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 USA Stock Discussion v8, Brexit: What happens now?

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danmooncake
post Jun 12 2017, 09:50 PM

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Tech stocks still being sold off today.. but XLE and UWT are doing good.
Rotation still going on..

This post has been edited by danmooncake: Jun 12 2017, 09:50 PM
yok70
post Jun 13 2017, 02:17 AM

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QUOTE(danmooncake @ Jun 12 2017, 09:50 PM)
Tech stocks still being sold off today.. but XLE and UWT are doing good.
Rotation still going on..
*
beautiful....let the force continues....waiting apple to come below 130.... cool2.gif
danmooncake
post Jun 13 2017, 10:33 PM

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Tech stocks recovering... at least it begun after the sold at open yesterday.
Time to sell more Puts and see if this will work by Friday.

Wish me luck.. sweat.gif

yok70
post Jun 13 2017, 10:38 PM

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QUOTE(danmooncake @ Jun 13 2017, 10:33 PM)
Tech stocks recovering... at least it begun after the sold at open yesterday.
Time to sell more Puts and see if this will work by Friday.

Wish me luck..  sweat.gif
*
good luck biggrin.gif
danmooncake
post Jun 13 2017, 10:46 PM

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Despite the pull back from two days ago, AAPL still up 30% year to date. thumbup.gif
I think every dips will be bought regardless.

Same goes for FB.

AVFAN
post Jun 13 2017, 11:41 PM

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oil/energy bouncing around...

one hour, saudi says cut supply... next hour, opec production has increased...

now waiting for weekly api/eia data.

hard to feel where it is going.

just holding some xle/oih, do nothing else...
icemanfx
post Jun 14 2017, 12:15 AM

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QUOTE(AVFAN @ Jun 13 2017, 11:41 PM)
oil/energy bouncing around...

one hour, saudi says cut supply... next hour, opec production has increased...

now waiting for weekly api/eia data.

hard to feel where it is going.

just holding some xle/oih, do nothing else...
*
Saudi can cut as much supply as she wants, the shortfall will be filled by shale, iranian and russians.

mikehwy
post Jun 15 2017, 12:21 AM

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wow. just took a peep n seeing crude drops by 3.5%. a long long red candle at 11pm. must b the rig count or what.
yok70
post Jun 15 2017, 01:36 AM

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QUOTE(mikehwy @ Jun 15 2017, 12:21 AM)
wow. just took a peep n seeing crude drops by 3.5%. a long long red candle at 11pm. must b the rig count or what.
*
waterfall... laugh.gif
icemanfx
post Jun 15 2017, 03:44 AM

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QUOTE(yok70 @ Jun 15 2017, 01:36 AM)
waterfall... laugh.gif
*
It seems OPEC has dig itself between the rock and the hard place. Price likely to stay at this level or lower for extended period.

yok70
post Jun 15 2017, 03:52 AM

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QUOTE(icemanfx @ Jun 15 2017, 03:44 AM)
It seems OPEC has dig itself between the rock and the hard place. Price likely to stay at this level or lower for extended period.
*
shale is shouting increasing production.... laugh.gif
danmooncake
post Jun 15 2017, 08:27 AM

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Nervously still holding on the short PUTs for QQQ.
Hopefully, can stay above 138 by Friday closing.
Two more trading sessions to go.

Oil koyak... back to 45, horrible API and EIA number..
ILoveLalat.net
post Jun 15 2017, 08:32 AM

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QUOTE(danmooncake @ Jun 15 2017, 08:27 AM)
Nervously still holding on the short PUTs for QQQ.
Hopefully, can stay above 138 by Friday closing.
Two more trading sessions to go.

Oil koyak... back to 45,  horrible API and EIA number..
*
And I thought June is supposedly a good month of oil. This year is an exception, what a shame.

Luckily sold off my USO call options. This is really gone case. shakehead.gif
icemanfx
post Jun 15 2017, 01:54 PM

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QUOTE(ILoveLalat.net @ Jun 15 2017, 08:32 AM)
And I thought June is supposedly a good month of oil. This year is an exception, what a shame.

Luckily sold off my USO call options. This is really gone case.  shakehead.gif
*
If commodity price is as predictable, there won't be poor people around.

This post has been edited by icemanfx: Jun 15 2017, 02:44 PM
yok70
post Jun 15 2017, 10:22 PM

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ok, now 2400 coming... laugh.gif
danmooncake
post Jun 20 2017, 12:55 AM

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General market pretty strong... all caught up with tech now. Tech is the lagger now.
Almost seems like they've shifted money from tech to both SP500 and Dow only.


danmooncake
post Jun 20 2017, 12:58 AM

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QUOTE(ILoveLalat.net @ Jun 15 2017, 08:32 AM)
And I thought June is supposedly a good month of oil. This year is an exception, what a shame.

Luckily sold off my USO call options. This is really gone case.  shakehead.gif
*
The non-OPEC producers are producing like crazy. So, any cuts by OPEC almost seems nothing to them.
Oil prices now are back to the same level as if OPEC didn't make any announcement in November.

Since then, non-OPEC producers like US/Canada have increased a lot of rigs. Inventory still quite high.
AVFAN
post Jun 20 2017, 01:33 AM

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QUOTE(danmooncake @ Jun 20 2017, 12:58 AM)
The non-OPEC producers are producing like crazy. So, any cuts by OPEC almost seems nothing to them.
Oil prices now are back to the same level as if OPEC didn't make any announcement in November.

Since then, non-OPEC producers like US/Canada have increased a lot of rigs. Inventory still quite high.
*
"$60-70 by 2017" now becomes "$40-50" for the rest of the decade". laugh.gif
yok70
post Jun 20 2017, 02:09 AM

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2450 hit.... cool2.gif
yok70
post Jun 20 2017, 02:10 AM

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QUOTE(danmooncake @ Jun 20 2017, 12:58 AM)
The non-OPEC producers are producing like crazy. So, any cuts by OPEC almost seems nothing to them.
Oil prices now are back to the same level as if OPEC didn't make any announcement in November.

Since then, non-OPEC producers like US/Canada have increased a lot of rigs. Inventory still quite high.
*
oil now is 44.44 biggrin.gif

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