USA Stock Discussion v7
New thread!
This post has been edited by bennike129: Jun 28 2016, 08:36 AM
USA Stock Discussion v8, Brexit: What happens now?
|
|
Jun 14 2016, 07:45 PM, updated 10y ago
Show posts by this member only | Post
#1
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,455 posts Joined: Aug 2008 From: Malaysia |
USA Stock Discussion v6 USA Stock Discussion v7 New thread! This post has been edited by bennike129: Jun 28 2016, 08:36 AM brotec liked this post
|
|
|
|
|
|
Jun 14 2016, 08:18 PM
Show posts by this member only | Post
#2
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
any question like "what platform, what brokers, what banks...", please read: interactive brokers (ib), td ameritrade asia (tdaa): https://forum.lowyat.net/topic/3396549/+220#bottom others: https://forum.lowyat.net/topic/2378747/+60?...20stocks#bottom https://forum.lowyat.net/topic/3595816#bottom https://forum.lowyat.net/topic/3600727#bottom This post has been edited by AVFAN: Jun 30 2016, 02:20 PM anon118 liked this post
|
|
|
Jun 14 2016, 09:54 PM
Show posts by this member only | Post
#3
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
as per new thread titile : i personally hope that brits will exit. it is to preserve the traditional 'feel' of English culture there.
internationally n economically, it shd not leave as it will greatly affect fdi and flow of goods and labour. p/s: i was there for over a decade! This post has been edited by mikehwy: Jun 14 2016, 09:55 PM |
|
|
Jun 14 2016, 10:12 PM
Show posts by this member only | Post
#4
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jun 14 2016, 09:54 PM) as per new thread titile : i personally hope that brits will exit. it is to preserve the traditional 'feel' of English culture there. uk already not in the euro currency.internationally n economically, it shd not leave as it will greatly affect fdi and flow of goods and labour. p/s: i was there for over a decade! if it leaves the eu, it will be cut off from a lot of "european" things. and things "european" have close ties to usa. i think bad news overall if it leaves. that might prompt others to leave. and that means the failure of a pan-european dream, a precursor to failures of similar groupings around the globe. |
|
|
Jun 14 2016, 10:19 PM
Show posts by this member only | Post
#5
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
anyone dwti'ed?
went in 74.65. hope to get a grouper tonight after a couple nights of anchovies. |
|
|
Jun 15 2016, 12:11 AM
Show posts by this member only | IPv6 | Post
#6
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
21,456 posts Joined: Jul 2012 |
QUOTE(mikehwy @ Jun 14 2016, 09:54 PM) as per new thread titile : i personally hope that brits will exit. it is to preserve the traditional 'feel' of English culture there. Despite integration, German and French remain distinct. Dilution of Englishness would from South Asian migrant.internationally n economically, it shd not leave as it will greatly affect fdi and flow of goods and labour. p/s: i was there for over a decade! If British exit from Eu, there will be a drastic increase in illegal immigrants, which will be more difficult to administrate than current arrangement. A lack of Polish in the u.k will drive up wages and cost. This referendum is likely to cause Tory to lose the next g.e. |
|
|
|
|
|
Jun 15 2016, 01:21 AM
Show posts by this member only | Post
#7
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jun 15 2016, 02:10 AM
Show posts by this member only | Post
#8
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jun 15 2016, 01:21 AM) i'm also waiting for the price prices of xle-oih-slb to soften further to buy again.current levels not good enough. almost time... next 20 min will tell if i should get out of dwti or hold till tmrw. market looks weak, may fall further...? |
|
|
Jun 15 2016, 03:25 AM
Show posts by this member only | Post
#9
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
VIX above 20.。。。
|
|
|
Jun 15 2016, 07:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
interesting session ahead... (don't forget russia-slovakia match at 9pm!)
... brexit matters but europe up ... dow futures +40 ... fomc meeting ends at 2am ... api last night says +1.2m bbls, iea report tonight ... wti <48 This post has been edited by AVFAN: Jun 15 2016, 07:25 PM |
|
|
Jun 15 2016, 08:46 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jun 15 2016, 07:18 PM) interesting session ahead... (don't forget russia-slovakia match at 9pm!) brexit could be a non-event eventually. UK is using pound and not Euro$, how serious can the exit be? ... brexit matters but europe up ... dow futures +40 ... fomc meeting ends at 2am ... api last night says +1.2m bbls, iea report tonight ... wti <48 |
|
|
Jun 15 2016, 09:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jun 15 2016, 08:46 PM) brexit could be a non-event eventually. UK is using pound and not Euro$, how serious can the exit be? pound sterling will flee to usd, euro and yen bonds, all stocks will fall.yen bonds -ve, german bonds just went -ve, us bonds next. pay the banks to keep yr money, nice. |
|
|
Jun 15 2016, 10:15 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
eia report in 15 min.
|
|
|
|
|
|
Jun 15 2016, 10:43 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
api says +1.2mil, eia says -933K.
nice for traders... short again! This post has been edited by AVFAN: Jun 15 2016, 10:45 PM |
|
|
Jun 15 2016, 11:01 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Crude went green for a short while n still struggling.
Tempted to buy few Uwti while waiting for swiss-romania match ????? |
|
|
Jun 15 2016, 11:02 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jun 15 2016, 11:05 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 15 2016, 11:15 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jun 15 2016, 11:17 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
The oil bulls are trying to turn this around after 5 days of pulling back..
XLE bounces off the 50dma yesterday, so I just follow on the long side here to play along. |
|
|
Jun 15 2016, 11:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jun 15 2016, 11:17 PM) The oil bulls are trying to turn this around after 5 days of pulling back.. yep, small +ve news = reason to rally! XLE bounces off the 50dma yesterday, so I just follow on the long side here to play along. fomc statement at 2am - no brainer, rates will be unchanged. hondaracer liked this post
|
|
|
Jun 15 2016, 11:22 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jun 16 2016, 12:13 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jun 16 2016, 12:32 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti gone wild tonight... thanks to api-eia conflicting reports in an already jittery market
|
|
|
Jun 16 2016, 02:30 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
Fed leaves rates unchanged, indicates it might only raise once this year
stocks hold gains, but no fierce rally like last couple of times. wti drifts lower, looking down for a 5th day in a row. |
|
|
Jun 16 2016, 03:42 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
oil sinking....next would be 47. If broken, looking to see 46.20....
|
|
|
Jun 16 2016, 12:43 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 16 2016, 03:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(danmooncake @ Jun 15 2016, 11:22 PM) By next week, supposedly Brexit... they'll say it is already priced it. british bookmakers are giving almost the same odds for leaving and not-leaving.After the vote, they'll push it up again. i pro leaving as i wish the british culture n traditions (including the tory gomen) will remain less diluted by foreigners. |
|
|
Jun 16 2016, 07:52 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
busy night ahead...
japan -3% europe -1% dow futures -7x. wti near 47. and... england play wales 9pm. |
|
|
Jun 16 2016, 09:53 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Holy moly... brexit came early!
|
|
|
Jun 16 2016, 09:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti <47.
wanna do more dwti, no chance... yet. |
|
|
Jun 16 2016, 09:57 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
XLE finally at 65.xx, opportunity here. Hoping it will crawl back slightly above that 50dma line.
|
|
|
Jun 16 2016, 09:59 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jun 16 2016, 10:03 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
looks like dow wanna shed 200 pts... wti wants to got 46.20.
ok, gotta go back to watch wales kick england in the 2nd half. |
|
|
Jun 16 2016, 10:14 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
VIX 22....more coming?
|
|
|
Jun 16 2016, 10:15 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jun 16 2016, 10:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jun 16 2016, 10:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
wow. whar a british game at euro 16.
raheem sterling shd never be in the starting line up. sturridge was totally under played n wrongly sold. he was the only person playing football for this game, with brain, vision, speed and honesty. most were day dreaming!!!! |
|
|
Jun 16 2016, 11:06 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jun 16 2016, 10:54 PM) wow. whar a british game at euro 16. bummer. i was up and then lost 1/2. raheem sterling shd never be in the starting line up. sturridge was totally under played n wrongly sold. he was the only person playing football for this game, with brain, vision, speed and honesty. most were day dreaming!!!! |
|
|
Jun 16 2016, 11:17 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 16 2016, 11:36 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jun 16 2016, 11:36 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jun 16 2016, 11:43 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jun 16 2016, 11:36 PM) i have been everywhere! but yes, last few sessions, been dwti'ing. sold off the last ones just now. question is what's coming next - down still, reverse or flat? 46.2x has strong support, won't go below so easily, i think. |
|
|
Jun 16 2016, 11:46 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jun 16 2016, 11:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 17 2016, 01:07 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
turn of the tide?
dow gone green, wti recovers 1%! |
|
|
Jun 17 2016, 02:31 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Almost green for XLE... gain a $1 here!
|
|
|
Jun 17 2016, 02:42 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
so bulls have had enough of brexit crap?
|
|
|
Jun 17 2016, 02:44 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
alright, i've just gone uwti at 30.20.
will see tmrw if there be a reversal or fall for a 7th session. now back to the tv for germany-poland. |
|
|
Jun 17 2016, 03:14 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jun 17 2016, 10:14 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 17 2016, 11:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jun 17 2016, 10:14 AM) oil bull returns? in fact, whole world's market bullish today, don't know for what reason. Some said because UK murder case on voting thing? give me a break. This post has been edited by yok70: Jun 17 2016, 11:42 PM |
|
|
Jun 18 2016, 12:00 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jun 17 2016, 11:42 PM) oil bull returns? i don't think so.... just a rebound after 6 days of decline.in fact, whole world's market bullish today, don't know for what reason. Some said because UK murder case on voting thing? give me a break. will be tough to cross 47.50 convincingly. broader market is weak still, tech and healthcare down-down. got out of uwti. now go watch croatia-czech match. be back at 2am, see what happens with rig count report. |
|
|
Jun 18 2016, 12:12 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Amazing... market down but Oil and XLE is up.. $2 gained for two days. Time to take money off the table for the weekend.
Dunno what's going to happen next week after brexit but good enough for now. This post has been edited by danmooncake: Jun 18 2016, 12:13 AM |
|
|
Jun 18 2016, 02:33 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
wow...48....
|
|
|
Jun 18 2016, 02:52 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
surprisingly strong... dow also recovered.
maybe chance to short next week... |
|
|
Jun 18 2016, 06:07 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
This week.. really interesting move for Oil.
We seen it pulled back all the way from $50.xx to $45.xx then, back to $48.xx by closing. It's gonna keep us guessing where it wants to move by next week. either another attempt to break out to $50 again or roll back down. |
|
|
Jun 18 2016, 11:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jun 18 2016, 06:07 AM) This week.. really interesting move for Oil. yes, all big moves in the last 7 sessions.We seen it pulled back all the way from $50.xx to $45.xx then, back to $48.xx by closing. It's gonna keep us guessing where it wants to move by next week. either another attempt to break out to $50 again or roll back down. luck i was, able to ride on all 7, all closed out now. wti closed 48.10. next week mon-thu may be even more jittery as brexit vote comes on thu. busy week ahead! |
|
|
Jun 18 2016, 08:46 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
Brexit poll on 23, will not trade though. But Im biased (dangerous habit) Bremain which, will, set ATH again. Local klci set for double bottom setup also.
|
|
|
Jun 19 2016, 03:37 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jun 19 2016, 03:38 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(danmooncake @ Jun 18 2016, 06:07 AM) This week.. really interesting move for Oil. wondering how's the bets in online gambling now. We seen it pulled back all the way from $50.xx to $45.xx then, back to $48.xx by closing. It's gonna keep us guessing where it wants to move by next week. either another attempt to break out to $50 again or roll back down. |
|
|
Jun 20 2016, 07:02 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
|
|
|
Jun 20 2016, 08:30 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Crude is on the rampage again. With dows future sky rocketing wonder how far can crude goes. 50??
|
|
|
Jun 20 2016, 09:26 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 20 2016, 11:27 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Wow. Hitting 50 any any time from now.
What a commodity !!! Congrats to longers!!! |
|
|
Jun 21 2016, 01:53 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Yup.. back to $50 again.. Now, let's hope for it to go down one more time...back to $45 after Brexit vote. |
|
|
Jun 21 2016, 01:53 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
wow....bull party today!
|
|
|
Jun 21 2016, 02:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti after rising 2.4% running out of steam...?
i did a uwti earlier. about to get out - ikan bilis... |
|
|
Jun 21 2016, 07:52 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
strange night ahead...
dow futures +6x. europe +0.5% wti...48.72 (jul), 49.19 (aug)... -1.5%. |
|
|
Jun 21 2016, 10:09 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Look ar that crude. Its now a 1 day up 1 day down syndrome.
|
|
|
Jun 21 2016, 10:19 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 21 2016, 10:26 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jun 21 2016, 10:29 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jun 21 2016, 10:26 PM) Haha i hv stopped dlirting with it atm. Getting sleepy with the boring euro 2016. Hope the germans n the pollish will play more entertaining soccer at midnight. the poles will make it. the germans too.but to win bets with asian handicap, that's a diff story. for that, my money on poland and croatia tonight. will be staying up tonight. will be good to get double happiness. |
|
|
Jun 22 2016, 03:49 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(AVFAN @ Jun 21 2016, 10:29 PM) the poles will make it. the germans too. wow, spanish match was among the best after Germany-Ukraine match in round 1.but to win bets with asian handicap, that's a diff story. for that, my money on poland and croatia tonight. will be staying up tonight. will be good to get double happiness. meanwhile, crude has rebounded quite well and Uwti is green, up 2.0 from day's low. |
|
|
Jun 22 2016, 10:09 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jun 22 2016, 03:49 AM) wow, spanish match was among the best after Germany-Ukraine match in round 1. croatia is fabulous! meanwhile, crude has rebounded quite well and Uwti is green, up 2.0 from day's low. crude... api reports big stock draw; eia report will be opposite? brexit haunting markets again today...? |
|
|
Jun 22 2016, 06:30 PM
|
![]() ![]()
Junior Member
200 posts Joined: Jul 2007 |
Hey guys, other than TDA what other US brokers are good and charge less trading fee?
|
|
|
Jun 22 2016, 06:44 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 22 2016, 10:33 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
like i said, opposite...
u wonder if the data compilers need to be sacked after so many times like this! QUOTE U.S. crude stockpiles fell by 5.2 million barrels last week, the American Petroleum Institute (API) said on Tuesday BREAKING: US crude inventories fall by 900,000: EIA |
|
|
Jun 23 2016, 04:05 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
article saying we'll only know the brexit on friday morning....hmm....then tomorrow could be another non-event market?
|
|
|
Jun 23 2016, 04:25 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jun 23 2016, 11:00 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 23 2016, 01:52 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
With all these boo haa about Brexit, it is interesting to know some of the pros and cons about it.
