ill
Superstar
CHK was at 1.60 at the time of your post. Not sure where you got your numbers from.
Boiler Room: The Official Stock Market Discussion
CHK was at 1.60 at the time of your post. Not sure where you got your numbers from.
Domingo Halliburton
Handmade in USA
even though the markets aren't open tomorrow, nikkei is way up on terrible economic data from Japan and China.
Sunalmighty
Superstar
Anyone ever read A Walk Down Wallstreet?
Domingo Halliburton
Handmade in USA
Random Walk? yeah. it's a little dry but it's interesting. people will dispute the evidence he gives for the efficient market hypothesis in the book but it gives you a good way to invest while keeping fees down.
Sunalmighty
Superstar
I've been doing some research. I need to get an Admiral Shares Total Market Index Fund for my brokerage and use my Roth for dividend stocks.
DrBanneker
Space is the Place
Yeah, when Iran and Saudi Arabia agree...fat chance that will happen. Given the Saudis are issuing debt on international markets and selling state assets, they aren't planning to right now.
DrBanneker
Space is the Place
Yep, my BTC is doing well. I knew I should have stocked up more when it was down in $170-220 range but oh well. Good thing I wasn't in any altcoins though since my boys lost a lot of $$ in Dogecoin and some others.
DrBanneker
Space is the Place
Speaking of precious metals, a lot of brehs focus on gold but not all have the budget for it at $1.2k per oz. Silver has done pretty well over the past couple of weeks and is still under $20/oz so is an easier vehicle to start with.
DrBanneker
Space is the Place
One other note--a cheaper proxy to buying gold is gold mining stocks like Goldcorp (GG) and Agnico Eagle Miners (AEM) among others.
Domingo Halliburton
Handmade in USA
Yeah I doubt it happens. Russia came out and said they haven't talked to anyone at OPEC about it. Venezuela may try and float a desperate rumor no one will believe.
You think KSA will actually do an Aramco IPO?
DrBanneker
Space is the Place
That Aramco IPO has me really wondering. It is either:
1) maybe a political tool to use as an excuse for internal housecleaning under the guise of due diligence
2) Saudis know the oil is cratered for a while and plan to float Aramco shares to get cash to ride it out; this would have been smarter to do when oil was at the top, then up production to crater the oil price and buy the share back at a discount. But maybe that is why no one would buy an Aramco IPO when the KSA had full control
3) Their back is against the wall with their budget and they need investment
4) The current government, especially the crown prince, is nuts
Can't say, I have no inside info.
DrBanneker
Space is the Place
With the relatively warmer winter this year and the still existing glut of shale gas (despite lots of wells closing) I would only do that if you want to hold for a while or think they will be acquired. Remember, natural gas can be stored (in old mines) so the storage glut can buffer price rises for a while until production is cut under demand or there is an extended cold snap in winter or warm snap in summer. Look at eia.doe.gov for good charts and analysis.
Domingo Halliburton
Handmade in USA
Draghi hinting at more stimulus, Europe up, gold down, euro down.
DrBanneker
Space is the Place
Draghi will go negative on rates, not an if but when. Just look at Sweden last week. That's why Alex Weber didn't want the BoE job, he wasn't going to suck di*k for inflation.
Domingo Halliburton
Handmade in USA
Yeah, wouldn't surprise me.