https://www.freightwaves.com/news/crude-shi...op-100000-a-day

And yeah... the rate charges... It has had somepretty wild swings lately....

When news are out.

You are basically already too late.

Don't time the market unless you are damn sure of it. Get your priorities straight and stick to it bruh.

Fuyooooo! Giving advice already.


There are all sort of news la...

There are news, late news and then recycled news.... and not forgetting fake news, misinformation & disinformation...


And to spice it up, there are all sort of news readers.... some read what they want to read and then, there are the headline readers...

How la ....

Ngeheheh.

Got some advice from boon gor.

So share abit to others

As for information then read more and experience more. Then you would know which to filter off and which to read on.

👀🍷🍿😛

This post has been edited by AthrunIJ: Apr 4 2023, 09:09 AM

If it looks cheap, just buy IMO. 30% percent below intrinsic value for bluechips can buy already. If it drops more, it's just an opportunity to buy more. Long term will be ok one. Waiting for it to drop even more is just being greedy.

Here's the DJI chart since 2008. DJI has gone from 8k to 33k! (now)




So terror, eh?

Oh .... and the 2 circles .... yeah that's the crash of 2008 ... magnified below ..







Looks like buy and hold forever works eh?

Oh... just make sure you don't get caught holding a stock like SVB ....

SVB chart since 2008 ...



This post has been edited by Boon3: Apr 4 2023, 09:51 AM

Nasdaq 100 TA from BT 030423:

And the danger/risk in this strategy?

Russia-Ukraine war still ongoing (affecting global food and commodity prices), Fed still increasing interest rates, albeit at a lower % now. It is rumored May 2023 will be the last rate hike by them.

However just yesterday OPEC plans to cut oil production (Saudi dislikes US), so more chance of inflation going up again due to oil price:
https://www.reuters.com/business/energy/why...put-2023-04-03/
Oil predicted to jump back to the $100 price range.

All these factors doesn't make it convincing that a solid bullrun is ongoing.

revenue = price x vol

price ada, tapi vol sikit = low revenue also = lower earnings

Opec+ cut production believes that US and EU will be coming into recession. Summer coming. Consumption will be drop.

Remain production rate will pull the oil price drop even further down.

So oil price increase might be short-term before coming down later. If such, inflation might not go up and affect much.

How you determine blue chips? Some blue chips can fell more than that as shown recently 🤦‍♀️

WSJ Markets: Heard on the Street

Tesla Keeps Growing, but at What Cost?
The EV maker’s profit outlook is deteriorating even as its stock has soared

https://www.wsj.com/articles/tesla-keeps-gr...share_permalink

--------------------

OPEC+ Oil Market Move Less Surprising Than It Seems
Latest output cut took markets by surprise, but conditions might have justified it

https://www.wsj.com/articles/opec-oil-marke...share_permalink

-----------------------

Investors Are Too Spooked by Washington’s PBM Crackdown
Efforts to take on Cigna and CVS pharmacy benefit managers won’t hurt as much as Wall Street expects

https://www.wsj.com/articles/investors-are-...share_permalink

---------------------

For Regional Banks, Does More Debt Mean Fewer Problems?
New requirements might be expensive but help mitigate deposit-flight risk

https://www.wsj.com/articles/for-regional-b...share_permalink

------------------

Another Quarter, Another Change in EV Tax Credits
The rules tighten on April 18. With supply chains in sharper focus, Tesla and GM look to be better placed than Ford.

https://www.wsj.com/articles/another-quarte...share_permalink

---------------------

After Adani’s Crisis, India’s Vedanta Looks Vulnerable Too
Vedanta Resources is bleeding its subsidiaries dry as it struggles to deleverage

https://www.wsj.com/articles/after-adanis-c...share_permalink

------------------

Green Energy Is Stuck at a Financial Red Light
Rising interest rates are just one of many factors that could throw a wrench in wind and solar developers’ plans

https://www.wsj.com/articles/green-energy-f...share_permalink

------------------

Carl Icahn Wants to Bring Illumina’s Old CEO Back, Disney-Style
Billionaire activist signals he wants retired CEO Jay Flatley to come back and Grail divested

https://www.wsj.com/articles/carl-icahn-wan...share_permalink

-----------------

Credit Suisse Has UBS Worried, Spurring Return of Sergio Ermotti
Hiring a trusted pair of hands for the task of integrating Credit Suisse is good news, but also highlights the nervousness of UBS’s board

https://www.wsj.com/articles/credit-suisse-...share_permalink

----------------

For Alibaba, Six Is Bigger Than One—And a Smaller Target
There are good reasons to think a split-up Alibaba would be more valuable

https://www.wsj.com/articles/for-alibaba-si...share_permalink

-----------------

Will the ‘Korea Discount’ for Stocks Finally Disappear?
A significant buying opportunity in Asia—for longer-term investors—could be hiding in plain sight

https://www.wsj.com/articles/will-the-korea...share_permalink

Bursa black gold. Not US oil.

Was hoping for demand driven price hike but it came as a supply side price increase.

Welcome the news but this is just dumb luck not because i made a good call.

Hahaha... I see.

Let me guess.... it's either flower or boat.

Supply issue is a disaster that's bound to happen. There is a war going on and an oil embargo going on, and oil is not rocketing?

And the bargaining chip from the shale oilers,? That's rather diminishing, isn't it? Worst still there's a Bodeh in charge....

Yeah... that's the scary thought.... the oil inflation....

Yea flower brand

Just waiting for a windfall cycle like our old glove cycle to happen.

But with economy cooling, potential has diminished.

Oil demand drop mean the world economy is poorer than expected and high oil price reduce consumers spending. the vicious cycle may carry on until mbs realize high oil price is detrimental to his economic transformation and investment.

What’s going on with the GLD upside now 🤦‍♀️

Bought too little yesterday 🤦‍♀️

The interesting issue mentioned in crude shipments, China demand for oil had been picking up. And this had resulted in soaring rates. See the older news link posted.

https://www.freightwaves.com/news/crude-shi...op-100000-a-day

But of course, with the news of the cut in oil output, this caused a reaction in the charter rates.

https://www.freightwaves.com/news/opec-thro...king-confidence

* my 3 sen is China and India is still going to buy more oil from Russia. Cheap is always good. And with supply being cut, them, Da Ge gang might probably sapu more... *

From the first link.....

'More VLCCs are now heading to China again. Kpler analyst Matthew Wright told FreightWaves on Friday, “VLCCs have moved up quite a bit in recent weeks, and a big increase in fixtures from the U.S. to China has played a big part in this. There have been 13 booked so far this month, up from four in February and six in January.”