Have you guys watch Brexit the movie? If not, just search on YouTube, Brexit the movie, it's like 70 mins long.. watch this with popcorn and soda while we wait for the real thing to happen by Friday and see how the market reacts. This post has been edited by danmooncake: Jun 23 2016, 01:54 PM |
|
|
Jun 23 2016, 02:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
been reading a few things about brexit/bremain.
the politicians and biz community wants bremain; common/poorer folks want brexit. latest polls too close to call. can see futures and oil price are towards the upside, i.e. investors are banging on bremain. but we will get a realistic assessment of the risks investors are willing to take towards market opening later. a couple hours before the vote results are known and towards market close, at 3-4am, we should see major volatility as the stocks, fx and commodities traders will be doing some frantic buying and selling. even last night, wti went from 50.50 to 48.50, then to 49.50 this morning. too bad, no euro2016 match to keep me up but still, i will probably stay up until market close. there should be plenty of opportunities to trade! i am prepared for a brexit vote. if bremain, never mind. This post has been edited by AVFAN: Jun 23 2016, 02:59 PM |
|
|
Jun 24 2016, 11:18 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
BREXIT gaining momentum!!
Bears can smell blood... |
|
|
Jun 24 2016, 01:21 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
brexit it is.
seeing the movements since last night, the markets were probably too upbeat and overly eager to push everything higher for bremain. so, the correction tonight and next week may be severe. get your cash ready. dow futures -700. wti -6% at 47. lesson - markets can get it wrong! |
|
|
Jun 24 2016, 02:09 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(AVFAN @ Jun 24 2016, 01:21 PM) i thought this is interesting... QUOTE Brexit: How did this just happen? The betting markets were misinterpreted One of the biggest reasons that traders were complacent about the possibility of a leave vote was that the betting markets, which are often believed to be more reliable than polling, suggested remain would carry the day. Pippa Malmgrem, the author and economist, argued that these results were skewed by those betting on Remain placing larger bets. Bookie odds were skewed by the larger bet sizes by remainers (£450) vs leavers (£75). Majority of bets were leavers http://www.cnbc.com/2016/06/24/brexit-how-...ust-happen.html |
|
|
Jun 24 2016, 03:24 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
wow....exit!
|
|
|
Jun 24 2016, 05:08 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,820 posts Joined: May 2010 From: Kuala Lumpur |
Guess those SPY puts I bought were a good decision in the end.
Bought and sold some BARC this morning (LSE) , quick in and out (well, about an hour) |
|
|
Jun 24 2016, 06:47 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 24 2016, 09:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
blood is so not enough.
where are bears hiding?? hesitate? |
|
|
Jun 24 2016, 09:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 24 2016, 09:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jun 24 2016, 11:06 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
thinking of buying google/alphabet c today...?
|
|
|
Jun 24 2016, 11:13 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
See... big gap down is a huge buy (or cover), even for intraday trade, it will be profitable.
This post has been edited by danmooncake: Jun 24 2016, 11:14 PM |
|
|
Jun 24 2016, 11:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
haiz... feeling sleepy...
wti looks determined to hang on to 48, not lower. |
|
|
Jun 25 2016, 12:07 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
21,456 posts Joined: Jul 2012 |
Opportunity to buy buy buy.
|
|
|
Jun 25 2016, 01:23 AM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
852 posts Joined: Jan 2003 |
Bagged in some Bank of America
|
|
|
Jun 25 2016, 01:28 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
in normal times, such news will have oil bulls pushing wti up by $1.
not today... US oil rig count falls in 1st decline in 4 weeks, down 7 to 330: Baker Hughes |
|
|
Jun 25 2016, 03:34 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
damn....i almost bought uvxy past few days....too bad, didn't hit the button.
today alone, over 40% profit. |
|
|
Jun 25 2016, 09:43 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jun 25 2016, 03:34 AM) damn....i almost bought uvxy past few days....too bad, didn't hit the button. becos u saw bremain and not brexit?today alone, over 40% profit. i was not convinced of bremain as the politicians and media were overhyping "how bad it will be for you if brexit". the carnage continued until end of the day, will likely continue next week. had put some money on dwti the day before, even early last night. took 1/2 profit, still holding 1/2. stocks and crude are not going anywhere anytime soon, imo. This post has been edited by AVFAN: Jun 25 2016, 09:45 AM |
|
|
Jun 26 2016, 11:55 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Sell signals are flashing all over the places.... tomorrow will be interesting to see if any more bears come out to play after the big papa bear on Friday.
|
|
|
Jun 27 2016, 11:05 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jun 26 2016, 11:55 PM) Sell signals are flashing all over the places.... tomorrow will be interesting to see if any more bears come out to play after the big papa bear on Friday. volatility will rule for a few days.i think i may nitpick some stocks here and there tonight. oil/energy... think will wait, likely soften further as oil bulls grapple with brexit shock. |
|
|
Jun 27 2016, 05:15 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
today market is relatively calm....(already?!)....
|
|
|
Jun 27 2016, 05:34 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 27 2016, 06:27 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jun 27 2016, 05:34 PM) nah... not so quick! maybe lead by US, world's biggest market taikor. the volatility will return. just need a spark or two - like holland starts to talk netherexit or some european bank goes bust. plenty of trading opportunities... for now. in hk/china, i'm seeing lots of green blink today. bursa also too calm....too boring.... This post has been edited by yok70: Jun 27 2016, 06:28 PM |
|
|
Jun 27 2016, 06:29 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
oil is heading 46.20 btw....
if it dare go 43.70, i'd be very tempting to long it.... This post has been edited by yok70: Jun 27 2016, 06:31 PM |
|
|
Jun 27 2016, 06:38 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jun 27 2016, 06:29 PM) 43.70 is a long way off, if it comes.watch 46.69. if it breaks that, it will go down further. tonight, think i will find chance to short again - dow futures, europe looking very sick... the interesting thing is, as for some weeks/months now... wti rises in the day only to dive before nymex opens. man, if u trade long in asian-europe, u get f'ed everyday! |
|
|
Jun 27 2016, 08:59 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(AVFAN @ Jun 27 2016, 06:38 PM) watch 46.69. broken... 46.52. so fast. if it breaks that, it will go down further. next stop... 46.00? |
|
|
Jun 27 2016, 09:14 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
dax rebounding it seems... watch out for mean reversal
|
|
|
Jun 27 2016, 09:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
wow, dows -200+. no wonder the futures drops by 4pm!
crude? i really dunno how? !!! |
|
|
Jun 27 2016, 09:50 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
Crude next support 45.8... Futures don't look good liao
|
|
|
Jun 27 2016, 10:17 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
everything's on sale... no one buying?!
|
|
|
Jun 27 2016, 10:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
If crude dips below 46 it spells another gap down at open for local indices. Huh, what a turbulent period !!
|
|
|
Jun 27 2016, 10:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
No. Me not buying at all after looking into europe indices. Its luke a 3rd world war there. I m making a coffee while watching the sad scenes
|
|
|
Jun 27 2016, 10:31 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jun 27 2016, 10:33 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 27 2016, 10:40 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jun 27 2016, 11:27 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 27 2016, 11:34 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
looks like 43.x may come sooner than we think...
|
|
|
Jun 28 2016, 12:52 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Let's wait for $45.xx first....
I think the Bulls come out and will try to defend this area. |
|
|
Jun 28 2016, 01:00 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
first suport 46.20 broken....at the moment....
if it goes for real, next support could be at 43.70?.... This post has been edited by yok70: Jun 28 2016, 01:00 AM |
|
|
Jun 28 2016, 01:30 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Sp500 trying to stay above 2000 level here...
|
|
|
Jun 28 2016, 01:42 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Opps... $45.88.. here it comes. Faster than I anticipated.
|
|
|
Jun 28 2016, 02:18 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Damn. Everything is for sale. Dirt low now with diws -300. Scary scene for the global economy.
|
|
|
Jun 28 2016, 02:30 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti dead cat bounce?
|
|
|
Jun 28 2016, 03:34 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jun 28 2016, 11:02 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jun 28 2016, 03:34 AM) now almost 47!dow futures +1xx. after 2 days of carnage, should recover a bit tonight. but i think will be bumpy, need to tread carefully. i did pick up bits of my fav counters last night. but got out of dwti and staying out dwti/uwti - this pair is too hot for now! |
|
|
Jun 28 2016, 05:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
what to expect tonight?
.. europe +2% .. dow futures +200 .. gdp slide halted, usd weakens .. talk of major central banks loosening (again) soon .. fed now expected to cut rate instead of hike! .. wti rise 2% to >47 oil bulls back in play... norwegian oil workers going on strike. would be a disaster to have held dwti overnight. |
|
|
Jun 28 2016, 10:44 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Gap up...let's play the gap fill here.
|
|
|
Jun 28 2016, 11:05 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti is wild tonight...
a chance dow will go red later...? This post has been edited by AVFAN: Jun 28 2016, 11:06 PM |
|
|
Jun 29 2016, 12:33 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Crude seems struggling at 47.25. But dows has been resilient now. Will it hold?
|
|
|
Jun 29 2016, 12:45 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jun 29 2016, 12:33 AM) ya, wti is fragile...up and then lost almost 2% in one hour, now recovering pretty fast too. i thought it was going back to 46 but now, it looks like going to 48. api data after closing, eia data tmrw - the weekly game coming up. if dow close around +200, tmrw should see a continued recovery. i'm starting to feel a little bullish. This post has been edited by AVFAN: Jun 29 2016, 12:47 AM |
|
|
Jun 29 2016, 01:08 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
weak bear...
brexit may turn out a non-event.... |
|
|
Jun 29 2016, 02:00 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti looking strong again.
so are all the oil/energy counters. 30min to wti closing. if it rallies before that, good news for uwti! |
|
|
Jun 29 2016, 02:37 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 29 2016, 02:55 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jun 29 2016, 09:44 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jun 29 2016, 02:55 AM) the media and investment houses are influential.now, many are saying brexit is overblown, brexit may not happen after all... and talk of rate cut instead of hike. plus this: Oil futures climbed in electronic trading Tuesday after the American Petroleum Institute reported that U.S. crude supplies fell by 3.9 million barrels for the week ended June 24, according to sources. Analysts polled by S&P Global Platts forecast a fall of 2.4 million barrels for crude inventories. wti now 48.30, maybe going 50 soon. tonight looking like another bull...?! |
|
|
Jun 29 2016, 01:27 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(AVFAN @ Jun 29 2016, 12:45 AM) ya, wti is fragile... up and then lost almost 2% in one hour, now recovering pretty fast too. i thought it was going back to 46 but now, it looks like going to 48. api data after closing, eia data tmrw - the weekly game coming up. if dow close around +200, tmrw should see a continued recovery. i'm starting to feel a little bullish. QUOTE(yok70 @ Jun 29 2016, 01:08 AM) Volatile volatile. Crude was crawling upwards thru out. Me too feeling bit bullish. Game on....for uwti?? |
|
|
Jun 29 2016, 01:40 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jun 29 2016, 01:27 PM) Volatile volatile. Crude was crawling upwards thru out. Me too feeling bit bullish. Game on....for uwti?? i'm already in.price not so good - it was hard because it was a big V from start to finish. but think can still get some profit tonight. only thing is whether eia will report +3.9mil vs api -3.9mil. |
|
|
Jun 29 2016, 04:21 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
back to bull camp everyone....
however, it's month's end, numbers game may be one of the reason for the bull....next month, will start from fresh, bear or bull, we'll see. |
|
|
Jun 29 2016, 04:27 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
today's volume seems "calm down" as compare the past few days after brexit.
|
|
|
Jun 29 2016, 05:02 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(AVFAN @ Jun 29 2016, 01:40 PM) i'm already in. These 2 groups r making a fool of statistics. Always confusing me...price not so good - it was hard because it was a big V from start to finish. but think can still get some profit tonight. only thing is whether eia will report +3.9mil vs api -3.9mil. Still, many congrats to your brave persistent punt! |
|
|
Jun 29 2016, 06:02 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 29 2016, 10:16 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Lower stockpiles!!!
Crude is on the rampage!!! |
|
|
Jun 29 2016, 10:19 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 29 2016, 10:34 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
BREAKING: Oil prices spike as US crude stocks fall by 4.1M barrels
|
|
|
Jun 29 2016, 10:35 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Hitting 49 then 50 ?? !!!
|
|
|
Jun 29 2016, 10:41 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
the tricky part is it has gone up a lot with api's -3.9.
with -4.1... may not be enough to push it much higher for now. better go slow... not to get caught "up there". |
|
|
Jun 29 2016, 11:02 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Wow. Look at that no end rising of crude chart !!
