dow trying to go under 19k.... holy smokes
edit: it's back lol
Yeah. They’re not going to let that happen..yet
Look at this 10 minute roller coaster
My solar power stock only one that finished in the green today
NoSnowATL
Member
Flurry
Member
TNXP up 71% so far today...Wow
It blew apart quickly. What an ugly, ugly week. It's surprising we couldn't even mount a rally today. Just brutal in every way.
Weekend news is going to be hard to handle. I think the Wall Street big rigs know it will be too much. It will be impossible to prop the market up any longer
campamy
Member
Who do you guys use for stock alert updates?
Nerman
Member
Mang, this thing tanked right through the close. Even the MM's and pumpers couldn't prop it up. Officially dead.
Where is ---- Cheney when you need a good oil price spike?
Where is ---- Cheney when you need a good oil price spike?
Nerman
Member
FINVIZ.com - Stock Screener
Stock screener for investors and traders, financial visualizations.
finviz.com
Downeastnc
Member
ummm this article is a bit scary....RIP US oil industry
oilprice.com
Citi: $5 oil is possible. Citigroup laid out a pessimistic scenario in which WTI falls to $5 per barrel. Energy Aspects said Brent could fall to $10. Mizuho Securities said some oil could even fall into negative territory absent shale shut-ins. “This is Operation Desert Storm, Enron, 9/11, Hurricane Katrina/Rita, Lehman Bros, combined,” Stephen Schork, president of the energy consultancy Schork Group Inc., told Bloomberg
The Very Real Prospect Of $5 Oil | OilPrice.com
The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the possibility of $5 WTI
oilprice.com
Citi: $5 oil is possible. Citigroup laid out a pessimistic scenario in which WTI falls to $5 per barrel. Energy Aspects said Brent could fall to $10. Mizuho Securities said some oil could even fall into negative territory absent shale shut-ins. “This is Operation Desert Storm, Enron, 9/11, Hurricane Katrina/Rita, Lehman Bros, combined,” Stephen Schork, president of the energy consultancy Schork Group Inc., told Bloomberg
NoSnowATL
Member
ummm this article is a bit scary....RIP US oil industry
The Very Real Prospect Of $5 Oil | OilPrice.com
The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the possibility of $5 WTI
Citi: $5 oil is possible. Citigroup laid out a pessimistic scenario in which WTI falls to $5 per barrel. Energy Aspects said Brent could fall to $10. Mizuho Securities said some oil could even fall into negative territory absent shale shut-ins. “This is Operation Desert Storm, Enron, 9/11, Hurricane Katrina/Rita, Lehman Bros, combined,” Stephen Schork, president of the energy consultancy Schork Group Inc., told Bloomberg
$5 would be awesome.
Sent from my iPhone using Tapatalk
pcbjr
Member
when I was a kid, gas was 35¢ per gallon ... life was good ... transistor radios, Levi corduroys, and no freakin' virus ...ummm this article is a bit scary....RIP US oil industry
The Very Real Prospect Of $5 Oil | OilPrice.com
The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the possibility of $5 WTI
Citi: $5 oil is possible. Citigroup laid out a pessimistic scenario in which WTI falls to $5 per barrel. Energy Aspects said Brent could fall to $10. Mizuho Securities said some oil could even fall into negative territory absent shale shut-ins. “This is Operation Desert Storm, Enron, 9/11, Hurricane Katrina/Rita, Lehman Bros, combined,” Stephen Schork, president of the energy consultancy Schork Group Inc., told Bloomberg
LetItSnow
Member
Not really, $5 means probable full blown depression, won't do any good to have penny gas when there are no jobs.$5 would be awesome.
Sent from my iPhone using Tapatalk
NoSnowATL
Member
But when it goes back up to 70 or 80 I’ll make more money.long term goals .
Sent from my iPhone using Tapatalk
War would prevent that from happeningummm this article is a bit scary....RIP US oil industry
The Very Real Prospect Of $5 Oil | OilPrice.com
The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the possibility of $5 WTI
Citi: $5 oil is possible. Citigroup laid out a pessimistic scenario in which WTI falls to $5 per barrel. Energy Aspects said Brent could fall to $10. Mizuho Securities said some oil could even fall into negative territory absent shale shut-ins. “This is Operation Desert Storm, Enron, 9/11, Hurricane Katrina/Rita, Lehman Bros, combined,” Stephen Schork, president of the energy consultancy Schork Group Inc., told Bloomberg
pcbjr
Member
Hope that's not a hope ... ?
