The Rokslide Stock Traders Thread

[DenverCountryBoy]

Yeah, what are you all seeing with RSX? The technicals look really bad. I don't see this one recovering for a while. Intraday price action trades, maybe but I'd hold off if you are a swing trader.

I'm an investor, not a trader. Europe needs gas more than they want a Ukraine.

The ruble is currently down, however the Kremlin has bought up a massive amount of gold. They just dropped the tax on precious metals so Russian citizens can also move to gold. This increases the soundness of the ruble.

The euro is fiat and the ECB is massively in debt. Just like the dollar and the fed.

This is a long term, potentially multi-year play.

 

[JungleDan]

this might be a lazy question, but how do you invest in RSX?

 

[Samson7x]

I'm an investor, not a trader. Europe needs gas more than they want a Ukraine.

The ruble is currently down, however the Kremlin has bought up a massive amount of gold. They just dropped the tax on precious metals so Russian citizens can also move to gold. This increases the soundness of the ruble.

The euro is fiat and the ECB is massively in debt. Just like the dollar and the fed.

This is a long term, potentially multi-year play.

Copy that. I’ll add it to my watch list. Thanks for the explanation and good luck!

 

[007hunter]

this might be a lazy question, but how do you invest in RSX?

RSX is just a Russian ETF. So you’d buy it the same way as you would any stock or other ETF.

 

[DiabeticKripple]

I got in GTE at 1.77. All i hope for is a 10-25% return in a year and ill be happy.

As long as I can beat inflation I'm makin money.

CPG may be one to watch too.

They are doing a pile of work this year in a new basin to them, and so far the ROI is about 12 months. Our company does their frac work and they have us booked solid for the rest of 2022.

 

[Team4LongGun]

This may have been covered and my apologies if I missed it, do any of you have a recommendation for a total newbie who knows absolutely nothing? As in a DIY guide/book/article for investing?
Also, what platform-if that’s even the right term for where to sign up for investing?
Thank you

 

[Clarkdale17]

This may have been covered and my apologies if I missed it, do any of you have a recommendation for a total newbie who knows absolutely nothing? As in a DIY guide/book/article for investing?
Also, what platform-if that’s even the right term for where to sign up for investing?
Thank you

5 Mistakes Every Investor Makes and How to Avoid them is a good read, especially for someone just starting out. Honestly I'd just start with a low amount of money and see how it goes. If you're looking for retirement a safe bet is always a total stockmarket ETF. Just toss the money in there and don't think about it again.

Fidelity is a good platform. There's plenty of good ones out there. I'd stay away from Robinhood if you can. Someone mentioned earlier that Fidelity is running a deal for opening an account

I'm sure the folks with a lot more experience than me will chime in here shortly.

 

[go_deep]

This may have been covered and my apologies if I missed it, do any of you have a recommendation for a total newbie who knows absolutely nothing? As in a DIY guide/book/article for investing?
Also, what platform-if that’s even the right term for where to sign up for investing?
Thank you

My 2 cents would be to start a roth IRA, break your monthly contributions up into at least 4 funds. Once you get a little better understanding of the market, then single stocks are an option.

 

[BBob]

This may have been covered and my apologies if I missed it, do any of you have a recommendation for a total newbie who knows absolutely nothing? As in a DIY guide/book/article for investing?
Also, what platform-if that’s even the right term for where to sign up for investing?
Thank you

Start a Roth IRA and if your employer offers it invest in it's 401k. Fund those first. Invest in a low cost index fund like SPY or VOO. Start your IRA with one of the big brokerages (Fidelity, Vanguard, etc...) and max it out every year. Set monthly automatic deposit contributions. You'll be better off in the long run funding the tax deferred accounts first. Once you do that and you have extra then that's your play $$$.

 

[Team4LongGun]

Excellent-thank you Gents

 

[ORHunter]

Glad I added on that CGXEF dip instead of panic selling yesterday.

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[MountainTracker]

So thinking out loud based off of a report I heard yesterday. Are we headed towards stagflation with the high oil prices and inflation? The report was making references to the 70s gas lines, I wasn’t around then so I don’t know much about it. However, if oil stays high would the ev market see even more growth? If so what markets would you look at? The company itself like Tesla, nio, Fisker for example, or the battery companies or charging stations?

Also, for those with knowledge what was/is the commodities to invest in during stagflation? And if I’m way off in my thinking feel free to say so.


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[go_deep]

So thinking out loud based off of a report I heard yesterday. Are we headed towards stagflation with the high oil prices and inflation? The report was making references to the 70s gas lines, I wasn’t around then so I don’t know much about it. However, if oil stays high would the ev market see even more growth? If so what markets would you look at? The company itself like Tesla, nio, Fisker for example, or the battery companies or charging stations?

Also, for those with knowledge what was/is the commodities to invest in during stagflation? And if I’m way off in my thinking feel free to say so.