Impressive indeed. |
|
|
Jun 29 2016, 11:04 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Crude could be pushing dows to +200 soon.
|
|
|
Jun 29 2016, 11:06 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
2 days of bull, i notice only 1 stock that is not going anywhere - AAPL!
healthcare, energy, financial all recovery 1/2 or more after brexit fall. |
|
|
Jun 29 2016, 11:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jun 29 2016, 11:06 PM) 2 days of bull, i notice only 1 stock that is not going anywhere - AAPL! Agree on your observation here.. AAPL has this strange weight on it eventho it is the cheapest tech stock in terms of valuation.healthcare, energy, financial all recovery 1/2 or more after brexit fall. Super expensive stocks like LNKD, AMZN, TSLA all at sky-high valuation are being pushed up. Market already recovered half here ...as usual again, we have seen this game played over and over. The thing is.. what's next? Oil is back to the 49'ish again... time to lighten up once again. Let's continue to play this range (45.xx to 50.xx) until it breaks out. This post has been edited by danmooncake: Jun 29 2016, 11:42 PM |
|
|
Jun 29 2016, 11:50 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jun 29 2016, 11:39 PM) Agree on your observation here.. AAPL has this strange weight on it eventho it is the cheapest tech stock in terms of valuation. think aapl got hit by some dev in china - patent infringement accusation, news of some places banning it...?Super expensive stocks like LNKD, AMZN, TSLA all at sky-high valuation are being pushed up. Market already recovered half here ...as usual again, we have seen this game played over and over. The thing is.. what's next? Oil is back to the 49'ish again... time to lighten up once again. Let's continue to play this range (45.xx to 50.xx) until it breaks out. i bought a little goog that day at 670, looking ok. most expensive price per pop i have ever bought! oil... sold all uwti, nice. sold oih too. now wait and see which direction it will go from here. 2-2.30am may provide a clue. agree, at this time, i can neither see it going past 50 nor going below 46 than soon. |
|
|
Jun 30 2016, 02:04 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
omg! crude could be hitting towards 50 barrier soon.
what a ride! |
|
|
Jun 30 2016, 02:19 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Amazing isn't it. XLE (same goes for Crude Oil in terms of percentage) now is back to the day prior to the so-called Brexit fears.
This is as-if last Friday-Monday price collapse didn't happened. This post has been edited by danmooncake: Jun 30 2016, 02:20 AM |
|
|
Jun 30 2016, 02:36 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jun 30 2016, 02:04 AM) attempted but did not get there.think it'll take a short breather and try again tmrw! QUOTE(danmooncake @ Jun 30 2016, 02:19 AM) Amazing isn't it. XLE (same goes for Crude Oil in terms of percentage) now is back to the day prior to the so-called Brexit fears. very good for those who bought on fri-mon! This is as-if last Friday-Monday price collapse didn't happened. |
|
|
Jun 30 2016, 03:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
It's funny how the crude inventory drawn down (this week after EIA report for week of June 24th) spiked up the bulls side so much more than when we had a lesser drawn (the prior week).. prices didn't go down much at all.
IMO, those inventory numbers didn't matter much at all... but the market price over anticipating demand here. All eager to spike the price up to test and retest until that $50 barrier is broken. But, time isn't on the bull side much longer. In two or more months, seasonal driving season will wind down in North America, more and more rigs will start to fire up again, we'll go back to doubly oversupply mode again by the time production catch up. This post has been edited by danmooncake: Jun 30 2016, 03:20 AM |
|
|
Jun 30 2016, 03:29 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
50 hit....wow....
|
|
|
Jun 30 2016, 10:22 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jun 30 2016, 03:20 AM) But, time isn't on the bull side much longer. In two or more months, seasonal driving season will wind down in North America, more and more rigs will start to fire up again, we'll go back to doubly oversupply mode again by the time production catch up. think so too.just have to play 46-50 range with care. it just might retreat tonight - brent hit stiff resistance at 50.90. bulls and bears will be fighting hard tonight, i think. |
|
|
Jun 30 2016, 10:59 AM
|
![]() ![]()
Junior Member
170 posts Joined: Dec 2008 |
Hey, abit of a dumb questions.
But what is all the lowyat sifu's current favorite broker for US stocks? |
|
|
Jun 30 2016, 02:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 30 2016, 07:19 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
last day of june....
|
|
|
Jun 30 2016, 07:24 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 30 2016, 07:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti looks like set for a correction after a 2-day rally, bulls to take profit.
49.10 looks reasonable. gotta find a chance to do dwti later. |
|
|
Jun 30 2016, 09:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jun 30 2016, 10:07 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jun 30 2016, 10:11 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
broad market is still green....
|
|
|
Jun 30 2016, 10:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
looking like a boring session.
will go watch tv... |
|
|
Jun 30 2016, 10:57 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
broad market is mild green now. except that naughty crude. its on its 1 day up 1 day down syndrome again.
|
|
|
Jul 1 2016, 12:19 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(mikehwy @ Jun 30 2016, 10:57 PM) broad market is mild green now. except that naughty crude. its on its 1 day up 1 day down syndrome again. Oil retreating ahead of the long weekend for US. So, they're taking profits already knowing that the people has pumped up to the max because next week, lesser cars will be on the road. Hedge funds are selling into it - and at the same time, the Arabs are giving additional discounts for all buyers of their oil against the benchmark. They also know they got tons of oversupply here.All these are against prices from going higher than $50. Again, we're continue to see the same range bound $45-$50 price for a while. $50 (sell) $45 (buy) |
|
|
Jul 1 2016, 12:31 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Arabs r givig duisounts again? These never work but rich sikhs r really hitting the oil producers on the faces.
If these r the cases, crude would not rise much further. |
|
|
Jul 1 2016, 12:48 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(mikehwy @ Jul 1 2016, 12:31 AM) Arabs r givig duisounts again? These never work but rich sikhs r really hitting the oil producers on the faces. Yup.. they did it last night, telling their Asian clients, hoping they will buy more.. it was reported by Bloomberg about 3 hrs ago.If these r the cases, crude would not rise much further. |
|
|
Jul 1 2016, 01:03 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 1 2016, 12:48 AM) Yup.. they did it last night, telling their Asian clients, hoping they will buy more.. it was reported by Bloomberg about 3 hrs ago. maybe becos the biggest client isn't buying much anymore:Oil Bulls Beware Because China’s Almost Done Amassing Crude http://www.bloomberg.com/news/articles/201...-amassing-crude |
|
|
Jul 1 2016, 01:08 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
nice broad rally for a 3rd day.
wti is down but oil/energy counters are up! |
|
|
Jul 1 2016, 02:13 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
wow....oil bull won't give up....
|
|
|
Jul 1 2016, 02:28 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 1 2016, 02:33 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
ok, i wasn't too far off - wti closed 48.25.
got my grouper. |
|
|
Jul 1 2016, 02:38 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
wow! straight line falling!! what a game!!
|
|
|
Jul 1 2016, 02:40 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 1 2016, 02:41 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
you are trading with itrade?
min fees around US36? so buy+sell is US72. if transact around RM10k, the fees itself will eat up about 3% of the profit. that's why i so hesitate to trade short term or daily trade. Need to hold for days to get reasonable profit. Otherwise to put 20k or above to trade, which i did last time and ended up loss 3 iphones. This post has been edited by yok70: Jul 1 2016, 02:43 AM |
|
|
Jul 1 2016, 02:47 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 1 2016, 02:41 AM) you are trading with itrade? i trade more with IB, low brokerage fees.min fees around US36? so buy+sell is US72. if transact around RM10k, the fees itself will eat up about 3% of the profit. that's why i so hesitate to trade short term or daily trade. Need to hold for days to get reasonable profit. Otherwise to put 20k or above to trade, which i did last time and ended up loss 3 iphones. only when i want to do more will i use itrade. itrade more for holding regular stocks. |
|
|
Jul 1 2016, 02:50 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
i think wti has a bit more to fall tmrw.
so, i kept 1/3 for tmrw. now, to watch portugal-poland match... |
|
|
Jul 1 2016, 02:56 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 1 2016, 10:41 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 1 2016, 02:56 AM) too costly to trade too much with local brokers, even on special deals.IB is probably the cheapest - as low as $1 per transaction. but it's a cash account and limited to 3 day trades per 5 days unless account has >$25k. which is why i sometimes hold overnight. However, some people reported local banks now making it difficult for initial deposit TT. TDAA is not as cheap but apparently easier to join..? https://forum.lowyat.net/topic/3396549/+220#bottom |
|
|
Jul 1 2016, 11:10 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
After 3 days.. it is like Brexit? What Brexit? Here we are again, as if nothing can stop this bull..
We'll have to wait for another scary story. I think the Aunty Yellen needs to come out now and surprise the bulls with a .25 pts rate hike now. This post has been edited by danmooncake: Jul 1 2016, 11:10 AM |
|
|
Jul 1 2016, 11:47 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 1 2016, 10:41 AM) too costly to trade too much with local brokers, even on special deals. thanks for the info. IB is probably the cheapest - as low as $1 per transaction. but it's a cash account and limited to 3 day trades per 5 days unless account has >$25k. which is why i sometimes hold overnight. However, some people reported local banks now making it difficult for initial deposit TT. TDAA is not as cheap but apparently easier to join..? https://forum.lowyat.net/topic/3396549/+220#bottom |
|
|
Jul 1 2016, 05:45 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
long weekend ahead.
dow futures -50. wti 48. next stop... 47.50? |
|
|
Jul 1 2016, 11:37 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Oil seems to be flat but general stocks seems to be back to the same level prior the Brexit.
Risk appetite back on here. If one fell asleep last week and woke up today, Brexit didn't happened. |
|
|
Jul 1 2016, 11:59 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 1 2016, 11:37 PM) Oil seems to be flat but general stocks seems to be back to the same level prior the Brexit. dow lost about 5% in 2 days, regained everything in next 4.Risk appetite back on here. If one fell asleep last week and woke up today, Brexit didn't happened. crude... will be watching like a hawk after 1am. |
|
|
Jul 2 2016, 12:24 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Have u notice that eventho crude has recovered half its value from the demise prior to the Brexit,
the weekly trend for crude price seems to be pointing downwards here since the peak in early June? Unlike the general market.. crude seems to be forming a lower high and lower low trend. This post has been edited by danmooncake: Jul 2 2016, 12:26 AM |
|
|
Jul 2 2016, 12:36 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 2 2016, 12:24 AM) Have u notice that eventho crude has recovered half its value from the demise prior to the Brexit, it has been trending down since it hit 52 on 8 jun, albeit the shock gyrations between then and now.the weekly trend for crude price seems to be pointing downwards here since the peak in early June? Unlike the general market.. crude seems to be forming a lower high and lower low trend. whereas dow is unchanged during the period. i just think the bulls went overboard before that, pushed too much, too high with every little piece of positive news. now, with brexit and no more supply disruptions, cold feet sets in. i think it will return to 46 in the coming days/weeks but not lower. |
|
|
Jul 2 2016, 01:07 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
$50 oil is definitely attracting rigs back to work.
BREAKING: US oil rig count rises by 11 to 341: Baker Hughes |
|
|
Jul 2 2016, 04:23 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
oil bulls won't give up still......teasing 50 again soon?.....
|
|
|
Jul 2 2016, 03:41 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 3 2016, 01:51 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,820 posts Joined: May 2010 From: Kuala Lumpur |
Bought some SPY call options last week, sold out for a decent profit but far too early.
If I held them until Friday would have made 4x as much Oh well, some profit still better than none |
|
|
Jul 4 2016, 02:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
NUGT looks great on weekly
|
|
|
Jul 5 2016, 01:21 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(rjb123 @ Jul 3 2016, 01:51 AM) Bought some SPY call options last week, sold out for a decent profit but far too early. Congrats! If I held them until Friday would have made 4x as much Oh well, some profit still better than none some sold out at the bottom on Monday on Brexit fears.. but with the central banks holding at extremely low interests and some bond yields at NEGATIVE, money got no where to go but in stocks. It is crazy... they're driving high valuation again. |
|
|
Jul 5 2016, 04:03 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
it's only 4pm and wti had gone to 47.76.
lost 3% since closing last fri. how low will it go? will be fun tonight. |
|
|
Jul 5 2016, 09:22 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 5 2016, 09:30 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 5 2016, 10:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Here we go again... from almost 50 last week, we're moving down again to 45.xx
Same range play again. Unfortunately, didn't get on the short side last week to hold for the long weekend but will wait for opportunity again if we touch 45.xx one more time to get on the long side. |
|
|
Jul 5 2016, 11:15 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(danmooncake @ Jul 5 2016, 10:54 PM) Here we go again... from almost 50 last week, we're moving down again to 45.xx ya...now can only wait....45..... Same range play again. Unfortunately, didn't get on the short side last week to hold for the long weekend but will wait for opportunity again if we touch 45.xx one more time to get on the long side. |
|
|
Jul 5 2016, 11:17 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 5 2016, 11:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
bond at 1.37% yield, pretty crazy....
|
|
|
Jul 5 2016, 11:29 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
i've gone long, uwti!
just a bit, just until 2.30am. |
|
|
Jul 5 2016, 11:34 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 5 2016, 11:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 6 2016, 12:00 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 6 2016, 12:14 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 6 2016, 12:45 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Oil is indeed getting weaker... almost 50c to hit that 45.xx level now.
