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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
- Joined
- Dec 2, 2016
- Messages
- 9,549
- Reaction score
- 19,001
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.
Broken024
Member
Down 5.64% today. Personal record.
I've had so much worse a few times...sad to say.
NASDAQ down 3.3%. ?
Broken024
Member
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. ?
Broken024
Member
There was literally no dip buy today. Going to buy puts. God speed boys.