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The higher fossil fuel prices go, the more justification for EV. Your thinking is right.
The EV world is here to stay, it'll be just like the gas vehicle revolution though. There use to be dozens of gas vehicle manufacturers back in the beginning, many didn't make it. Because of that I'd strongly recommend buying into more than one EV stock, because they all aren't going to make it

 

[DenverCountryBoy]

So thinking out loud based off of a report I heard yesterday. Are we headed towards stagflation with the high oil prices and inflation? The report was making references to the 70s gas lines, I wasn’t around then so I don’t know much about it. However, if oil stays high would the ev market see even more growth? If so what markets would you look at? The company itself like Tesla, nio, Fisker for example, or the battery companies or charging stations?

Also, for those with knowledge what was/is the commodities to invest in during stagflation? And if I’m way off in my thinking feel free to say so.


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ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

https://twitter.com/x/status/1499385705591709698

With real inflation at 15% and rising, the fed is at a precarious position.

http://www.shadowstats.com/imgs/sgs-cpi.gif?hl=ad&t=1644507762

Some gdp forecasts have already been revised to 0% growth for Q1, Q2.

Keep an eye on copper front month contracts (HG.1). Companies buy less copper when production is being scaled back, i.e. recession inbound.

Stagflation seems likely if not imminent.

As far as energy alternates, I'm in a few that are speculative. FREY, NKLA, LCID, GWH, SLDP, REE, VLTA (full disclosure; I've been bag holding most of those since they were SPACs).

Also in Ford. They just announced two new divisions in the company, one for EVs and one for EV parts and charging.

 

[ncstewart]

Grats to borr holdouts. Wish I was one lol


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[MountainTracker]

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

https://twitter.com/x/status/1499385705591709698

With real inflation at 15% and rising, the fed is at a precarious position.

http://www.shadowstats.com/imgs/sgs-cpi.gif?hl=ad&t=1644507762

Some gdp forecasts have already been revised to 0% growth for Q1, Q2.

Keep an eye on copper front month contracts (HG.1). Companies buy less copper when production is being scaled back, i.e. recession inbound.

Stagflation seems likely if not imminent.

As far as energy alternates, I'm in a few that are speculative. FREY, NKLA, LCID, GWH, SLDP, REE, VLTA (full disclosure; I've been bag holding most of those since they were SPACs).

Also in Ford. They just announced two new divisions in the company, one for EVs and one for EV parts and charging.

Thanks for the info. I have spent most of the day looking at EV, charging and lithium companies, lots to take in.

I’m finding myself in a position where I’ll have some extra cash, and I’m trying to narrow in on the right play.


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[CorbLand]

Grats to borr holdouts. Wish I was one lol


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BORR has been rough but glad I held on.

@Broomd you seem to call oil perfectly. What’s your exit strategy for BORR and/or GTE?

 

[DenverCountryBoy]

Thanks for the info. I have spent most of the day looking at EV, charging and lithium companies, lots to take in.

I’m finding myself in a position where I’ll have some extra cash, and I’m trying to narrow in on the right play.


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Get your house in order before investing, figuratively and literally. Make yourself secure enough to weather the rough times ahead.

If you have any large expenses coming up in the next two years, you might want to bring those forward.

We decided to order new vehicles sooner than we normally would have figuring prices will be going up and used vehicles currently command a premium.

This article lays out a compelling prediction of what is coming and how to play it.

"A World At War" : Global Recession Next, And Then QE5

"A World At War" : Global Recession Next, And Then QE5 After weeks and weeks of warnings, the worst case scenario envisioned by BofA Chief Investment Strategist Michael Hartnett - worldwide stagflatio

tradeforprofit.net

 

[Jagger0502]

Anyone looking into the crypto fire sales and think a clearance is still coming? I have some some limit orders likely to get filled the way the prices are heading and wondering if I should lower them tonight. Very close on ETH, SOL and AMP orders filling. Anyone think it’s going to continue to drop more?

 

[MountainTracker]

Get your house in order before investing, figuratively and literally. Make yourself secure enough to weather the rough times ahead.

If you have any large expenses coming up in the next two years, you might want to bring those forward.

We decided to order new vehicles sooner than we normally would have figuring prices will be going up and used vehicles currently command a premium.

This article lays out a compelling prediction of what is coming and how to play it.

"A World At War" : Global Recession Next, And Then QE5

"A World At War" : Global Recession Next, And Then QE5 After weeks and weeks of warnings, the worst case scenario envisioned by BofA Chief Investment Strategist Michael Hartnett - worldwide stagflatio

tradeforprofit.net

It’s funny you say house bc that’s exactly the root of our decision, as I’ve picked up a position in another state. We are weighing the options of selling the home and walking away with a good chunk, or keep it and rent it putting $$ in our pockets every month. From what I’m seeing in my area rental prices are crazy and I don’t know how it will be sustainable especially with high gas prices and inflation of basic goods.

We purchased a new vehicle right before the low chip problem began and ran prices up. The dealership has called to try and buy it back for more than I paid, but there’s no way I’d be able to replace it at what I initially paid for it.

Thanks again for the article.


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