So fast.. already lost 5% within a day. |
|
|
Jul 6 2016, 01:11 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
shale wants to return....fear arise.....
|
|
|
Jul 6 2016, 01:24 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 6 2016, 02:35 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
as usual, fireworks in the last 30 min.
no wagyu, got just a piece of fried chicken - ok also. wti weak... but seems good support at 46.35. lots of negative news for oil today - renewed brexit fears, usa now largest oil reserves, no lack of new oilfields producing soon like kazakhstan, shale renewal. This post has been edited by AVFAN: Jul 6 2016, 02:38 AM |
|
|
Jul 6 2016, 02:56 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 6 2016, 02:35 AM) as usual, fireworks in the last 30 min. good to have free meal though. thank u market, better than buying groupon. no wagyu, got just a piece of fried chicken - ok also. wti weak... but seems good support at 46.35. lots of negative news for oil today - renewed brexit fears, usa now largest oil reserves, no lack of new oilfields producing soon like kazakhstan, shale renewal. This post has been edited by yok70: Jul 6 2016, 02:56 AM |
|
|
Jul 6 2016, 02:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
so far already hit low 46...
tonight may test 45..... |
|
|
Jul 6 2016, 06:26 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 6 2016, 10:28 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
All right... 45.xx is here tonight.. Time to load up.
|
|
|
Jul 6 2016, 10:30 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 7 2016, 12:12 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
It's working... back to $47 already.
|
|
|
Jul 7 2016, 12:18 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
the correlation wti-dow is still strong.
will see if dow can hold on to green. tech and biotech good gains... but not aapl, again... goog is >700 again! This post has been edited by AVFAN: Jul 7 2016, 12:20 AM |
|
|
Jul 7 2016, 12:19 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
...
This post has been edited by AVFAN: Jul 7 2016, 12:20 AM |
|
|
Jul 7 2016, 12:49 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
SP500 bounces off that 2076 support line (50ma), good support here.
So, I think they're attempting to turn this ship around for one more surge up. |
|
|
Jul 7 2016, 01:11 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Amazing... 47.50 and moving higher.
|
|
|
Jul 7 2016, 01:22 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 7 2016, 02:22 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
I think for tonight, 47.50 is the peak here.. sellers coming in already.
Tomorrow, I think we got more upside. Going to keep my shares here for one more day. Be a bit greedy tonight. |
|
|
Jul 7 2016, 02:43 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti... dramatic last 10 mins.
will be very touchy tmrw... |
|
|
Jul 7 2016, 09:39 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
good rebound after 45.xx...
|
|
|
Jul 7 2016, 02:38 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
what will eia say at 10.30pm?
The American Petroleum Institute (API) trade group said its data showed U.S. crude stockpiles fell by 6.7 million barrels last week, declining for a seventh week in a row. |
|
|
Jul 7 2016, 11:04 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
BREAKING: Oil sinks as crude stocks fall by 2.2M barrels, weaker draw than API read
once again, api f'ed everybody. |
|
|
Jul 7 2016, 11:16 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
bulls are still strong.....wondering how long could they hold....
|
|
|
Jul 7 2016, 11:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
going back to 46.
|
|
|
Jul 7 2016, 11:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Whew! That's a close call..Lucikly, unloaded the first thing it opens green. It's crazy... from 48.xx then bam.. straight down to 46.xx Can't trust this market. |
|
|
Jul 8 2016, 12:00 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 7 2016, 11:54 PM) Whew! That's a close call..Lucikly, unloaded the first thing it opens green. It's crazy... from 48.xx then bam.. straight down to 46.xx Can't trust this market.  out of last 10 weekly api-eia sagas, 8 or 9 had been roller coasters, i.e. eia comes out directly opposite to api. nice tip! i went dwti earlier at 73. still holding, waiting for 2.30am. i just want to see wti close below 46. This post has been edited by AVFAN: Jul 8 2016, 12:02 AM |
|
|
Jul 8 2016, 12:16 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
wow。。。back to 45.xx....
|
|
|
Jul 8 2016, 12:22 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 8 2016, 12:24 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
no need to wait 2.30am... already 45.88!
45 now looks easy enough... |
|
|
Jul 8 2016, 12:30 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
The official job numbers will be out tomorrow. So, it's going to be volatile day again tomorrow.
So, whatever profits you can get, it is best to take some money off the table before the market closes. Hopefully, Oil can get back up to 46 or 47 in a few hours. |
|
|
Jul 8 2016, 12:35 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 8 2016, 12:30 AM) The official job numbers will be out tomorrow. So, it's going to be volatile day again tomorrow. yep, got my wagyu this time!So, whatever profits you can get, it is best to take some money off the table before the market closes. Hopefully, Oil can get back up to 46 or 47 in a few hours. wti direction is probably still down but is volatile like mad - chance for trading. |
|
|
Jul 8 2016, 12:46 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
27.50 in....
shit....continue sinking.... This post has been edited by yok70: Jul 8 2016, 12:46 AM |
|
|
Jul 8 2016, 12:51 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 8 2016, 12:58 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 8 2016, 01:08 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Wow.. gotta to watch my support line too. Oil is sinking here.
|
|
|
Jul 8 2016, 01:13 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Danger zone at low 45.
|
|
|
Jul 8 2016, 01:14 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 8 2016, 01:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 8 2016, 01:24 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
The trading (low) range is around 44.50 (buy area but watch this trap door) to high of 52..(must sell area).
Tread carefully here.. .watch that stop line. Good luck! This post has been edited by danmooncake: Jul 8 2016, 01:25 AM |
|
|
Jul 8 2016, 01:50 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Guys, be careful playing here.. UWTI is quite volatile tonight.. moving seems to be faster than Oil going down.
|
|
|
Jul 8 2016, 02:05 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Back in XLE half position here...mid 66 here better hold.
|
|
|
Jul 8 2016, 02:10 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
crazy....
|
|
|
Jul 8 2016, 02:15 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
the fall is too sharp.
haven't seen that in a while. there should be a reasonable rebound later or tmrw. |
|
|
Jul 8 2016, 02:25 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Bulls trying hard to defend the $45 line...
|
|
|
Jul 8 2016, 02:37 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 8 2016, 02:38 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 8 2016, 02:41 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 8 2016, 03:35 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
A bit of relief now... buyers coming back in at late session. I think the bulls gonna hold support here.
|
|
|
Jul 8 2016, 03:58 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 8 2016, 04:14 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(yok70 @ Jul 8 2016, 03:58 AM) you long it too? The jobs number will be the tell-tale sign... the API numbers were good tonight but not sure about thelooks like bulls trying to hold 45 for today....tomorrow another story, dunno what story.... govt DOL numbers. All I need for it is to stay at this level, then can also make money for the weekend. |
|
|
Jul 8 2016, 04:42 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(danmooncake @ Jul 8 2016, 04:14 AM) The jobs number will be the tell-tale sign... the API numbers were good tonight but not sure about the if 45 could stay solid, high chance a 55 on its way in followings weeks or months ahead?.... govt DOL numbers. All I need for it is to stay at this level, then can also make money for the weekend. |
|
|
Jul 8 2016, 06:28 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(yok70 @ Jul 8 2016, 04:42 AM) Not sure either... but some are saying that we'll see $40 before we see $55 first because of couple of bear cases already in place: i) the growinginventory - China strategic stockpile is almost full now after buying so much crude during the cheapy price the last 2-3 months ii) Rigs count going back up iii) driving and travelling seasons in North America already peak and going into the second half.. just two more months only to Labor day and iv) OPEC still refuses to cut production despite so many meetings - they simply can't agree with each other and Iranians are ignoring the Arabs. I am not sure what will drive prices up unless we can see demand up.. everything is softening now. If UK goes into recession, there will be some other dominoes will follow. I think likely, we' heading back down after 1-2 more rotations here between 45.xx and 50.xx range play. |
|
|
Jul 8 2016, 08:51 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(danmooncake @ Jul 8 2016, 06:28 AM) Not sure either... but some are saying that we'll see $40 before we see $55 first because of couple of bear cases already in place: i) the growing i see 3 points:inventory - China strategic stockpile is almost full now after buying so much crude during the cheapy price the last 2-3 months ii) Rigs count going back up iii) driving and travelling seasons in North America already peak and going into the second half.. just two more months only to Labor day and iv) OPEC still refuses to cut production despite so many meetings - they simply can't agree with each other and Iranians are ignoring the Arabs. I am not sure what will drive prices up unless we can see demand up.. everything is softening now. If UK goes into recession, there will be some other dominoes will follow. I think likely, we' heading back down after 1-2 more rotations here between 45.xx and 50.xx range play. 1. some of the opec countries had already peak out their production, ie. saudi. In 2017/2018, they may produce less oil, not strategically but in reality. 2. uk/euro instability may further delays us rate hike, which trigger funds out flow from us. That case, usd will be weaker which is positive for commodities that trades with usd. However, the world's instability also may trigger usd to stay as safe heaven, which even enhance usd's appreciation. 3. india is the new china which leads demand in next 10 years. Its growth is so far so good. This post has been edited by yok70: Jul 8 2016, 08:52 AM |
|
|
Jul 8 2016, 11:36 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 8 2016, 08:51 AM) i see 3 points: my read is a little different, more like dan's.1. some of the opec countries had already peak out their production, ie. saudi. In 2017/2018, they may produce less oil, not strategically but in reality. 2. uk/euro instability may further delays us rate hike, which trigger funds out flow from us. That case, usd will be weaker which is positive for commodities that trades with usd. However, the world's instability also may trigger usd to stay as safe heaven, which even enhance usd's appreciation. 3. india is the new china which leads demand in next 10 years. Its growth is so far so good. slacks in opec have been picked up by others. strikes, fires, rebels have also contributed to erratic price spikes but all that is over. and there is iran pumping away as #2; new fields in khazakhstan and gulf of mexico coming onstream. there is simply no shortage of oil on the planet at this time. brexit effects so far are knee-jerk. more safe haven bonds going negative yields says it all - there will be a significant slowdown in uk and the eu - less demand for oil. china's stockpile is filled to the brim, can't buy much more. growth in india and others is far from enough to pick the slack in china. india can't grow faster in energy consumption industries because of serious lack of water in the subcontinent. 45-46 is not the bottom. i see it diving below at least one more time, and will not cross 52 this year. so, i will not hold much oil/energy stocks/etf's for now. will just trade accordingly. the correlation crude-dow is still significant. tonight, unless dow slides again, there should be a chance for wti to touch 46 again. just don't wait too long to settle uwti! This post has been edited by AVFAN: Jul 8 2016, 11:37 AM |
|
|
Jul 8 2016, 02:04 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
jobs report at 8.30pm.
futures after 8.30pm will give indication where market will go later. Friday's employment report is expected to show a rebound to 175,000 nonfarm payrolls, from May's stunningly weak 38,000, according to Thomson Reuters. The June report is expected to include a reversal of the negative impact of the Verizon strike, which bit into May's number and should add about 35,000 workers to the June report. |
|
|
Jul 8 2016, 06:13 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 8 2016, 11:36 AM) my read is a little different, more like dan's. yes, i agree that oil has no shortage, probably at least for the next 5-10 years.slacks in opec have been picked up by others. strikes, fires, rebels have also contributed to erratic price spikes but all that is over. and there is iran pumping away as #2; new fields in khazakhstan and gulf of mexico coming onstream. there is simply no shortage of oil on the planet at this time. brexit effects so far are knee-jerk. more safe haven bonds going negative yields says it all - there will be a significant slowdown in uk and the eu - less demand for oil. china's stockpile is filled to the brim, can't buy much more. growth in india and others is far from enough to pick the slack in china. india can't grow faster in energy consumption industries because of serious lack of water in the subcontinent. 45-46 is not the bottom. i see it diving below at least one more time, and will not cross 52 this year. so, i will not hold much oil/energy stocks/etf's for now. will just trade accordingly. the correlation crude-dow is still significant. tonight, unless dow slides again, there should be a chance for wti to touch 46 again. just don't wait too long to settle uwti! it's just about the question of “where is the bottom", which is a million dollar question. ie. WB thinks 95-100 is Apple's bottom, but many thinks much lower. Anyways, WB made a bad bottom estimation on IBM before, who know. |
|
|
Jul 8 2016, 08:23 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 8 2016, 06:13 PM) yes, i agree that oil has no shortage, probably at least for the next 5-10 years. aiyah... wb is not a demi-god, he's only human. like us, who hasn't done time travel into the future. it's just about the question of “where is the bottom", which is a million dollar question. ie. WB thinks 95-100 is Apple's bottom, but many thinks much lower. Anyways, WB made a bad bottom estimation on IBM before, who know. where's the bottom? it's futile to try to speculate. i gave up looking for tops and bottoms for anything long time ago. just look for reasonable highs and lows. tonight.. i look for dow +100, wti 46, that's all. i have a good feeling that i will get a second wagyu steak later. |
|
|
Jul 8 2016, 08:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
U.S. stock index futures extended gains Friday after the June non-farm payrolls report exceeded expectations with a headline figure of 287,000.
"This is really good news. It's not going to change monetary policy in the near term because we're still unraveling the effects of the (EU) referendum," said Art Hogan, chief market strategist at Wunderlich Securities. |
|
|
Jul 8 2016, 09:26 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 8 2016, 08:42 PM) U.S. stock index futures extended gains Friday after the June non-farm payrolls report exceeded expectations with a headline figure of 287,000. recent US data all positive + without rate hike. "This is really good news. It's not going to change monetary policy in the near term because we're still unraveling the effects of the (EU) referendum," said Art Hogan, chief market strategist at Wunderlich Securities. rally continues? This post has been edited by yok70: Jul 8 2016, 09:26 PM |
|
|
Jul 8 2016, 09:47 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
goldilocks job report.
dow +14x. wti... not so good. waiting for rig count report, i suppose. |
|
|
Jul 8 2016, 10:47 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Nice! General market (Dow+Sp500+Nasdaq) rally because of the huge job numbers... but Oil indeed stalling here at 45.xx
But, XLE (mostly Oil services and big producers instead of crude) so far still working and following on general market... phew! Lucky me! This post has been edited by danmooncake: Jul 8 2016, 10:48 PM |
|
|
Jul 8 2016, 10:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
jobs report - strong $, crude price drop.
that's what they say now... |
|
|
Jul 8 2016, 11:00 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jul 8 2016, 10:51 PM) I won't be surprised if those financial media will find a reason for it I think at least Crude should stay here at the $45 support level with the good job numbers. Longer term, it should drive consumption higher but then again, the idle suppliers also can fire up those rigs anytime and the OPECs ready for round 2 fight if it happens again. This article is saying that O&G industry may be ready to hire again: http://finance.yahoo.com/news/oil-gas-indu...-132744732.html |
|
|
Jul 8 2016, 11:11 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
financials have a field day today.
tech also good. |
|
|
Jul 9 2016, 12:57 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
You know.. it seems the only thing holding up crude tonight above $45 now is the 'good' feeling about the job market data from US despite the disappointment from the lesser inventory drawn by mid week.
