You are exclusively in oil? Omg to what level? How? Oilfield service, or oil?
I would be nervous as heck. What is your investment theory?
You are exclusively in oil? Omg to what level? How? Oilfield service, or oil?
I would be nervous as heck. What is your investment theory?
I hold no AAPL atm, but I think I should.
Maserati wrote:
You are exclusively in oil? Omg to what level? How? Oilfield service, or oil?
I would be nervous as heck. What is your investment theory?
Oilfield services are the most fragile stocks right now in my opinion (SLB is the biggest sh!t stock ever). Right now my exposure is strictly in futures (lol). I just rolled out of CLK9 (crude oil - May) into some CLN9 (July contracts). I had calls on USO which went pretty well (bought in late January/ early February).
My investment theory is simple : Saudi Arabia and Russia depend heavily on it and control a massive supply. This isn't the first time OPEC has cut production and they know what they're doing. The fact that Trump is pulling this sh!t with Iran was a nice boost too. I'm going to rotate out after oil hits $70 a barrel. That's when fracking here in the US really ramps up and it'll drive the price way down.
Oil is the ultimate rigged market (pun intended), like gold. The difference is that the oil rigging is broadcast to the world through deals with OPEC and Russia. Gold is controlled by shady mining companies and banks and only meant for insiders. Honestly it was the easiest investment ever. I started going long when OPEC announced cuts back in January and I've made a lot of money since then. There's been a few pullbacks but I got in when crude oil was like $43 a barrel or something?
Maserati wrote:
I hold no AAPL atm, but I think I should.
meh, not into it. too much downside risk right now. I'm waiting until 5G is established better. Lots of people will want to buy a new phone then. Plus Apple isn't including number of handheld devices sold in reports anymore. That signals to me that they know they're losing market exposure on iDevices. We'll see
Maria wrote:
It wasn’t a joke.
https://images.app.goo.gl/ioSyJA3DgoBV5tJx6
Would anyone actually want to date ANY of those ladies? Besides the fake boobs they all look so "manufactured." So plastic. Who would ever want that?
Sally Vix wrote:
Maria wrote:
It wasn’t a joke.
https://images.app.goo.gl/ioSyJA3DgoBV5tJx6Would anyone actually want to date ANY of those ladies? Besides the fake boobs they all look so "manufactured." So plastic. Who would ever want that?
Igy loves that show.
Maria wrote:
Sally Vix wrote:
Would anyone actually want to date ANY of those ladies? Besides the fake boobs they all look so "manufactured." So plastic. Who would ever want that?
Igy loves that show.
I am reminded of a quote someone made about Nicole Simpson (O.J.'s wife) and her 3 sisters. They all have fake boobs and none have college degrees.
While they have a lot of cash, I understand that people are charging a premium these days for private acquisitions. Buybacks will be key, as may be a trade deal, or even rumors thereof. It was the ultimate glam stock and you’re right, 5G might bring that back if they can deliver sexy devices.
They are reportedly trying to pivot to services, which could smooth out cash flow.
Business realities aside, buybacks would be my reason for buying. It is the business realities which you describe that have kept me out of it.
Oil...I had it a while back and made money, but got out a little too late. You have timed a better window than I did, good for you!
Maria wrote:
Sally Vix wrote:
Would anyone actually want to date ANY of those ladies? Besides the fake boobs they all look so "manufactured." So plastic. Who would ever want that?
Igy loves that show.
Forget the Maria gig Detector Dude, here is the Real story:
https://m.youtube.com/watch?v=30Cl3iwSfBASally Vix wrote:
Maria wrote:
Igy loves that show.
I am reminded of a quote someone made about Nicole Simpson (O.J.'s wife) and her 3 sisters. They all have fake boobs and none have college degrees.
Is there any wonder that Igy is infatuated? Fake and uneducated is his thing.
Anybody else here looking to buy foreign currency-denominated assets while the USD continues its strength?
Maria wrote:
Sally Vix wrote:
I am reminded of a quote someone made about Nicole Simpson (O.J.'s wife) and her 3 sisters. They all have fake boobs and none have college degrees.
Is there any wonder that Igy is infatuated? Fake and uneducated is his thing.
^The same reasons I worship you Detector Dude.
Maserati wrote:
Anybody else here looking to buy foreign currency-denominated assets while the USD continues its strength?
This sounds like the kind of risky and obscure thing I can get behind. What did you have in mind?
Also, keep in mind that Trump has said he "likes a weak dollar." The market is super sensitive to tweets for some reason even though nothing that comes out of Trump's mouth actually means anything.
Maserati wrote:
Ah agip, sorry, I see “relative” to the markets.
What index is your reference?
Well the full picture is that I'm only talking about my trading account, which is just 2-3% of my total portfolio. The regular 97% of it all is long term invested and I don't touch it much. it's almost all indexed so that matches the market.
Here I'm just talking my trading account, which is a big mess of things, whatever catches my eye. I use SCHB, the Schwab Total Stock Market index as my benchmark in that account, and it's not pretty. I'm up 14% but SCHB is up 17.91% year to date. Awfulness.
I think it's just tech that's killing me. Although I have some individual stocks in there that have hurt. And a truckload of short term high yield bonds that can't keep up with an up stock market.
The disappointing thing is that it's an all-weather bad portfolio. I lose relatively on both up days and down days. That is serious lameness. I think I need to clean house in there - dump a lot of individual stocks and start over.
And another thing in my favor is that it is an international portfolio, so I should start using VT , the Vanguard total world stock index. Which is up a more reasonable 15.5%. I'm not so far behind that one.
Racket wrote:
Maserati wrote:
Anybody else here looking to buy foreign currency-denominated assets while the USD continues its strength?
This sounds like the kind of risky and obscure thing I can get behind. What did you have in mind?
Also, keep in mind that Trump has said he "likes a weak dollar." The market is super sensitive to tweets for some reason even though nothing that comes out of Trump's mouth actually means anything.
Remember when Trump cornered Tillerson and tried to get him to tell which is better...a strong dollar or a weak dollar? You can't make this stuff up.
Dollar is at something like 2 year highs right now, right? Probably time to go the other way, if I were a betting man. Which I might be.
Jist bought MMM under $191
I just can’t shake the trading mentality! I know, “fail”!
Racket, nothing exotic—just physical RE. Transaction costs are high, but in the premium segment, value can be unreal.
I have large positions in MSFT and BA, helping float me today. We will see how my largest position, AMZN, does by tomorrow.
Your 14% is beating me this year. I wouldn’t be so down on yourself, except for those bonds. I never touch HY, I am paranoid about defaults because I don’t trust ratings agencies.
Turns out my banks are floating me today, too. Looks like a very good day for me
Ghost of Igloi wrote:
Maria wrote:
Is there any wonder that Igy is infatuated? Fake and uneducated is his thing.
^The same reasons I worship you Detector Dude.
Yes! I’m fake and you’re uneducated.