Brent crude is steady at $118 so this EOD Micky Mouse rally made a lot of sense ??
I got out a couple of days ago. I was thinking it'd come down some.....wonder if I should get back in or if that'd be buying at the top lolUp 51% on my $UCO play now from the day before the war started. Up another 12% today. Should’ve went all-in with my retirement portfolio, I guess. ?
I’m not sure. It could easily keep on going up as I think oil has further to climb if the war continues (I think $120 oil will happen at least, and it could theoretically go much higher), but it could collapse very quickly if there’s a ceasefire. Risky play. I’ve thought about adding to my position, but the risks are definitely high at this point. Kind of nervous holding it over the weekend.I got out a couple of days ago. I was thinking it'd come down some.....wonder if I should get back in or if that'd be buying at the top lol
Right! That's why I got out. I didn't have a huge position, but still (I don't play with the dozens of thousands like some people lol). As I mentioned in my other post, I moved into the commodity ETF and fertilizers. They are up quite nicely!I’m not sure. It could easily keep on going up as I think oil has further to climb if the war continues (I think $120 oil will happen at least, and it could theoretically go much higher), but it could collapse very quickly if there’s a ceasefire. Risky play. I’ve thought about adding to my position, but the risks are definitely high at this point. Kind of nervous holding it over the weekend.
Yeah, there’s going to be big fertilizer disruptions from this, so that’s a good play. I also got into some silver, as well. So far up a bit.Right! That's why I got out. I didn't have a huge position, but still (I don't play with the dozens of thousands like some people lol). As I mentioned in my other post, I moved into the commodity ETF and fertilizers. They are up quite nicely!
What's a good option to get into wheat?Commodity, especially wheat, prices gonna be major issue. Obviously wheat used for more then just bread, prices are gonna rocket, save your rocket emoji guys
I have no idea haha I'm not that guy. Wish I was a wheat farmer right now thoughWhat's a good option to get into wheat?
Ticker = WEATWhat's a good option to get into wheat?
I need to borrow some moneyWhat'd I miss today? Been out of pocket. Looks like everything wheat is about shoot the moon and we're going to run out of fertilizer, so food is going to shoot the moon, we're going to ban importing Russian oil, so oil is going to shoot the moon, and the fed is continuing to build it's balance sheet, so inflation on everything else is going to shoot the moon. That about cover it?
Check with @Storm5 he has a lot of doughI need to borrow some money
Sorry man, I spent it all on booze and womenCan I just borrow some of that ad revenue you guys were stacking
What'd I miss today? Been out of pocket. Looks like everything wheat is about shoot the moon and we're going to run out of fertilizer, so food is going to shoot the moon, we're going to ban importing Russian oil, so oil is going to shoot the moon, and the fed is continuing to build it's balance sheet, so inflation on everything else is going to shoot the moon. That about cover it?