I think it will make another run to 50 again by next week if here is additional drawn..then the oil bulls will think it is another demand from the better employed consumers. Might want to hang on to some oil related shares here..at this level. For you guys playing the leverage game.. I think UWTI can hold off 25.50 as long as Oil stays above $45. This post has been edited by danmooncake: Jul 9 2016, 12:58 AM |
|
|
Jul 9 2016, 01:05 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
shale is coming back.
wti gains today will be limited... 0.5%? BREAKING: US oil rigs rise by 10 to 351: Baker Hughes |
|
|
Jul 9 2016, 01:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
uwti... i just got out at 26.50.. same as buying price. lost brokerage.
it's been tough in the last 24 hours. This post has been edited by AVFAN: Jul 9 2016, 01:20 AM |
|
|
Jul 9 2016, 01:26 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
It can go higher next week... once the Oil bulls ignore all the BS noise again and claim Inventory level is not that bad.. they will buy buy buy.
Crude now is lagging but it will catch up with the general market later. Just hope it won't puke first... |
|
|
Jul 9 2016, 01:31 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 9 2016, 01:26 AM) It can go higher next week... once the Oil bulls ignore all the BS noise again and claim Inventory level is not that bad.. they will buy buy buy. will go back in if it pukes and goes to 45. Crude now is lagging but it will catch up with the general market later. Just hope it won't puke first... |
|
|
Jul 9 2016, 04:55 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
so today oil is a no-action action.
|
|
|
Jul 9 2016, 10:18 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
lose few dollars last night due to buying on market tops (few stocks). cant stop making the same mistakes.... need further conviction /nq or /es breaking ATH
|
|
|
Jul 9 2016, 10:54 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 9 2016, 04:55 AM) ya, anti-climax. i dumped and went to sleep. wait next week, see what happens... QUOTE(old_and_slow @ Jul 9 2016, 10:18 AM) lose few dollars last night due to buying on market tops (few stocks). cant stop making the same mistakes.... need further conviction /nq or /es breaking ATH this kind of "mistake" is in all of us, whatever approach/method applied.it's simply not possible to buy at low-low and sell high-high. i bought a few counters 2 days into brexit rout, now holding 4-5% gain. BUT... that was a huge risk i took when there was so much fear. brexit could have caused stocks to go down by another 3% or so. This post has been edited by AVFAN: Jul 9 2016, 11:05 AM |
|
|
Jul 11 2016, 07:13 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
dow/s&p may hit new record highs tonight.
but crude...looking bad, again... QUOTE ![]() During the recent financial crisis, crude production overhang was 138 million barrels. Now, the overhang is twice that, at 383 million barrels among the OECD, Cohen said. http://www.cnbc.com/2016/07/08/oils-reboun...e-barclays.html This post has been edited by AVFAN: Jul 11 2016, 07:19 PM |
|
|
Jul 11 2016, 10:22 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Wow... yes indeed. All time high for Dow and SP500 yet Crude is struggling here at $45.
There was a quick dip to 44.55... it may not hold any longer if general market pulls back. Danger zone here. This post has been edited by danmooncake: Jul 11 2016, 10:23 PM |
|
|
Jul 11 2016, 10:45 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
nice moves ACIA, MBLY, NVDA, X, SXCP...
|
|
|
Jul 11 2016, 11:10 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 11 2016, 10:22 PM) Wow... yes indeed. All time high for Dow and SP500 yet Crude is struggling here at $45. it's heading for 44.There was a quick dip to 44.55... it may not hold any longer if general market pulls back. Danger zone here. time to go short! i am surprised xle is still green... strong market rally. nasdaq going 5k again. |
|
|
Jul 11 2016, 11:35 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 11 2016, 11:45 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Here they go.. they're predicting same thing:
https://www.thestreet.com/video/13634428/he...six-months.html We'll just continue to play this range. From here, it looks like we got more upside than down side. This post has been edited by danmooncake: Jul 11 2016, 11:45 PM |
|
|
Jul 12 2016, 12:46 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 11 2016, 11:45 PM) Here they go.. they're predicting same thing: "oil market becoming more balanced..."https://www.thestreet.com/video/13634428/he...six-months.html We'll just continue to play this range.  From here, it looks like we got more upside than down side. i actually can't understand that... when stockpiles are still building, production still on the rise and demand not rising that much. i am somehow curiously fearsome that one day soon, somebody won't/can't hold their stocks anymore. This post has been edited by AVFAN: Jul 12 2016, 12:46 AM |
|
|
Jul 12 2016, 12:59 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(AVFAN @ Jul 12 2016, 12:46 AM) "oil market becoming more balanced..." its 44+ now...heading for 42, then 40? recent rally and uptrend has been mystifying.i actually can't understand that... when stockpiles are still building, production still on the rise and demand not rising that much. i am somehow curiously fearsome that one day soon, somebody won't/can't hold their stocks anymore. only consolation is that local petrol price might dip again, lol ... |
|
|
Jul 12 2016, 01:04 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jul 12 2016, 12:59 AM) its 44+ now...heading for 42, then 40? recent rally and uptrend has been mystifying. 43 will not be easy to break.only consolation is that local petrol price might dip again, lol ... tmrw/wed, the api-eia game returns. these two fellas never fail to create havoc every week. get ready! |
|
|
Jul 12 2016, 01:44 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
The oil market is teasing both Bears and Bulls here.
Bears need that 44.50 to break. Bulls want that 45.50 and higher to reverse gear and move back up to $50 again. That UWTI chart (6 months) seems to imply a bottom is forming, with a saucer like shape moving up. If that is true.. it could mean more bad news for Oil price. But, since it is 3x leverage.. it's quite difficult to say for certain. Anyone here got a non-leverage inverse Oil chart that we can see? This post has been edited by danmooncake: Jul 12 2016, 01:44 AM |
|
|
Jul 12 2016, 01:55 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 12 2016, 01:44 AM) closest would be szo, inverse of uso.http://finance.yahoo.com/quote/SZO?ltr=1 |
|
|
Jul 12 2016, 02:01 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
here's another analyst saying "oil market is now more balanced, tighter...".
http://www.cnbc.com/2016/07/10/oil-near-2-...et-balance.html then somewhere in the text, it reads: Other data from Friday showed hedge funds cut bullish bets on U.S. crude to the lowest in four months. |
|
|
Jul 12 2016, 02:22 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jul 12 2016, 01:55 AM) Thanks! This one is interesting...Lotsa of gaps on this ETF. Must not be liquid.. Anyway, I put that SZO ticker on StockChart.. it's coming up on that 200ma line around 90. We need it to break up that line to be considered bullish for this inverse ETF. http://stockcharts.com/h-sc/ui?s=SZO&p=D&y...id=p48511706764 |
|
|
Jul 12 2016, 02:35 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
oil bull or bear? bear or bull? ......
|
|
|
Jul 12 2016, 02:35 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 12 2016, 02:22 AM) Thanks! This one is interesting... yes, this szo is very low volume, not much interest.Lotsa of gaps on this ETF. Must not be liquid.. Anyway, I put that SZO ticker on StockChart.. it's coming up on that 200ma line around 90. We need it to break up that line to be considered bullish for this inverse ETF. http://stockcharts.com/h-sc/ui?s=SZO&p=D&y...id=p48511706764 it's closing time, wti dives back to 44.70. despite broad market rally. i see it going to 44.2x tmrw. holding my dwti! anyway, today... biggest winners are tech and financials... nice gains for my xlf and goog! |
|
|
Jul 12 2016, 02:37 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 12 2016, 02:56 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Interesting tidbits..
https://finance.yahoo.com/news/asian-refine...-172300585.html Should we expect RON 95/97 to drop soon? They just raise that from last month, right? |
|
|
Jul 12 2016, 03:07 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Wow... just less than 1 hr to go before general market closes, UWTI being pummeled by bears.
It looks like it will likely head back to low 21/22 by this week, which could mean good news for DWTI here. This post has been edited by danmooncake: Jul 12 2016, 03:07 AM |
|
|
Jul 12 2016, 06:51 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Oil services sector in sweet spot.. hence, that's the reason, we may not see XLE/OIH falls much eventho
Crude price may fall. https://www.yahoo.com/finance/news/don-t-pa...-183729522.html That's only one thing to do... Buy if it dips! This post has been edited by danmooncake: Jul 12 2016, 06:51 AM |
|
|
Jul 12 2016, 10:24 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 12 2016, 02:56 AM) Interesting tidbits.. may - crude price uphttps://finance.yahoo.com/news/asian-refine...-172300585.html Should we expect RON 95/97 to drop soon? They just raise that from last month, right? june - overall flat july - dropped. if it continues to drop or stay low, petrol price should go down, 10-15 sen/l. |
|
|
Jul 12 2016, 04:08 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
still fighting 45....
|
|
|
Jul 12 2016, 05:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 12 2016, 04:08 PM) like we have seen many times, even a small piece of positive news will send the oil bulls rallying!Oil prices rise on Iraq loading worries; bearish investors cap gains will see later if the usual pattern emerges - asian/european traders will push it up high, then drop like hell just before nymex opens. but really, the fall has been too sharp, some recovery is to be expected... |
|
|
Jul 12 2016, 07:23 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 12 2016, 05:42 PM) like we have seen many times, even a small piece of positive news will send the oil bulls rallying! 46.xx at the moment.... Oil prices rise on Iraq loading worries; bearish investors cap gains will see later if the usual pattern emerges - asian/european traders will push it up high, then drop like hell just before nymex opens. but really, the fall has been too sharp, some recovery is to be expected... |
|
|
Jul 12 2016, 07:34 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 12 2016, 07:23 PM) i will be at the keyboard at 9.30pm. dow futures now +7x; if it goes lower, wti will likely dive. i will go dwti again if it stays up high. there is no big reason for wti to rally except for the iraq thingy which is supposedly resolved now. and the usual "weak $"... but must not forget the fabulous api insider info syndrome later in the session. fun night ahead. |
|
|
Jul 12 2016, 08:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 12 2016, 07:34 PM) i will be at the keyboard at 9.30pm. two sided stories, as always. dow futures now +7x; if it goes lower, wti will likely dive. i will go dwti again if it stays up high. there is no big reason for wti to rally except for the iraq thingy which is supposedly resolved now. and the usual "weak $"... but must not forget the fabulous api insider info syndrome later in the session. fun night ahead. |
|
|
Jul 12 2016, 09:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
its 1 day up 1 day down syndrome.
its up day.....wow, up alot |
|
|
Jul 12 2016, 09:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
for the record:
Dow breaks above all-time closing high, up 100 points |
|
|
Jul 12 2016, 10:14 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Gap up play tonight..
|
|
|
Jul 12 2016, 10:17 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
this wti...
up 4% in 5hrs, then down 2% in 1 hr... |
|
|
Jul 12 2016, 10:27 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
looks like some profit taking now.
|
|
|
Jul 12 2016, 10:29 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jul 12 2016, 10:17 PM) Yup... they gap it up, suck people in and sell into the rally.But, I think $44.50-$45.50 support should hold support here with the market at this all time high. The only thing to fear is usually there is a sudden black swan event in the next few days to bring down the entire market, with the media cooking up another similar horror story like Brexit. |
|
|
Jul 12 2016, 10:38 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 12 2016, 10:29 PM) The only thing to fear is usually there is a sudden black swan event in the next few days to bring down the entire market, with the media cooking up another similar horror story like Brexit. that always happen.broad market has stretched a lot since brexit. feeling a little chicken, wanna sell some now. |
|
|
Jul 12 2016, 11:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
all out, 27.40.
too risky, i'm out for now. index all time high, anytime can face correction. This post has been edited by yok70: Jul 12 2016, 11:22 PM |
|
|
Jul 12 2016, 11:27 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
i just went dwti 81.
don't wanna miss the "api-eia conflict" game tmrw. |
|
|
Jul 12 2016, 11:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
incredible! |
|
|
Jul 13 2016, 12:00 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
My eyes deceiving me..
