Domingo Halliburton
Handmade in USA
you expecting a move in MSFT?
Boiler Room: The Official Stock Market Discussion
you expecting a move in MSFT?
Futuristic Eskimo
All Star
Crude might be moving against you here. More Iraq nonsense and an easing of the export ban.
the easing doesn't affect crude oil
oil production is in iraq south, the Iraq insurgents are in the North - exhausted run in oil showed up today even with the insurgents capturing more areas in the north.
Futuristic Eskimo
All Star
It might not right now directly, but that export ban isnt going to last.
also the way i read it, if this "light oil" is opened for international shipping you have the following effects:
1. you have potentially another player in the fuel field (with crude) and thus could affect demand of crude/increase supply of fuel, which would lower international prices
2. producers who have all this excess supply can ship outside the US this excess and make a profit
maybe but i don't see how additional capacity would drive international fuel prices up
Futuristic Eskimo
All Star
It won't. The argument is that the spread between prices in the US and the Brent will close, so oil produced in the US will be more expensive.
I'm not really sure why this news caused that jump in the Brent, but, like I said, this shyt is so news driven and less about fundamentals.
Edit: Nvm I read wrong. US futures went up. Brent hasn't. that makes sense.
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Whats goin on with AMD man
Who knows. Its still a buy and hold for me friend.
Dont sleep on LGF, YELP, TSLA, WWAV, and MU either....
My portfolio is crushing right now after such a bleak spring. Lets hope the summer maintains this postive trend...
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no doubt. just going to put a little cash here and see what happens. Any websites you recommend i check out to look into this?
My broker is Etrade BTW.
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Oil aint pulling back breh. Iraq and the summer season will insure High gas prices for the forseeable future.
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Pfizer is a solid blue chipper, at some pretty hisotric lows right now so it might be a good jump in point. Only problem is that there star drug Lipitor goes generic in November. This will likely result in substantial declines in revenue in subsequent quarters (i.e Q1 2015). I would honestly short this stock if i were a betting man.
However they are a formidable pharmeceutical company, so their viability long term is still good, given their substantial war chest. I can definitely see this as a good buy and hold for at least 4-5 years before you expect any decent returns.
The stock will likely continue to fall until late 2015 i think...
i would start with investopedia and theoptionsguide to get the basics down and paper trading to learn the concepts
get off the etrade platform, how much are you paying in commission (if you don't mind me asking)
if you're serious, look into optionsexpress (expensive but great tools and customer service), thinkorswim, and if you really feel comfortable placetrade or interactive brokers. The latter is definitely less user friendly but commissions are the best.
i keep talking about oil prices, but what I'm short is CVX, OIH, and the XLE. I don't necessary need oil prices to fall - the summer increase is built into forecasts. Any mitigation or realization that the iraqi issue has no affect on oil prices and reaction to Commerce dept potential easing us shipments will cause less volatility, which should see the run up in these companies retrace backwards.
That's what I'm playing for - US releases oil supply today as well. So looking at it from a micro point of view - there's a good chance to see a pull back. XLE dropped 2% yesterday another pullback today and I should be good/