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Should have sold oil after the global environment summit.
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
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Is $30 the bottom for oil?
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Last person you can trust or take seriously is Goldman
Chart looks like ****. If you wanna gamble on the recent low being support, good luck. But I wouldn't be stubborn here. Bottom feeding is always hard and risky.
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I work in the industry and all the PMs and clients are losing their minds in this market.
Heavy talks of a possible recession in 2017 even though fundamentals look okay now.
Heavy talks of a possible recession in 2017 even though fundamentals look okay now.
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Started investing in '07. A few months later, the GR happened and i almost lost everything. That was a baptismal by fire...
This right here...not eem worried...
...
What's coming will make 07 look like child's play. What's happening right now, however, is what's known as a bear trap.
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on the contrary, the current oversold and overleveraged market is insane and needs a proper correction 8 years ago.
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this rep is all you'll have left
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Im about to secure a house in the coming months...
Anyone know if housing market prices will drop with this nose dive?
I'm relieved that interest rates dropped again but would love to take full advantage of a steal if i waited.
Anyone know if housing market prices will drop with this nose dive?
I'm relieved that interest rates dropped again but would love to take full advantage of a steal if i waited.
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The be fair the bank will be named but it's the analysts who put it out. Oil at 20 is feasible. The oil is already out and if we reach the true supply max when it comes to storing oil is when we will hit the bottoming out as the glut will be gone. They created the glut to drive out non rich producers and the cycle will be back rolling when oil hits 60s q4 this year
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there's a housing bubble right now that should pop if we have a repeat of anything like 2008, depending on who you ask.
here's a good article: http://www.doctorhousingbubble.com/stock-market-and-real-estate-values-stocks-housing/
personally, id wait for the crash and buy when prices fall.
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OPEC did this to drive out the fracking/shale industry in the US and Canada
Oil is crashing mostly due to Iran's economy coming back to the world stage as well as partly due to stolen oil sold at a discount (ISIS). Any war between any ME regional player, i.e. Iran and SA would cause the price to skyrocket imo.
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Yes, wait for the next crash. Variable rate loans are about to spike due to the Fed, and between the oil crash and the market correction/start of a bear market, people are gonna start defaulting again. I don't think it'll be at the same level of the 08 crash, but a crash is coming again. Interest rates will go down, bubbles in major cities will pop and we'll start seeing true values for homes reenter the market. With how things are now, and if they continue this way, it'll happen by next year.
At least imo.
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Dawg, these reversals. Just glad I've been sitting on the sidelines
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Made a quick buck on weekly GOOGL options.
Got out around the HOD, thankfully.
Want to dip my toes back in the waters of TWTR but there is no bottom in sight.
Straight free fall in the last moth; accelerated by today's outage. But MAN, the new addition of Periscope streams to your TL, really highlights the potential of this platform and company.
I was blown away seeing a Twitter model dancing and interacting with followers in real time, right on my TL.
Stock could easily drop to $13/14 if this correction continues but I think it'll reverse tomorrow with the rest of the market.
Thinking about buying a March call before the closing bell, depending on the overall market action.
Got out around the HOD, thankfully.
Want to dip my toes back in the waters of TWTR but there is no bottom in sight.
Straight free fall in the last moth; accelerated by today's outage. But MAN, the new addition of Periscope streams to your TL, really highlights the potential of this platform and company.
I was blown away seeing a Twitter model dancing and interacting with followers in real time, right on my TL.
Stock could easily drop to $13/14 if this correction continues but I think it'll reverse tomorrow with the rest of the market.
Thinking about buying a March call before the closing bell, depending on the overall market action.
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No bottom in sight for oil either :x
NFLX up 10% after hours
NFLX up 10% after hours
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/CL new lows. /ES dumping. Tomorrow should be interesting
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anyone else just sitting and waiting for all this to "settle" down
portfolio soaked in red :x
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Don't jump in now (obviously). Everyone's getting slaughtered, but really doing DD on some names.anyone else just sitting and waiting for all this to "settle" down
portfolio soaked in red
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No end in sight :x
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Welp.
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Good
Good
Good
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**** it. Time to dump money into puts.
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Anyone buying?