I went out for a while, and it came back roaring to 46.65? Wow.. danger zone if u play today. Can get whack both ways. |
|
|
Jul 13 2016, 12:12 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 13 2016, 12:30 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(danmooncake @ Jul 13 2016, 12:00 AM) My eyes deceiving me.. me too!I went out for a while, and it came back roaring to 46.65? Wow.. danger zone if u play today. Can get whack both ways. yesterday i was talking about diving towards 44 then 42! now its shooting sharply up and up! incredicle! who r these people buying? i dont seem to find any 'good' news for crude. What a game! i stay aside. |
|
|
Jul 13 2016, 01:12 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 13 2016, 01:43 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
40 more mins.
may have to surrender... |
|
|
Jul 13 2016, 02:15 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 13 2016, 02:35 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 13 2016, 02:15 AM) no la... the volatility gets to you - cold feet, very normal. looking at the gyrations in the last few minutes, i will hold until tmrw. maybe api will report +3.3mil instead of experts estimate of -3.3mil. then maybe eia will report -1mil. really, hard to think it will rally another 3% after 5% today. |
|
|
Jul 13 2016, 02:42 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 13 2016, 02:35 AM) no la... the volatility gets to you - cold feet, very normal. VIX is low, index is high, broad market is hard to rise strong in coming days. looking at the gyrations in the last few minutes, i will hold until tmrw. maybe api will report +3.3mil instead of experts estimate of -3.3mil. then maybe eia will report -1mil. really, hard to think it will rally another 3% after 5% today. so ya, bet on bear is relatively safer in a way. good luck to you! |
|
|
Jul 13 2016, 11:12 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 13 2016, 02:42 AM) VIX is low, index is high, broad market is hard to rise strong in coming days. will have to see later. so ya, bet on bear is relatively safer in a way. good luck to you! wild swings again tonight, i think: the American Petroleum Institute on Tuesday showed U.S. crude inventories rose by 2.2 million barrels in the week to July 8 to 523.1 million, compared with analysts' expectations for a decrease of 3 million barrels. |
|
|
Jul 13 2016, 06:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
since iea made a statement before eia data is released, likely eia will report stock buildup too, like api.
wti retreat to <45? ok, dow/s&p can continue to rally! http://www.cnbc.com/2016/07/12/oil-prices-...ude-stocks.html |
|
|
Jul 13 2016, 07:29 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 13 2016, 06:58 PM) since iea made a statement before eia data is released, likely eia will report stock buildup too, like api. commodity seems broadly rebound. I see copper, silver, gold, oil....all rebound.....weak dollar cause all this? maybe world consumption rebound as well....broad world economy recovery begins this 2H16 for real?..... wti retreat to <45? ok, dow/s&p can continue to rally! http://www.cnbc.com/2016/07/12/oil-prices-...ude-stocks.html |
|
|
Jul 13 2016, 07:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 13 2016, 07:29 PM) commodity seems broadly rebound. I see copper, silver, gold, oil....all rebound.....weak dollar cause all this? maybe world consumption rebound as well....broad world economy recovery begins this 2H16 for real?..... it's probably a mixed picture.china, the main consumer of commodities is showing lackluster performance: http://www.cnbc.com/2016/07/13/china-june-...ts-decline.html commodities... some rebounding like mad, some still in doldrums. can't lump them all in one. crude... many nations depend on it to survive, a sole source of income, cannot pump less. plus all those floaters now with so much in stock. one thing for sure - we will have cheap petrol and "low inflation" for a long time. like bnm says: http://www.bloomberg.com/news/articles/201...-as-risks-mount |
|
|
Jul 13 2016, 09:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 13 2016, 10:47 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 13 2016, 10:50 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
US crude stockpiles fall less than expected at 2.5 million barrels: EIA
4 out of 5 times, eia data is opposite to api. so, wti should be going back to 44.xx. hazardous times... very easily burned by uwti/dwti. |
|
|
Jul 13 2016, 11:13 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 13 2016, 10:50 PM) US crude stockpiles fall less than expected at 2.5 million barrels: EIA scary volatility. 4 out of 5 times, eia data is opposite to api. so, wti should be going back to 44.xx. hazardous times... very easily burned by uwti/dwti. if 44.80 can't hold, may look at 43.40.... |
|
|
Jul 13 2016, 11:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 13 2016, 11:19 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(yok70 @ Jul 13 2016, 11:13 PM) Sometimes, I think those numbers (API and EIA) do not matter much but rather cause the kneel jerk reactionand push prices towards the extreme side of the range if they cross over a technical line. Right now, we're still in this mid-term range here: 44.50 to 51.50 But, since we're at the low 45 range here for crude and general market at highs, I think if the general market pulls back, crude could likely test that floor and if more bears pile in, that 44.x floor can collapse. So, better put a tight stop here. This post has been edited by danmooncake: Jul 13 2016, 11:19 PM |
|
|
Jul 13 2016, 11:24 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 13 2016, 11:19 PM) Sometimes, I think those numbers (API and EIA) do not matter much but rather cause the kneel jerk reaction there's one video i saw yesterday...and push prices towards the extreme side of the range if they cross over a technical line. Right now, we're still in this mid-term range here: 44.50 to 51.50 But, since we're at the low 45 range here for crude and general market at highs, I think if the general market pulls back, crude could likely test that floor and if more bears pile in, that 44.x floor can collapse. So, better put a tight stop here. the guy said average for 2016 should be 41. which means we will see 30's again later in the year. that's trouble! |
|
|
Jul 13 2016, 11:44 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jul 13 2016, 11:18 PM) becos the oil bulls and bull traders rather keep stocking up looking for profits! Nicely done! the cold fact is every two humans on the planet can hold one barrel at home now. and the producers can't stop pumping... dwti sold 87, nice. Anyway, thanks for the heads up on SZO but it is difficult to see that chart. On the other hand, DWTI despite its leverage move for inverse crude, its chart is forming a nice nice saucer-like shape and moving up on the far right side. It looks bullish and readying for another push to 90-100 level. This post has been edited by danmooncake: Jul 13 2016, 11:45 PM |
|
|
Jul 13 2016, 11:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 13 2016, 11:44 PM) Nicely done! oh, yes...Anyway, thanks for the heads up on SZO but it is difficult to see that chart. On the other hand, DWTI despite its leverage move for inverse crude, its chart is forming a nice nice saucer-like shape and moving up on the far right side. It looks bullish and readying for another push to 90-100 level. looking for a chance to dive back in. |
|
|
Jul 14 2016, 12:43 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
already testing 44.80 immediate support tonight.....looks like high chance to dive towards 43.40 in coming days....
|
|
|
Jul 14 2016, 12:43 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 14 2016, 01:03 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 14 2016, 12:43 AM) already testing 44.80 immediate support tonight.....looks like high chance to dive towards 43.40 in coming days.... dow is still green at all time high.if it crashes, will be fun to watch wti. also, fri rig count... if rigs added, it'll compound the pressure. so, will wait for chance to go dwti again later or tmrw. |
|
|
Jul 14 2016, 02:29 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Got spammed....
Can we short sell this business? |
|
|
Jul 14 2016, 02:43 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti closed off lows but could not recover above 45.
will see tmrw. gudnite! |
|
|
Jul 14 2016, 03:46 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 14 2016, 04:01 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
I see another bounce off the 44.5x level here.. perhaps double bottom?? |
|
|
Jul 14 2016, 04:40 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 14 2016, 04:56 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(yok70 @ Jul 14 2016, 04:40 AM) Yeah.. of course they do but I don't think they went in buy back their oil like that just to support the market from collapsing below that number.All they need to do is just to say the words 'cut production', and this Oil market will rally to the moon. Perhaps do not even need to act on it.. just say 'maybe we're thinking about cutting back xx', the bulls will jump back in as if it will definitely happen. You know why? It is just like how in early part of this year, when OPEC and Russians were planning to talk about "freezing" production at the current level (not even cut.. just maintain only) but the talks collapsed with no agreement. Oil rallied from the lows of $26 till this level with no confirmation on what they actually did or did not do. So far, in reality NONE of them has any production cut at all... how the heck did the market even justify the price at this level, right? All talk only, but the bulls got very excited already. This post has been edited by danmooncake: Jul 14 2016, 04:59 AM |
|
|
Jul 14 2016, 05:52 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(danmooncake @ Jul 14 2016, 04:56 AM) Yeah.. of course they do but I don't think they went in buy back their oil like that just to support the market from collapsing below that number. Haha! Very true. Bulls just cannot take it to see oil too low. All they need to do is just to say the words 'cut production', and this Oil market will rally to the moon. Perhaps do not even need to act on it.. just say 'maybe we're thinking about cutting back xx', the bulls will jump back in as if it will definitely happen. You know why? It is just like how in early part of this year, when OPEC and Russians were planning to talk about "freezing" production at the current level (not even cut.. just maintain only) but the talks collapsed with no agreement. Oil rallied from the lows of $26 till this level with no confirmation on what they actually did or did not do. So far, in reality NONE of them has any production cut at all... how the heck did the market even justify the price at this level, right? All talk only, but the bulls got very excited already.  In fact, for any business, if cost higher than market price, the business will die naturally. On oil, it's tricky since it's actually a "must-have" business that the world needs it everyday. Now strangely, those business is making loss, and demand is below supply. In theory, this cannot last for long. Either they are able to bring cost down tremendously so that back to profit making, or the business will still die essentially (but, they can't! tricky!) Therefore, "invisible force" will continue pushing bulls ahead no matter how. This post has been edited by yok70: Jul 14 2016, 05:53 AM |
|
|
Jul 14 2016, 08:06 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(danmooncake @ Jul 14 2016, 04:56 AM) Yeah.. of course they do but I don't think they went in buy back their oil like that just to support the market from collapsing below that number. Oil price since the last few years (since its sky rocketing move in the 2000's) behave more like stock market, instead based on real/actual commodities transaction. All they need to do is just to say the words 'cut production', and this Oil market will rally to the moon. Perhaps do not even need to act on it.. just say 'maybe we're thinking about cutting back xx', the bulls will jump back in as if it will definitely happen. You know why? It is just like how in early part of this year, when OPEC and Russians were planning to talk about "freezing" production at the current level (not even cut.. just maintain only) but the talks collapsed with no agreement. Oil rallied from the lows of $26 till this level with no confirmation on what they actually did or did not do. So far, in reality NONE of them has any production cut at all... how the heck did the market even justify the price at this level, right? All talk only, but the bulls got very excited already. There are plenty pure |
|
|
Jul 14 2016, 09:33 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 14 2016, 04:56 AM) Yeah.. of course they do but I don't think they went in buy back their oil like that just to support the market from collapsing below that number. All they need to do is just to say the words 'cut production', and this Oil market will rally to the moon. Perhaps do not even need to act on it.. just say 'maybe we're thinking about cutting back xx', the bulls will jump back in as if it will definitely happen. You know why? It is just like how in early part of this year, when OPEC and Russians were planning to talk about "freezing" production at the current level (not even cut.. just maintain only) but the talks collapsed with no agreement. Oil rallied from the lows of $26 till this level with no confirmation on what they actually did or did not do. So far, in reality NONE of them has any production cut at all... how the heck did the market even justify the price at this level, right? All talk only, but the bulls got very excited already. really, that has been happening for sure. only that the bulls NEED to push it higher all the time. every small mere "cut talk" from opec will stir up a rally. every temp outage - fire or strike or fighting will light up a rally. once a while, iea says something nice - rally again. when iran or saudi ramps up production, or new oil fields come onstream, not so much talk. china can't buy/stock more; excess crude on floaters is now at 7 year high. now, there is a part 2 - gasoline and diesel are now overflowing from the refiners too. http://www.cnbc.com/2016/07/13/this-part-o...ng-for-oil.html i would stay bear:bull in the ratio 3:1. |
|
|
Jul 14 2016, 12:16 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
battle of 45 continues....
|
|
|
Jul 14 2016, 01:15 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Agree with all the sayings here. Each time when i expect crude to dip below 45, 44 then 42, i will see my screen flashing msg like ' oil rallies due to ...'. Ut sinply doesnt make sense but thise opec, saudis n production disruptions would surface to DEFEND crude prices. Coincidence? Man-made? Will crude crash 1 day when reality sets in?
Ignoring all the facts, just by looking at cryde charts, its a bullish commodity! Hack! Omg. Me speechless |
|
|
Jul 14 2016, 02:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
dow futures +90.
fresh record highs coming! crude... will try to rally, again - "strong summer consumption", "technical rebound"...!! |
|
|
Jul 14 2016, 06:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
Wall Street set to bounce
wti 45.3x. +1.3% |
|
|
Jul 14 2016, 10:11 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
still fighting on defending the 45 line....
|
|
|
Jul 14 2016, 10:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 14 2016, 10:38 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Cash out XLE here at 69.50.. just another lucky catch.. will wait to see if it can attempt to break higher than Tuesday high. Yet again, yesterday was another one of those gap-to-fill play.