LetItSnow
Member
It's a good plan, if the Middle East doesn't completely implode, China decides to make a move there and then we have the nightmare scenario..
The "stable" countries over there can't survive very long without their primary source of income which is oil, all their other plans for income are out the window with the world being shutdown.
Hope and pray for the best..
NoSnowATL
Member
We will be fine. No depression will happen. It’s going to suck for a lot of people but we will rebound and be even better in a few months.
Sent from my iPhone using Tapatalk
LetItSnow
Member
That is very much my hope and prayers..
Flurry
Member
We definitely DO NOT want $5.00 oil...It sounds great but would really not be good...Too many lost jobs + the ripple effectummm this article is a bit scary....RIP US oil industry
The Very Real Prospect Of $5 Oil | OilPrice.com
The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the possibility of $5 WTI
Citi: $5 oil is possible. Citigroup laid out a pessimistic scenario in which WTI falls to $5 per barrel. Energy Aspects said Brent could fall to $10. Mizuho Securities said some oil could even fall into negative territory absent shale shut-ins. “This is Operation Desert Storm, Enron, 9/11, Hurricane Katrina/Rita, Lehman Bros, combined,” Stephen Schork, president of the energy consultancy Schork Group Inc., told Bloomberg
Edit: Bump
Last edited:
Storm5
Member
Get ready for a wild day tomorrow in this thread. Possible stimulus deal being passed
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
What’s the play tomorrow morning?
Storm5
Member
Well apparently they are saying no they don’t have the votes to pass it
so I bet we drop early . I’m buying TVIX when it tanks Sent from my iPhone using Tapatalk
Nerman
Member
I think the S&P is going to 2000 during the next leg down. Thats another -15% from here. Institutional buying at 2300 has been strong but I think that breaks soon. From everything I've gathered over the weekend we are not prepared for this in any way. Goldman, JP are guessing at GDP #'s. I'm taking a position in SPXU (3x inverse leverage). If S&P goes up, I'll buy more.
Until all the states are shut down for a couple weeks and testing significantly increases we dont even know what we're dealing with. Way too much uncertainty out there. As soon as we get a little oil pop I'm moving out of energy too.
Until all the states are shut down for a couple weeks and testing significantly increases we dont even know what we're dealing with. Way too much uncertainty out there. As soon as we get a little oil pop I'm moving out of energy too.
You're going to see the market move up ahead of news, but if it looks like the new med cocktail is effective, then cover your shorts, baby.
Nerman
Member
Man I hope so for our country. We need a win.
Webberweather53
Meteorologist
This will go over like a lead balloon for the markets. Keep in mind that the Great Depression unemployment at its very peak was 25% (& it took nearly 4 years to get there), sure this won't last anywhere near as long but it's going to be nothing short of absolutely brutal the next several months.
Flurry
Member
For the stocks now in penny land due to the virus....TNXP buy at $.75 if you can & CPE buy at $.35 if you can...JMO
Edit: Might not be able to get either one that cheap...I wouldn't consider either a long term hold right now
Edit Part Deaux: Also, might want to look at NOG...Another energy play...Currently $.73
Last edited:
Webberweather53
Meteorologist
Only took about 7 five minutes for the markets to open limit down. So much for the markets moving up ahead of news...
Storm5
Member
Webberweather53
Meteorologist
Even on the really bad days the last several weeks, it usually took at least a few-several hours or right up to opening bell for the markets to open limit down. The fact that we hit limit down this quickly is a bad omen. The fact that a coronavirus deal hasn't been struck yet in congress plus having a big whig in the federal reserve coming out and saying that unemployment may end up being worse than the Great Depression for a sizable portion of this year really made investors lose all and any confidence.
pcbjr
Member
buy, buy, buy ... med, tech, staple and service industries
Webberweather53
Meteorologist
Except how is anyone supposed to know which companies or industries are even going to stay afloat during this crisis? You're basically throwing money away and even a bailout (or two) may not be enough to save some companies or entire industries from complete collapse. Don't worry though, it's probably only gonna get much worse later next week when oil prices fall thru the basement as Saudi Arabia & Russia amp up crude production
pcbjr
Member
Yup ... but that is investing ... diversify ... one big up can easily cover 3 down in a mixed portfolio ...
Storm5
Member
Oh I’m definitely buying tomorrow regardless of how the market does . I’ll buy like crazy over the next month and ride the storm . Cause once we correct it’s boom goes the dynamite regardless of takes 6-12 months or longer
Sent from my iPhone using Tapatalk
Webberweather53
Meteorologist
We likely won't hit bottom until next month or even May, patience is a virtue...