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
USA Stock Discussion v8, Brexit: What happens now?
USA Stock Discussion v8, Brexit: What happens now?
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Jun 12 2017, 09:50 PM
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#2121
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All Stars
10,124 posts Joined: Aug 2007 |
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 |
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Jun 13 2017, 02:17 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
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Jun 13 2017, 10:33 PM
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#2123
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All Stars
10,124 posts Joined: Aug 2007 |
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.. |
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Jun 13 2017, 10:38 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
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Jun 13 2017, 10:46 PM
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#2125
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All Stars
10,124 posts Joined: Aug 2007 |
Despite the pull back from two days ago, AAPL still up 30% year to date.
I think every dips will be bought regardless. Same goes for FB. |
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Jun 13 2017, 11:41 PM
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All Stars
24,456 posts Joined: Nov 2010 |
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... |
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Jun 14 2017, 12:15 AM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(AVFAN @ Jun 13 2017, 11:41 PM) oil/energy bouncing around... Saudi can cut as much supply as she wants, the shortfall will be filled by shale, iranian and russians.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... |
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Jun 15 2017, 12:21 AM
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All Stars
17,100 posts Joined: Mar 2005 |
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.
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Jun 15 2017, 01:36 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
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Jun 15 2017, 03:44 AM
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All Stars
21,457 posts Joined: Jul 2012 |
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Jun 15 2017, 03:52 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
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Jun 15 2017, 08:27 AM
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All Stars
10,124 posts Joined: Aug 2007 |
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.. |
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Jun 15 2017, 08:32 AM
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Senior Member
2,906 posts Joined: May 2015 |
QUOTE(danmooncake @ Jun 15 2017, 08:27 AM) Nervously still holding on the short PUTs for QQQ. And I thought June is supposedly a good month of oil. This year is an exception, what a shame.Hopefully, can stay above 138 by Friday closing. Two more trading sessions to go. Oil koyak... back to 45, horrible API and EIA number.. Luckily sold off my USO call options. This is really gone case. |
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Jun 15 2017, 01:54 PM
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All Stars
21,457 posts Joined: Jul 2012 |
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. If commodity price is as predictable, there won't be poor people around.Luckily sold off my USO call options. This is really gone case. This post has been edited by icemanfx: Jun 15 2017, 02:44 PM |
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Jun 15 2017, 10:22 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
ok, now 2400 coming...
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Jun 20 2017, 12:55 AM
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All Stars
10,124 posts Joined: Aug 2007 |
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. |
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Jun 20 2017, 12:58 AM
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All Stars
10,124 posts Joined: Aug 2007 |
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. The non-OPEC producers are producing like crazy. So, any cuts by OPEC almost seems nothing to them.Luckily sold off my USO call options. This is really gone case. 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. |
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Jun 20 2017, 01:33 AM
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All Stars
24,456 posts Joined: Nov 2010 |
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. "$60-70 by 2017" now becomes "$40-50" for the rest of the decade". 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. |
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Jun 20 2017, 02:09 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
2450 hit....
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Jun 20 2017, 02:10 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
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 now is 44.44 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. |
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