Despite oil pulling back to the 45.xxl, I'm surprise how bullish the Oil companies stocks (inside XLE/OIH holdings) has become. They seem to be diverging away from the crude price. This post has been edited by danmooncake: Jul 14 2016, 10:38 PM |
|
|
Jul 14 2016, 10:56 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 14 2016, 10:38 PM) Despite oil pulling back to the 45.xxl, I'm surprise how bullish the Oil companies stocks (inside XLE/OIH holdings) has become. They seem to be diverging away from the crude price. xle, oih, slb, xom, chev... all majors oil/energy stocks and etf's holding good after recent run up.read something about these majors now downsized and trimmed until their cashflows are now superb! the weaker ones are all under water or have filed chapter 11. |
|
|
Jul 14 2016, 11:13 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jul 14 2016, 10:56 PM) Not sure about superb but better than 6 months ago or perhaps stablized already after so many deferred projects and cost cut backs.Also, the majors producers inside the XLE holdigns - most have nice dividends higher than the 10 yr yield. So, they're perceived to be safe - meaning the producers will unlikely to cut them despite declining revenue from lower crude price. The institutional investors are buying them on dips and hope for turn around sometimes in the future (probably a few years later). On the fundamentals, right now, most of these oil producers stocks are not cheap anymore in terms of value, the historical PE was like 16-18 level and now - their PE at is around 25-35 (after the declined revenues for the past few quarters). If earnings continue to slump and cannot catch up.. I think we will see collapse in stock prices again. |
|
|
Jul 15 2016, 12:59 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
a pretty boring session...
dow +13x and not moving anymore. wti at 45.50, not moving much. where are the movers and shakers?! |
|
|
Jul 15 2016, 01:03 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 15 2016, 12:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jul 15 2016, 12:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(danmooncake @ Jul 14 2016, 11:13 PM) On the fundamentals, right now, most of these oil producers stocks are not cheap anymore in terms of value, the historical PE was like 16-18 level and now - their PE at is around 25-35 (after the declined revenues for the past few quarters). If earnings continue to slump and cannot catch up.. I think we will see collapse in stock prices again. Anyway i dont like to play those oil firms. To me, not the time at all. |
|
|
Jul 15 2016, 03:26 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jul 15 2016, 12:42 PM) about huge reversals, it may have started!? last major rise: april-june 2016 35.40->51.40 = +45% june 2016-now 51.40->45.10 = -12% to go lower? with 3x leverage, can gain or lose 36-135% less decay in those periods. one analyst's latest view on 50ma, 200ma... going 41...? http://www.cnbc.com/2016/07/14/oil-falls-a...-data-eyed.html This post has been edited by AVFAN: Jul 15 2016, 03:47 PM |
|
|
Jul 15 2016, 11:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Well, it's Friday.. I don't think the oil traders will bet on any big move tonight unless they know something going
to happen next week that may spike it up. $45-$46.50 should be good range to trade for now. This post has been edited by danmooncake: Jul 15 2016, 11:32 PM |
|
|
Jul 15 2016, 11:49 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
nothing dramatic tonight, all is peaceful.
maybe 1am rig count data might shake oil a bit. |
|
|
Jul 16 2016, 02:15 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
bulls are trying to move up from 45 to 46 tonight....
|
|
|
Jul 16 2016, 02:23 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
Also on Friday, data from oilfield services firm Baker Hughes showed U.S. drillers added oil rigs for a sixth week in the last seven. The number of oil rigs operating in U.S. fields rose by 6 to 357, compared to 638 at this time last year.
6 more rigs = not much, can rally! well, if 6/7 weeks had rig count rise, a matter of time the stocks will incr... no fish today... have a good weekend! |
|
|
Jul 16 2016, 02:47 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 16 2016, 02:23 AM) Also on Friday, data from oilfield services firm Baker Hughes showed U.S. drillers added oil rigs for a sixth week in the last seven. The number of oil rigs operating in U.S. fields rose by 6 to 357, compared to 638 at this time last year. Have a good weekends to you too. 6 more rigs = not much, can rally! well, if 6/7 weeks had rig count rise, a matter of time the stocks will incr... no fish today... have a good weekend! Next week new game....who knows... |
|
|
Jul 16 2016, 10:03 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 16 2016, 08:17 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 17 2016, 06:16 AM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
992 posts Joined: Jun 2012 |
Guys, currently my ameritrade account asks me to transfer to ameritrade asia.
but, i am interested in other brokerage account. can recommend me ? I tried scottrade, firstrade, e-trade, it all seems not for Malaysian. How ar ? Urgent help - as due date to move to ameritrade asia is Nov. ;( |
|
|
Jul 17 2016, 09:45 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(CharmaineLee80 @ Jul 17 2016, 06:16 AM) Guys, currently my ameritrade account asks me to transfer to ameritrade asia. read post #2.but, i am interested in other brokerage account. can recommend me ? I tried scottrade, firstrade, e-trade, it all seems not for Malaysian. How ar ? Urgent help - as due date to move to ameritrade asia is Nov. ;( |
|
|
Jul 18 2016, 10:41 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
everything up.
except oil! This post has been edited by AVFAN: Jul 18 2016, 10:41 PM |
|
|
Jul 18 2016, 10:59 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jul 18 2016, 11:02 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 18 2016, 11:17 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Looks like Oil went back up to high 46.xx.. then whacked again when US market opens.
Still holding the $45 level here. Gotta to watch this level here. If the lows hold, I think it maybe under accumulation here.. |
|
|
Jul 18 2016, 11:25 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
Anybody betting on nflx?
|
|
|
Jul 18 2016, 11:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 18 2016, 11:17 PM) today, asian markets pushed it up, then european markets tried hard to keep it at 46.but, as seen often under shaky conditions, they all chicken back to 45 before 9.30pm. now, it just yo-yo within 30 cents. but i think there will be fireworks after 1am. |
|
|
Jul 19 2016, 02:12 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 18 2016, 11:42 PM) today, asian markets pushed it up, then european markets tried hard to keep it at 46. any fireworks so far? but, as seen often under shaky conditions, they all chicken back to 45 before 9.30pm. now, it just yo-yo within 30 cents. but i think there will be fireworks after 1am. |
|
|
Jul 19 2016, 02:17 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
So far.. all is calm..and sunny, no storm, not even rain. A very light breeze only.
I think that's why the bulls are enjoying today. Bears are still hiding. Only small cubs out to play and they ran back into their cave. This post has been edited by danmooncake: Jul 19 2016, 02:18 AM |
|
|
Jul 19 2016, 02:30 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 19 2016, 02:35 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
to revisit 44.70 perhaps....
|
|
|
Jul 19 2016, 02:36 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
apple breakout 100 today....towards 104?
but my heart prefer it to revisit 89, not buying enough yet. |
|
|
Jul 19 2016, 02:42 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
dow's gone up 7 sessions in a row.
beware profit taking... |
|
|
Jul 19 2016, 03:47 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 19 2016, 11:17 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
NFLX got a -13% haircut after hours. Opportunity for bounce play tonight... |
|
|
Jul 19 2016, 11:25 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
the api/eia game starts again tonight/tmrw.
as an appetizer, 2 "conflicting" estimates in the last 12 hours: Further weighing on supply, U.S. commercial crude oil inventories likely fell by 2.2 million barrels from 521.8 million barrels in the week ended July 15, a preliminary Reuters poll of analysts showed on Monday. .... Market intelligence firm Genscape reported that the Cushing, Oklahoma delivery hub for U.S. crude futures saw a supply build of 26,460 barrels in the week to July 15, traders who saw the data said. |
|
|
Jul 19 2016, 11:30 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 19 2016, 11:50 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 19 2016, 09:28 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
few minutes to opening.
oil bulls looking for a reason and found one today! A protest over wages that shut the eastern Libyan oil terminal of Hariga forced the operator of the Sarir field to suspend production of 100,000 barrels per day. but really, we'll have to see how api/eia plays out. profound numbers may seal the direction for the next few weeks. |
|
|
Jul 19 2016, 09:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 19 2016, 09:28 PM) few minutes to opening. 45.50, see if it could keep this. Once broken, 44.70->43.45.... oil bulls looking for a reason and found one today! A protest over wages that shut the eastern Libyan oil terminal of Hariga forced the operator of the Sarir field to suspend production of 100,000 barrels per day. but really, we'll have to see how api/eia plays out. profound numbers may seal the direction for the next few weeks. This post has been edited by yok70: Jul 19 2016, 09:52 PM |
|
|
Jul 19 2016, 09:53 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 19 2016, 10:06 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 19 2016, 10:10 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 19 2016, 10:16 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 19 2016, 10:43 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Tonight..the price range is getting smaller and smaller. All being squeezed.
|
|
|
Jul 19 2016, 10:54 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 19 2016, 10:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
the battle of 45 continues!
again, we watch after 1am. fireworks guaranteed. broader market also taking a pause... |
|
|
Jul 19 2016, 11:00 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
i still think....bulls r everywhere, crude might just pip past the 46?
|
|
|
Jul 19 2016, 11:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(mikehwy @ Jul 19 2016, 11:00 PM) ya, local stocks also very bullish recently, as well as hk/china stocks....why? the expectation comes from the hope of further stimulation in all over the world? This post has been edited by yok70: Jul 19 2016, 11:18 PM |
|
|
Jul 19 2016, 11:27 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
I think crude may already roll over to Aug for the front month trading.
Yahoo still thinks the spot price is 44.xx ?? Not sure if this is right. |
|
|
Jul 19 2016, 11:31 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 19 2016, 11:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(danmooncake @ Jul 19 2016, 11:27 PM) I think crude may already roll over to Aug for the front month trading. yahoo is.... Yahoo still thinks the spot price is 44.xx ?? Not sure if this is right. http://www.investing.com/commodities/crude-oil it's sep contract... |
|
|
Jul 20 2016, 12:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(yok70 @ Jul 19 2016, 11:48 PM) Yeah... from the Yahoo from page:it links to: http://finance.yahoo.com/quote/CL%3DF/news |
|
|
Jul 20 2016, 12:28 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 20 2016, 01:41 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
looks like 44.66 is the lowest for today - mild fireworks.
from past few days pattern, it will ramp up, maybe to 45, after 2.15am. then wait for api data at 4.30am. and dow looks like going to close negative, snapping 7 day winning streak. |
|
|
Jul 20 2016, 02:17 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
oops...
2.17am... it dived! very weak indeed... |
|
|
Jul 20 2016, 03:24 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 20 2016, 10:39 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti futures rolling over from aug to sep...
sep 45.47 aug 44.60. 2.3m draw is not high. will see what eia says tonight. U.S. crude stockpiles fell by 2.3 million barrels last week, trade group American Petroleum Institute (API) reported. That was just above a 2.1 million-barrels draw forecast in a Reuters poll. For distillate inventories including diesel, API reported a surprise draw of 484,000 barrels. It also said there was an unexpected gasoline build of 805,000 barrels. |
|
|
Jul 20 2016, 06:16 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(AVFAN @ Jul 20 2016, 10:39 AM) wti futures rolling over from aug to sep... bulls still stubborn....trying to keep that 45.60 support.... sep 45.47 aug 44.60. 2.3m draw is not high. will see what eia says tonight. U.S. crude stockpiles fell by 2.3 million barrels last week, trade group American Petroleum Institute (API) reported. That was just above a 2.1 million-barrels draw forecast in a Reuters poll. For distillate inventories including diesel, API reported a surprise draw of 484,000 barrels. It also said there was an unexpected gasoline build of 805,000 barrels. |
|
|
Jul 20 2016, 06:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 20 2016, 06:16 PM) true, true...that's how money is made - has to go up. going down shrinks the pie, most will lose. but... as usual, watch 9pm onwards - the bulls will dump, let nymex deal with it. my take is unless eia reports draw of >3mil, wti will not go up. if it reports a buildup, it will dive like hell, nice then. |
|
|
Jul 20 2016, 08:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
ooo...
not even 9pm, wti dived 1.2%. |
|
|
Jul 20 2016, 10:03 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 20 2016, 10:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
NFLX is trying to bounce here.. big gap to fill but it is good opportunity here at mid 80s,
already at the bottom of the channel. Set stop at $84. |
|
|
Jul 20 2016, 10:13 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 20 2016, 10:03 PM) today is interesting.3 hrs before eia report, european bulls kept pushing it up. 1.5 hrs before eia report, they dumped and ran off, passed to nymex. 0.5 hr before eia report, nymex bulls push it back up a bit. boy... if eia report says -5mil, the bulls will have a field day! if eia report sya +1mil, the bears will maul them thru n thru. |
|
|
Jul 20 2016, 10:19 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jul 20 2016, 10:13 PM) today is interesting. It is slowly moving back up.. I think the bulls got a sneak peek here. 3 hrs before eia report, european bulls kept pushing it up. 1.5 hrs before eia report, they dumped and ran off, passed to nymex. 0.5 hr before eia report, nymex bulls push it back up a bit. boy... if eia report says -5mil, the bulls will have a field day! if eia report sya +1mil, the bears will maul them thru n thru. |
|
|
Jul 20 2016, 10:29 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
1 minute.
|
|
|
Jul 20 2016, 10:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
|
|
|
Jul 20 2016, 10:38 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
this is non-decisive!
Oil steady as US crude inventories fall by 2.3M barrels: EIA |
|
|
Jul 20 2016, 10:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Back to yesterday closing price... bears run away again.
|
|
|
Jul 20 2016, 10:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 20 2016, 11:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
actually, can't say the report is positive.
i think wti will stay weak... U.S. commercial crude stockpiles fell by 2.3 million barrels to a total of 519.5 million barrels, the Energy Information Administration reported. Meanwhile, gasoline stocks rose by 911,000 barrels, compared with the Reuters poll forecast for no change. Distillate stockpiles, which include diesel and heating oil, fell by 214,000 barrels, versus expectations for a 600,000-barrel increase, the EIA data showed. meanwhile dow keeps going up. goog is doing well. |
|
|
Jul 20 2016, 11:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Incredible.. 3% bounced from the lows at 44.55.. back to $46.
Come bears... hold this line and push it back down to mid 45 again. |
|
|
Jul 21 2016, 12:19 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 20 2016, 11:58 PM) Incredible.. 3% bounced from the lows at 44.55.. back to $46. broad market is still going strong.Come bears... hold this line and push it back down to mid 45 again. unlikely wti will go down by closing. will have to see next 2 days if "supply woes" will come haunting again. the situation is precarious, very sensitive to small matters. |
|
|
Jul 21 2016, 01:03 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Complacency is settling in.. all is calm, no rain or storm or any kind of bad events on the horizon.
VIX is low, bond yield is low, energy prices low... unemployment low... all is good. Crazy as it sounds, market participants expect a 5% more up from here. Only thing that can bring down this market is if Fed mumbles another possible interest rate hike. But, most unlikely with the US election in November. They may not want to derail this rally. Not sure where crude is going but likely it will stay within range bound here till end of year. |
|
|
Jul 21 2016, 02:33 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 21 2016, 03:49 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
bulls are so still in charge!
they so want to take out 2200... This post has been edited by yok70: Jul 21 2016, 03:50 AM |
|
|
Jul 21 2016, 09:40 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 21 2016, 10:28 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
dow taking a breather.
and wti... bulls finally acknowledge last night's eia report: Oil prices slip as US gasoline stock build raises glut worries |
|
|
Jul 21 2016, 10:55 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 21 2016, 11:34 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 22 2016, 01:01 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 22 2016, 01:05 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 22 2016, 02:41 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Still holding 44.50 here.... how many times we've been here???
