Author Topic: Stocks  (Read 1179854 times)

Offline yos9694

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2012
  • Posts: 1903
  • Total likes: 899
  • DansDeals.com Hat Tips 6
  • Gender: Male
    • View Profile
Re: Stocks
« Reply #4060 on: March 18, 2020, 03:00:12 PM »
price of oil is insane

Insane barely scratches the surface. Every barrel of oil brought to market at that price costs the producers at least $15 more than the spot price. No rational person would keep their business open just to make bigger and bigger losses on every widget that they make. Stubbornly sticking to not cutting production in this environment is a decision that belongs right up there next to Pharaoh not letting the Jews leave during the first 9 plagues.

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Stocks
« Reply #4061 on: March 18, 2020, 03:01:55 PM »
Insane barely scratches the surface. Every barrel of oil brought to market at that price costs the producers at least $15 more than the spot price. No rational person would keep their business open just to make bigger and bigger losses on every widget that they make. Stubbornly sticking to not cutting production in this environment is a decision that belongs right up there next to Pharaoh not letting the Jews leave during the first 9 plagues.

It's the old adage of making up for the losses with volume... ;D
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #4062 on: March 18, 2020, 03:06:51 PM »
Yet PM are also down. Might be a case of liquidating whatever is available.
Tell the guy who is looking to buy gold bullions :)
Or the guy with a nice stock pile.  :-[
Only on DDF does 24/6 mean 24/5/half/half

Offline yos9694

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2012
  • Posts: 1903
  • Total likes: 899
  • DansDeals.com Hat Tips 6
  • Gender: Male
    • View Profile
Re: Stocks
« Reply #4063 on: March 18, 2020, 03:08:26 PM »
It's the old adage of making up for the losses with volume... ;D

Once profits are negative the math doesn't work anymore

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #4064 on: March 18, 2020, 03:09:23 PM »
Insane barely scratches the surface. Every barrel of oil brought to market at that price costs the producers at least $15 more than the spot price. No rational person would keep their business open just to make bigger and bigger losses on every widget that they make. Stubbornly sticking to not cutting production in this environment is a decision that belongs right up there next to Pharaoh not letting the Jews leave during the first 9 plagues.
It's the old adage of making up for the losses with volume... ;D
What if the goal is to crush the US oil industry?
Only on DDF does 24/6 mean 24/5/half/half

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Stocks
« Reply #4065 on: March 18, 2020, 03:16:26 PM »
What if the goal is to crush the US oil industry?

I don't think that's the goal at this point.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #4066 on: March 18, 2020, 03:19:12 PM »
I don't think that's the goal at this point.
I would not put anything pass Russia.
Only on DDF does 24/6 mean 24/5/half/half

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Stocks
« Reply #4067 on: March 18, 2020, 04:42:22 PM »
I would not put anything pass Russia.

You can say many things about Putin, but he’s no fool. Yes a lot of the shale patch is likely to shut down, but he knows once prices recover it will be back. IINM Russian extraction costs are on the low end.

Also this might just be his way of printing money.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #4068 on: March 18, 2020, 04:52:02 PM »
You can say many things about Putin, but he’s no fool. Yes a lot of the shale patch is likely to shut down, but he knows once prices recover it will be back. IINM Russian extraction costs are on the low end.

Also this might just be his way of printing money.
I don't think it is foolish to destroy competition. It is done all the time on a smaller scale.
Only on DDF does 24/6 mean 24/5/half/half

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #4069 on: March 18, 2020, 05:00:59 PM »
Stock market floor to be closed. Will shift to all electronic trading.
Only on DDF does 24/6 mean 24/5/half/half

Offline tmendy226

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2012
  • Posts: 1045
  • Total likes: 134
  • DansDeals.com Hat Tips 1
    • View Profile
  • Programs: Delta Diamond, Hertz PC, Flying Blue petroleum, SPG Gold, National Executive, Hilton Gold
Re: Stocks
« Reply #4070 on: March 18, 2020, 08:09:04 PM »
Stock market floor to be closed. Will shift to all electronic trading.

Stupid question? Why do we need a market floor at all these days?

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #4071 on: March 18, 2020, 08:22:03 PM »
Only on DDF does 24/6 mean 24/5/half/half

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Stocks
« Reply #4072 on: March 18, 2020, 09:19:11 PM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Stocks
« Reply #4073 on: March 18, 2020, 10:54:04 PM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Zevwolf

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2013
  • Posts: 794
  • Total likes: 23
  • DansDeals.com Hat Tips 6
    • View Profile
Re: Stocks
« Reply #4074 on: March 19, 2020, 04:53:45 PM »
Why is Silver tanking if so many dollars are printed?

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #4075 on: March 19, 2020, 04:57:13 PM »
Why is Silver tanking if so many dollars are printed?
The dollar is taking another beating.
Only on DDF does 24/6 mean 24/5/half/half

Offline miles lover

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Dec 2013
  • Posts: 938
  • Total likes: 31
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: Lakewood NJ
Stocks
« Reply #4076 on: March 20, 2020, 01:29:08 PM »
I’m thinking of taking an 80% cash position for the weekend. (Currently I’m at 35% cash 65% stock) This past Monday was terrible because of the weekend news. Any thoughts, advice ?

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Stocks
« Reply #4077 on: March 20, 2020, 01:34:17 PM »
Is today "triple witching"?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 15620
  • Total likes: 7712
  • DansDeals.com Hat Tips 19
    • View Profile
  • Location: 770
  • Programs: בשורת הגאולה. From Exile to Redemption. GIYF. AAdvantage Executive Platinum®
Re: Stocks
« Reply #4078 on: March 20, 2020, 01:43:31 PM »
I am probably the worst person in the world when it comes to timing. Quite a few moves and positions I either took or contemplated seem to turn out right, just at a bad timing.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #4079 on: March 20, 2020, 02:09:37 PM »
There is no such thing as timing this market. It is a 100% gamble.
Only on DDF does 24/6 mean 24/5/half/half