Stock Market Thread

[BLINGMW]

...September Fed meeting...

That's why I'm out of all stocks right now and only in metals, though it seems I've pulled the trigger a little early....

[Tyler.M]

...September Fed meeting...

That's why I'm out of all stocks right now and only in metals, though it seems I've pulled the trigger a little early....

I'm not sure that totally pulling out is the right answer... Maybe a re-balance or move your funds to companies, mutual funds, index funds that can help diversify a little better. Financials maybe? Anticipating a hike in interest rates to help increase bottom line for lenders.

[BLINGMW]

I'm not sure that totally pulling out is the right answer...

Me neither, but I don't understand/trust financials and funds are boring. I do a fund in my 401K but IRA is my gambling money. :lol:

[BLINGMW]

Feeling pretty good about being out this week. DIS down 10% yesterday, TSLA down 10% today and SCTY following their lead, all stuff I'd otherwise be pulling my hair out about. And oil back down to it's early 2015 lows! Woooosaaaah

[Tyler.M]

Appl down too. About time TSLA came down. Its been overpriced for like, ever. Even Elon thinks so. Appl finally coming down a smidge too

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[BLINGMW]

TSLA's still above SMA 200 though, AAPL's well under as of monday/tuesday, I'd sell if I was holding that one.

[Tyler.M]

I'd buy more! discount appl stock! woop woop!

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[BLINGMW]

I'd buy more! discount appl stock! woop woop!

Appears the street agrees with you so far this morning. I'll be interested to see what happens when it gets to about 121.

[BLINGMW]

Appears the street agrees with you so far this morning.

HA HA JUST KIDDING!

ok, OPEC says demand is recovering a bit and US production has slowed, so I'm calling the bottom of the oil price slide.

:finger: :twisted: :lol:

[WRXtranceformed]

I saw something from a research economist that mentioned that we could see $15-$20 / barrel prices soon, which would put gas prices where they were in the mid 90s. What is interesting to me is to hear the effect this is having on Russia (ie the ruble) and the relationship between Iran and the rest of the Middle East. If the Iran deal goes through, it would release a lot of sanctions that prevented them from selling oil internationally, so the Saudis will likely keep the supply high because Iran would need high oil prices to see a huge economic benefit. I guess the Saudis have been made for so long that they can ride out low prices for a really long time.

[CaptainHenreh]

I saw something from a research economist that mentioned that we could see $15-$20 / barrel prices soon, which would put gas prices where they were in the mid 90s. What is interesting to me is to hear the effect this is having on Russia (ie the ruble) and the relationship between Iran and the rest of the Middle East. If the Iran deal goes through, it would release a lot of sanctions that prevented them from selling oil internationally, so the Saudis will likely keep the supply high because Iran would need high oil prices to see a huge economic benefit. I guess the Saudis have been made for so long that they can ride out low prices for a really long time.

This is honestly one of two things I will give Obama credit for. One is STUXNET letting Iran know "We own your shit. We are in ur base, killin ur doods" and the second is literally taking the wind right out of Russian sails by collaborating with the House of Saud for these stupid low oil prices. This puts the screws to Russia, ISIS, and all of the "more hostile" members of OPEC. They're all either terrified of an Arab Spring or terrified of a nuclear Iran, and while we're never going to be loved over there, if we get cheap gas, a stronger dollar, and cheaper goods? I mean...ok fine.

When the fed bumps that interest rate tho...that's gonna be a fun ride.

[WRXtranceformed]

For sure man...although STUXNET, wasn't that determined to have been engineered by the Israelis? I'm sure we had a hand in it somehow but Obama isn't exactly best friends with Netanyahu or the Israeli state

[CaptainHenreh]

For sure man...although STUXNET, wasn't that determined to have been engineered by the Israelis? I'm sure we had a hand in it somehow but Obama isn't exactly best friends with Netanyahu or the Israeli state

Eh, all evidence points to Stuxnet having a bush administration origin, Obama ran with it, and despite O and Netanyahooooohooo butting heads in public, make no mistake: The US and Israel have an excellent working relationship when it comes to a common goal. I mean, I don't think people realize, Stuxnet first appeared in June of 2009, and cost Iran an assload of time and money from 2009-2011, and they easily would have had weapons grade Uranium (assuming no other intervention) without this.

My guess (fantasy?) is that Stuxnet was planned an executed by an autonomous NSA/CIA cell working closely with Mossad (or a similar autonomous, deniable cell.) See: the so-called Equation Group.

[WRXtranceformed]

Black ops stuff mang!

[ScottyB]

filled up the Xterra today with Kroger piss-gas at $2.05. literally couldn't believe it.

granted, GA has dirt cheap fuel due to low taxes and distribution network, but i very, very distinctly remember filling up my accord at the sheetz on university/reservoir in 2005, right after gas prices shot over $2 gallon, and thinking about how much it sucked that this was probably the last time i'd ever see that in my lifetime. it wasn't too many years after that we bumped right up on $4/gal for a while which made me sure i was right about that. a decade later we're somehow back down at low 2's again.

some crazy ass times we live in, dudes.

[WRXtranceformed]

Nuts...$1.99 in SC yesterday

[HAULN-SS]

Parents got 1.89 in roanoke with no coupons or anything

[.RJ]

Thanks, Obama!

[BLINGMW]

Fire sale! All your favorite stocks 10% off at 9:35 this morning! :o

[Tyler.M]

and so it begins!!! ive pretty much pulled out of the market for the time being.

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