Ok, if it doesn't want to go down below it, it should go back up again, right? Let's ride up one more time. |
|
|
Jul 22 2016, 02:45 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 22 2016, 03:04 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
i play vix this round....
|
|
|
Jul 22 2016, 03:10 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 22 2016, 03:13 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 22 2016, 03:23 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 22 2016, 03:36 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Ok, it is time to turn this ship around... Dow already back off from the 3 digits lost.
Come 'mon mr. market.... ease up , ease up.. don't make this a puke fest. |
|
|
Jul 22 2016, 10:21 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 22 2016, 03:36 AM) Ok, it is time to turn this ship around... Dow already back off from the 3 digits lost. ya, tonight will be interesting to see.Come 'mon mr. market.... ease up , ease up.. don't make this a puke fest. whether market will take more profit or resume gains on a friday. eyes will now be on boj july 29 after ecb holds helicopter money yesterday. wti getting serious support at 44.50. will be fun to see if it will bounce back or break to move lower still. my bet is it will head for 41.xx. |
|
|
Jul 22 2016, 09:24 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
here i am 10min before opening.
hoping to buy more dwti since european traders pushed it up to 45 earlier. now, they dump predictably just before they get off... 44.47. |
|
|
Jul 22 2016, 10:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Oh crap... Oil bears open the trap door below 44.50.
XLE still holding steady but it won't be longer if general market pulls back following crude later. |
|
|
Jul 22 2016, 11:04 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 22 2016, 10:51 PM) Oh crap... Oil bears open the trap door below 44.50. the chartists have been saying for the last few days... a big triangle formed, about to "drop into an abyss..." XLE still holding steady but it won't be longer if general market pulls back following crude later. will see what happens with rig count later. |
|
|
Jul 23 2016, 01:08 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
BREAKING: US oil rig count rises by 14 to 371; 4th straight weekly increase: Baker Hughes
|
|
|
Jul 23 2016, 03:06 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
bull is strong....still.....
|
|
|
Jul 23 2016, 10:45 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 23 2016, 11:22 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 24 2016, 11:49 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 25 2016, 02:40 PM
|
![]() ![]() ![]()
Junior Member
391 posts Joined: Apr 2008 From: Kuala Lumpur |
Today i ran into some problems trying to fund my broker account in USA.
The Maybank (over the counter) told me that i cant send funds overseas for foreign investment purpose without Bank negara approval. They said i need necessary documents, such as S&P and Stamped documents such as offer letter from the foreign investment entity. I just want to wire 2500 USD from my foreign currency account to my USA broker account. But they wont allow. I looked at Bank negara FAQ, http://www.bnm.gov.my/microsites/fxadmin/n...1_Residents.pdf no mention of restriction Anyone encounter this before? |
|
|
Jul 25 2016, 02:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(win44 @ Jul 25 2016, 02:40 PM) Today i ran into some problems trying to fund my broker account in USA. yes, been hearing this.The Maybank (over the counter) told me that i cant send funds overseas for foreign investment purpose without Bank negara approval. They said i need necessary documents, such as S&P and Stamped documents such as offer letter from the foreign investment entity. I just want to wire 2500 USD from my foreign currency account to my USA broker account. But they wont allow. I looked at Bank negara FAQ, http://www.bnm.gov.my/microsites/fxadmin/n...1_Residents.pdf no mention of restriction Anyone encounter this before? some people reported same recently, post #189: https://forum.lowyat.net/topic/3396549/+180 |
|
|
Jul 25 2016, 05:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
now approaching 43.70....
if broke 43.44, next stop 42.64 This post has been edited by yok70: Jul 25 2016, 05:33 PM |
|
|
Jul 25 2016, 09:08 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 25 2016, 09:19 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 25 2016, 09:21 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
Lookis like an evening of reckoning of 'truth' n fundamentals. Time to sell crude.
|
|
|
Jul 25 2016, 09:30 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jul 25 2016, 09:21 PM) no fires, no strikes, no opec talk, no production cuts.not even slightest positive news. excess gasoline, excess diesel. not only crude but refined products too are in a glut. the bulls are getting off. long positions reducing by the day. This post has been edited by AVFAN: Jul 25 2016, 09:31 PM |
|
|
Jul 25 2016, 09:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(AVFAN @ Jul 25 2016, 09:30 PM) no fires, no strikes, no opec talk, no production cuts. Tempted to sell but scared to get caught in the 43-45 range movement.not even slightest positive news. excess gasoline, excess diesel. not only crude but refined products too are in a glut. the bulls are getting off. long positions reducing by the day. |
|
|
Jul 25 2016, 11:57 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
next stop 42.60....
|
|
|
Jul 26 2016, 12:16 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 26 2016, 12:21 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 26 2016, 01:17 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 26 2016, 12:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 26 2016, 12:56 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(win44 @ Jul 25 2016, 02:40 PM) Today i ran into some problems trying to fund my broker account in USA. Wow... such more paperwork for just $2500 ??The Maybank (over the counter) told me that i cant send funds overseas for foreign investment purpose without Bank negara approval. They said i need necessary documents, such as S&P and Stamped documents such as offer letter from the foreign investment entity. I just want to wire 2500 USD from my foreign currency account to my USA broker account. But they wont allow. I looked at Bank negara FAQ, http://www.bnm.gov.my/microsites/fxadmin/n...1_Residents.pdf no mention of restriction Anyone encounter this before? Funny, it not even million or tens of thousands, perhaps now BNM is too zealous or nervous, and they're putting in all sorts of bureaucracy to discourage money transfer out from the country. It must be after that Money-Laundering fiasco by you-know-who. Just tell them it is "donation"... |
|
|
Jul 26 2016, 03:22 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 26 2016, 12:56 PM) Funny, it not even million or tens of thousands, perhaps now BNM is too zealous or nervous, and they're putting in all sorts of bureaucracy to discourage money transfer out from the country. probably tightening controls to discourage individual funds outflow.news is that epf is allowing more flexibility for unit trusts having foreign stocks. to encourage individuals to let "some other hands" handle it?! This post has been edited by AVFAN: Jul 26 2016, 03:23 PM |
|
|
Jul 26 2016, 04:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 25 2016, 11:57 PM) done.QUOTE(danmooncake @ Jul 26 2016, 12:51 PM) I'm going to put a bid at 42.50 or lower here.. if it happens tonight. touched 42.56 just now.Hopefully, it will dive down to that level.. heck even 41.xx also ok. big oil BP gave big warning on earnings. <42 likely tonight. api/eia news will ensure that. |
|
|
Jul 26 2016, 04:46 PM
Show posts by this member only | IPv6 | Post
#463
|
![]() ![]() ![]()
Junior Member
391 posts Joined: Apr 2008 From: Kuala Lumpur |
QUOTE(danmooncake @ Jul 26 2016, 12:56 PM) Wow... such more paperwork for just $2500 ?? Oh ya! i should have said it is a donation!Funny, it not even million or tens of thousands, perhaps now BNM is too zealous or nervous, and they're putting in all sorts of bureaucracy to discourage money transfer out from the country. It must be after that Money-Laundering fiasco by you-know-who. Just tell them it is "donation"... |
|
|
Jul 26 2016, 07:53 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti 42.50.
dwti 106! i wish i am holding more!! |
|
|
Jul 26 2016, 10:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Target achieved...
Ok, watch for the bulls try to turn it around. Maybe they'll cook up some good news.. if not, it will continue to slide to 41.50 or lower here. |
|
|
Jul 26 2016, 11:31 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 26 2016, 10:39 PM) Target achieved... there seems to be some good support at 42.80 after hitting 42.40.Ok, watch for the bulls try to turn it around. Maybe they'll cook up some good news.. if not, it will continue to slide to 41.50 or lower here. bulls... ya, may take api data later to rally...? we'll know after 1am. |
|
|
Jul 26 2016, 11:56 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Bounces off 42.50...hop to 42.75, 42.90.. now let's get back above 43.
|
|
|
Jul 27 2016, 01:39 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
quite a battle for the last 90 mins at 42.8x!
50 mins more. if it returns to 42.60, i get off. if it gets to 43, i hold for a day, see what happens tmrw. |
|
|
Jul 27 2016, 03:49 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
43 most likely failed to hold tonight.
|
|
|
Jul 27 2016, 11:11 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(yok70 @ Jul 27 2016, 03:49 AM) likely get closer to 42 tonight.more so if eia reports unfavorable stocks change. The American Petroleum Institute reported an 800,000-barrel draw in crude oil inventories for the week to July 22. Strategic inventories at Cushing, Oklahoma, however, were up by 1.4 million barrels. WTI plunged to a three-month low today, before the release of the API figures, to US$42.83 a barrel. Brent crude was trading at US$44.78 at 4.30pm EDT. |
|
|
Jul 27 2016, 09:53 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
10 a.m. Pending home sales
10:30 a.m. EIA report 11:30 a.m. $15 billion 2-year floating rate notes auction 2 p.m. FOMC rate decision |
|
|
Jul 27 2016, 10:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Buy Buy Buy.... all boats lifted by AAPL!
|
|
|
Jul 27 2016, 10:25 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 27 2016, 10:26 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
|
|
|
Jul 27 2016, 10:30 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
WTI dive!
|
|
|
Jul 27 2016, 10:33 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 27 2016, 10:35 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
BREAKING: Oil prices fall on surprise US crude stock build of 1.7M barrels: EIA
41.xx imminent. This post has been edited by AVFAN: Jul 27 2016, 10:39 PM |
|
|
Jul 27 2016, 10:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
|
|
|
Jul 27 2016, 10:46 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 27 2016, 11:03 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Holding steady now...
|
|
|
Jul 27 2016, 11:06 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 27 2016, 11:03 PM) it will rebound at the slightest news of... fire, hurricanes, heavy snow...and strikes, opec speak, non-opec speak, bombs... u name it, anything will do. i been selling dwti 107, 108, 109, 110... now, wait and see when and how the oil bulls will come back. |
|
|
Jul 27 2016, 11:14 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Got fake out when I saw XLE popping. It better not drop below 66.50 by Friday.
Otherwise, I get to own it. |
|
|
Jul 27 2016, 11:24 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
hmm...looks hard to hold 42....
|
|
|
Jul 27 2016, 11:42 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 28 2016, 01:20 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
The floor looks very weak here....about to collapse.
This post has been edited by danmooncake: Jul 28 2016, 01:21 AM |
|
|
Jul 28 2016, 01:23 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 28 2016, 01:24 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
DWTI looks like it is about to complete its saucer shape formation here.
This post has been edited by danmooncake: Jul 28 2016, 01:27 AM |
|
|
Jul 28 2016, 01:52 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jul 28 2016, 01:24 AM) the daily chart of wti is an inverted saucer! i was just checking... june 8... wti about 52, dwti 66. july 27... wti 42, dwti 110. change for wti about 20%. change for dwti about 60%. so, 3x leverage is correct. |
|
|
Jul 28 2016, 02:02 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
maybe this will halt wti slide?
BREAKING: Fed leaves rates unchanged in July meeting |
|
|
Jul 28 2016, 03:01 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jul 28 2016, 02:02 AM) I hope so... understandably crude is going lower because of supply concerns butit should not be a straight line down. Need a little push back up first.. before the next round. We're now in 40.xx to 45.xx range play. If bearish sentiments continue tomorrow, I hope worst case is 40.50 support level but need to get back above 42.50 by Friday closing. |
|
|
Jul 28 2016, 05:32 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
failed to hold 42.
tomorrow looking to test 40?.... |
|
|
Jul 28 2016, 08:04 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
crude + gasoline stocks incr...
in the absence of major dev, some chartists now quoting 40.36 next stop. but after 5 straight days of heavy losses, good chance a mild recovery first. also interesting to note last year jun-aug was very dramatic for wti. history repeating itself! seasonal? |
|
|
Jul 28 2016, 02:23 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
crude has been defending 43 last 3 days, now its 42.
looking back, it shd goes up tp 43+ anytime, unless, unless there are 'bad' news to further push it downwards. |
|
|
Jul 28 2016, 05:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
QUOTE(mikehwy @ Jul 28 2016, 02:23 PM) crude has been defending 43 last 3 days, now its 42. the fall's been drastic, scary even.looking back, it shd goes up tp 43+ anytime, unless, unless there are 'bad' news to further push it downwards. asian traders pushed it back up to 42.10 today but european traders now pounding it back to 41.80. and their past behavior says they will flee just before 9.30pm. so, maybe 41.50-41.60 at opening later. if it breaks that, i think it will go 40.xx by tmrw. question... tonight... to uwti or dwti? |
|
|
Jul 28 2016, 05:46 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
17,100 posts Joined: Mar 2005 |
I prefer the U. 41+ is considered 'cheap'. Hope there is a gap down n the shorters get out after the open
|
|
|
Jul 28 2016, 07:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 28 2016, 08:00 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
fighting 42 continues....
|
|
|
Jul 28 2016, 10:09 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
|
|
|
Jul 28 2016, 10:26 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
10,123 posts Joined: Aug 2007 |
Hold and defend that $41.50 line boys... hold it!!
|
|
|
Jul 28 2016, 10:39 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
24,449 posts Joined: Nov 2010 |
wti is weak, weaker than i thought.
can't even hold for 24 hrs! tmrw, if rig count incr, worse. lucky i did not sell all my dwti. |
| Change to: | 0.1577sec
0.65
6 queries
GZIP Disabled
Time is now: 28th November 2025 - 03:08 PM |