The Rokslide Stock Traders Thread

[HuntHarder]

Im gonna go on a limb and say if Iran tries to close the Strait, its gonna get messy. I suspect energy stocks up, most other stocks will be down on Monday.

 

[Beendare]

I had made a very big bet on Oil just recently with the turmoil and it's literally done nothing.....up maybe 2%.

I don't feel good about trades like this, it's like plugging my nose and sleeping with the enemy [I also own GOOG and PFE] so I'm no stranger to going against the grain.

If I do well on this oil trade it will help offset all of the company vehicles I have on the road.

 

[MountainTracker]

I had made a very big bet on Oil just recently with the turmoil and it's literally done nothing.....up maybe 2%.

I don't feel good about trades like this, it's like plugging my nose and sleeping with the enemy [I also own GOOG and PFE] so I'm no stranger to going against the grain.

If I do well on this oil trade it will help offset all of the company vehicles I have on the road.

Talks of oil price surge while markets figure out all the risk, and then back down. I haven’t checked the pre markets.


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[MountainTracker]

Markets in the Middle East are flat or up so far….


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[Danny Hoey]

I had made a very big bet on Oil just recently with the turmoil and it's literally done nothing.....up maybe 2%.

I don't feel good about trades like this, it's like plugging my nose and sleeping with the enemy [I also own GOOG and PFE] so I'm no stranger to going against the grain.

If I do well on this oil trade it will help offset all of the company vehicles I have on the road.

Try PBR and PBR.A

 

[Beendare]

A lesson from my speculating....which admittedly I'm not very good at. My strategy of picking sectors for LT investing has worked extremely well, speculating, no. my thesis of eminent war in the Middle East was that it would drive oil prices up.

Oil is up 20% in a month. I should have caught the bulk of that but chose a play that is not tied directly to the price of oil [playing it safer] and it's only up a little bit as of today. If I don't get more of a pop in the next week, I am getting out of that oil sector and going a different direction. It seems the market is more forward looking than I thought- <face palm>

Fir anyone considering oil investment, Commentary from multiple sources on oil today- Monday June 23rd;

Oil market not yet in dire "straits": While there's concern Iran might close the Strait of Hormuz and block oil exports out of the Persian Gulf, doing so would harm Iran itself. Oil sales to China are about 6% of Iran's economy and equal to about half of Tehran's government spending, The New York Times reported. A vote by Iran's parliament Sunday to close the strait doesn't mean it will happen, as the decision is made by the country's supreme leader, Ayatollah Ali Khamenei.

Separately, The Wall Street Journal points out that any hindrance in Iranian oil exports might hurt China's economy. Some economists say if Iran did shut down the strait, oil futures (/CL) could soar to $120 a barrel from below $80 now. However, military strategists said it might be difficult for Iran to keep the strait closed, and that Iran may consider other responses to the U.S. attacks. Another factor making an oil spike less likely: spare capacity. A lot of it. The world has more than four million barrels a day it could be producing but is not, Reuters reported.

Edit 6/23- Add to that GS head of Global Hedge funds was just on CNBC said today that they are not changing their two-year oil forecast of $60 this year and $50 next year. He said markets are looking through the short term blip.

fWIW, his #1 conviction is still Tech.

 

[Beendare]

Try PBR and PBR.A

They are paying a 17% dividend? Wow. Thx, I will take a deeper dive into that one......

 

[Poser]

I thought it was satire at first, but the CTOs from Palantir, META, Open AI and Thinking Machine labs were all sworn into the Army as Lt Colonels last week. Reckon you can count on those stocks to continue to rise....

 

[Pharmseller]

PLTR is my #1 holding.

Let’s gooooo!




P

 

[Pharmseller]

PLTR up a couple of bucks.

I’m pleased.

Waiting for $200

 

[HuntHarder]

PLTR up a couple of bucks.

I’m pleased.

Waiting for $200

Is that your sell price? I've tried over the last couple years to stick to my pre- determined sell price. No longer getting "emotionally" tied into a particular stock.

 

[Beendare]

PLTR is my #1 holding.

Let’s gooooo!

My daughter was all over that at $50 too.....dang kid should have told me!
Have you ever looked at the hanger on to Planter- Big Bear AI?

What a monster day today for me.....only one of mine in the red- BTU. Even my oil play MLPX is up on a down day for oil.

I will start lightening up on that considering the LT outlook.

 

[Steel Rain]

My daughter was all over that at $50 too.....dang kid should have told me!
Have you ever looked at the hanger on to Planter- Big Bear AI?

What a monster day today for me.....only one of mine in the red- BTU. Even my oil play MLPX is up on a down day for oil.

I will start lightening up on that considering the LT outlook.

Can you please elaborate? I’m new to investing in the market outside of my 401k. I’ve been invested in BBAI for a couple months. I’m up 40%.

 

[Pharmseller]

Yahoo Finance has an article suggesting the Dow has another 10% to grow by the end of the year.

 

[Pharmseller]

Is that your sell price? I've tried over the last couple years to stick to my pre- determined sell price. No longer getting "emotionally" tied into a particular stock.

That’s what I’m telling myself my exit price is.

 

[stevewes2004]

Yahoo Finance has an article suggesting the Dow has another 10% to grow by the end of the year.

The money printer is on… and if they cut interest rates, get ready… stock market will boom.


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[Zak406]

I got 7 grand sitting there since Friday to buy.

I need to do it. Just not sure what I want to put it into yet was hoping for a down day.

 

[HuntHarder]

I got 7 grand sitting there since Friday to buy.

I need to do it. Just not sure what I want to put it into yet was hoping for a down day.

Try not to get short sighted on good vs. Bad days to buy. If you are planning quick swing trades, it makes sense, but overall, waiting, will cost you money.

 

[Zak406]

Try not to get short sighted on good vs. Bad days to buy. If you are planning quick swing trades, it makes sense, but overall, waiting, will cost you money.

I usually am not short sighted but I typically invest 1000 at a time or 500 at a time not 7 grand. I will make some decisions today.

 

[BigDog00]

I usually am not short sighted but I typically invest 1000 at a time or 500 at a time not 7 grand. I will make some decisions today.

You could split it into thirds or quarters and invest a chunk each week (or monthly, or quarterly) until it's all in.

i.e. Dollar cost averaging