Crude has fallen $7 from its session high to $123.75. NG is up only 2% now and is quite a bit lower than it was during late fall because of good storage levels.
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Crude has fallen $7 from its session high to $123.75. NG is up only 2% now and is quite a bit lower than it was during late fall because of good storage levels.
About 60K in at this point and rapidly diversifying, commodities are tangible.
Storm5
Member
The thing is almost all of retail is short . Are they really gonna let retail make so much money
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People have been trained to buy the dip for the last 2+ years. Retail is going to get smoked one way or the other.
Unless some dramatic peace talks occur very soon the global economies are headed for disaster. Lucky for us our Fed can’t cut rates that are already at 0%. I guess they could crank up QE again. ?
We are so screwed.
We are so screwed.
To the moon boys ?. We’re doing it. Again. 08’ redux incoming. Save some dip money 
I go back to this…been a lot of dip buying still it seems. But, I imagine there are lot of retail short too.
Unless some dramatic peace talks occur very soon the global economies are headed for disaster. Lucky for us our Fed can’t cut rates that are already at 0%. I guess they could crank up QE again. ?
We are so screwed.
I see this as leading to a great buying opportunity for the longterm portfolio but the obvious question is when to start buying. It could already be time as bottoms are often reached when things look the most grim and picking a bottom is next to impossible.
No snow for you
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Grains are going up 400%. Oil will go without offer at some point (think negative oil but opposite). We will see contracts fail. Hope y’all stocked up on protein
The S&P is still 25% above its pre-covid highs…we really haven’t seen much pain yet. As of Friday it was only 10% off ATH’s. Would like to see at least 20%.
Storm5
Member
I'm buying puts in the oil sector 6plus months out . The bubble will come crashing down at some point
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Storm5
Member
Unless some dramatic peace talks occur very soon the global economies are headed for disaster. Lucky for us our Fed can’t cut rates that are already at 0%. I guess they could crank up QE again.
We are so screwed.
I think they are meeting tomorrow . That would stop the bleeding short term for sure but I highly doubt anyone thinks something good happens
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J Pow has seen enough. Money printers back on
Storm5
Member
#hyperinflation
At this stage, everyone wants to go in the dollar, why not. Sanctions largely have not impacted yet.
NCSNOW
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Dollar has war declared on it by China,Russia and a lot of Asia. This Digital currency is gonna be its downfall Globally in my opinion. Course my opinion has been against this whole Globalism push for 2 decades . Ill shut up and hopefully eat crow while rooting for Jimmy to qualify financially as the first southernwx Oglethorpe.
oh my god 
Oil ?????????
Just wish I bought more $UCO than I did a couple weeks ago. I was up 50% on it last Friday, probably going to be close to 75% by EOD tomorrow at this rate! Should’ve shifted all of my Roth IRA into it! ?
Just wish I bought more $UCO than I did a couple weeks ago. I was up 50% on it last Friday, probably going to be close to 75% by EOD tomorrow at this rate! Should’ve shifted all of my Roth IRA into it! ?