The Rokslide Stock Traders Thread

[Trial153]

Is this in reference to oil futures? I ask since oil stocks closed higher on Friday. If it is I need to learn about oil futures or really futures in general.


Sent from my iPhone using Tapatalk

Yes, 17 ish a barrel is close to a 20 year low. Current production vs demand puts things at near capacity in month. They wont have any place to store it.

As far as equities go, the big players will in postion to suck up most of or all of any increase in demand for the rest of this year. The hedgehogs pushing shale, just my opinion have more to stand from making that play vs how that play turns out. For me shale is way far out and not cheap enough.

 

[Brozonelayer]

Yes he is, oil price on the commodities futures market....it tells you the price per barrel of oil. The lower that is (which yesterday was around $18 most of the day) the worse it is.

I have an app on my phone that I use for stock research, not trading, it’s called StockMaster. It has futures section and will give you futures pricing on foriegn markets, commodities (like gold, silver, oil, etc.) and the bond market. Look at the WTI crude oil price in that app if you chose to use it. For me, I find that to be the easiest place to see that stuff.

Thank you kind sir!


Sent from my iPhone using Tapatalk

 

[EastMT]

I read today that in the middle of the country, wholesale gas prices are under $.20 per gallon. They have nowhere to keep it, running out of room.

Costco in MI has one price at $.84 per gallon retail. Unbelievable.

 

[Ratbeetle]

I paid 1.15 yesterday in metro Denver. Insane prices that I don't see lasting long once stay at home orders are lifted.

I'll be steadily increasing my positions in oil. Demand will come roaring back.

 

[180splitg3]

I have been following this thread and trying to make sense of it all. Are any of you moving into cash right now in anticipation of another big pullback? I have been thinking about taking half my investments out and moving into short term CDs while things transpire over the next couple of months...

 

[Kimber7man]

I’m thinking BA has got to be a good investment for the long haul. When you look at where it was 6 months ago and where it is now, the current price could double in 1-2 years when they get back up and running and everyone is flying again.

 

[Broomd]

I’m thinking BA has got to be a good investment for the long haul. When you look at where it was 6 months ago and where it is now, the current price could double in 1-2 years when they get back up and running and everyone is flying again.

BA doubled in four or five days just recently.
Bottomed around $90 on the 23rd ish and rebounded to $180 a few days later.
It often singlehandedly carries the DOW. I'm thinking it's a strong play as well.

I have been following this thread and trying to make sense of it all. Are any of you moving into cash right now in anticipation of another big pullback? I have been thinking about taking half my investments out and moving into short term CDs while things transpire over the next couple of months...

I'm sitting on some cash.
Trying to slowly dollar cost to positions I have, while holding overall for a major dip.

 

[Okhotnik]

I’m thinking BA has got to be a good investment for the long haul. When you look at where it was 6 months ago and where it is now, the current price could double in 1-2 years when they get back up and running and everyone is flying again.

I try and pick up BA whenever goes around $125. Holding now for long haul. Don't think it will drop down below $125 rest of year but could be wrong.

 

[Chipz]

Just buying more mutual funds and increasing my 401k contributions.

 

[J.Davis]

It’s insane. Oil drops 10%, oil companies jump 5-7%. I swear these guys are trading from home, booze in one hand, 2 year old in the other pushing buttons just to make noise!

Two 1 year olds, but close enough.

 

[EastMT]

Oil is at $15.30, Holy crap!

 

[Jeremy11]

What oil related companies are at their lows right now? Most seemed to have hit bottom a few weeks ago and shot up. (The current price might change things though)

 

[ilikeshootin]

All of my oil related stocks have gone up considerably in the last month except MRO and OXY, but still have gone up.
I'm too much of a chicken Sh** to try and dump anything for a quick profit.
I keep trying to buy in when things are "down" ... keep hitting that refresh button and buying when it looks good. I know thats probably not the way to do it.... but seems to be working for the time being. I'm pretty happy with the profits so far.

 

[huntaholic123]

Been loading up on OXY. Will be watching to see what prices do today. Been waiting for XON to drop back down to get in. In for the long haul on both.

 

[HuntHarder]

Its gonna be a rough ride today. Looks like almost all my stocks are gonna open down this morning. Time to lower those cost averages today.

 

[EastMT]

Now $11.86, man if this holds long there will be oil company contractors disappearing fast.

 

[Brightwhite]

Now $11.86, man if this holds long there will be oil company contractors disappearing fast.

Once again oil has me stumped.

 

[Johnboy]

Just unloaded MRO at $4.35 for a small gain. I feel like I escaped. We'll see.

 

[EastMT]

$2.64.........

 

[Brozonelayer]

$2.64.........

Is this in reference to MRO? I’m confused...


Sent from my iPhone using Tapatalk