It is time to get back into the stock market

[dragonhawk1855]

DOW +456.81
S&P +48.15
10 YTN 0.05
oil +$0.57
gas + $0.02
NG -+0.02 to $1.83

markets are up on the country slowly opening up.

 

[dragonhawk1855]

DOW -109.33
S&P +0.52
10 YTN 0.04 to 0.73
oil +$0.30 to $25.38 July contract
gas +$0.01 to $0.93 June contract
NG +0.02 to $1.85 June contract

SA just announced that they are cutting back another MBPD to drop the over supply

who says that SA does not control the price of oil? to them its a matter of turning a knob on how much they pump out to get the price they want.

 

[dragonhawk1855]

DOW -516.71
S&P -50.12
10 YTN -0.03
Oil +$0.15 to $25.53
Gas -$0.01

 

[dragonhawk1855]

DOW +842.81 up to 24,528.23
S&P +90.47 up to 2954.17
10 YTN 0.07 up to 0.71
Oil +$3.31 to $32.83
Gas +$0.08 to $1.06
NG +$0.17 to $1.82
the last to on the dwindling supply and uptick in demand,

 

[dragonhawk1855]

DOW finishes up +911.95
S&P +90.21
10 YTN +10
Oil up to $32.28
Gas up to $1.06
NG end of the day $1.78

investesters banking the hopes of increased demand

 

[dragonhawk1855]

DOW dropped over 300 points in the last half hour of trading to finish -390.51
S&P -30.91
10 TYN -0.03
Oil -$0.40 to settle @ $31.86
Gas -$0.01 to settle @$1.05
NG +0.02 to settle @$1.80 on hopes that demand will increase.
here by me the price @ the pump jumped to $1.84 pg up from $1.74 PG 4 days ago.

in less than 4 weeks gas has gone from $1.19 to $1.84 pg for unleaded gas for a invrease of $0.64 pg increase all on the speculation that demand will increase and that the cutbacks on oil production will cause a shortage.

who says that Saudia Arabia doesn't/can't dictate the price of oil and gas?

 

[dragonhawk1855]

as for the PURA STOCK the just released the sales for 2018 as being 1.2 million dollars in 2018 to 2.7 million dollars in 2019 with a net profit of $200,000.

now it will get interesting to see the reaction to this report.

 

[JimboBBN]

 

[dragonhawk1855]

DOW +369.04
S&0 +48.67
10 YTN -0.03
oil +1.76 to $33.62 pb
gas +$0.01 to $1.06 pg
NG -$0.03 to $1.77

 

[dragonhawk1855]

the week is off to a good start
DOW +613.57 to 25,078.73
S&P +56.55 to 3012.10
10 YTN +0.04 to 0.70
Oil +$1.26 pb to $34.51
Gas +$0.03 to $1.08
NG +$0.03 to $1.91 on get this warmer weather. they have it both ways it get cold so they have to charge more it gets warmer so they have to charge more.

also found out what has happened to my PURA stock. the FDA as not approved the use of the CBD Oil as being safe for people to use.

meaning the bigger Pharma companies can't regulate or make a profit off it. SO NOBODY will.

this is why they are going outside the US with their product. in 2018 congress legalized the growing hemp by the farmers but the FDA as blocked them at every turn in getting finacial aid and a market for their product. growing hemp by the farmers was to give them a 3rd source of a cash crop

hemp can be used in many commercial products, plastics, twine and other products. but because it contains CBD and THC the FDA is blocking the use of the hemp plant in any form.

 

[dragonhawk1855]

very little change from this morning, forecast of increased demand and the supply is supposedly declining inventories due to the capping of wells.

Bidens has come out and said he will ban any all shale drilng on Federal land, this would reduce the amount of Oil produced in the US by 5,000,000 bpd.

 

[dragonhawk1855]

DOW +553.16
S&P +44.36
10 YTN -0.02
Oil - $2.68 to $31.85
Gas -$0.08 to $1.00
this after the API showed these for build
oil 8.371 million barrels
distillates 6.907 mb
gas 1.12 million barrels.

this is not what they were hoping for. also talk is that Russia in talking about increasing production.

me I am curious as to how long countries like Irag, Libyia and some of the other smaller and poorer countries will keep their production down.

SA is trying to control the worldwide price of oil and it remains to be seen if they can or will.

 

[bMORE607]

DOW +553.16
S&P +44.36
10 YTN -0.02
Oil - $2.68 to $31.85
Gas -$0.08 to $1.00
this after the API showed these for build
oil 8.371 million barrels
distillates 6.907 mb
gas 1.12 million barrels.

this is not what they were hoping for. also talk is that Russia in talking about increasing production.

me I am curious as to how long countries like Irag, Libyia and some of the other smaller and poorer countries will keep their production down.

SA is trying to control the worldwide price of oil and it remains to be seen if they can or will.

We’ll just invade Irag if they don’t keep their production down. #MightMakesRight

 

[dragonhawk1855]

We’ll just invade Irag if they don’t keep their production down. #MightMakesRight

not needed, they are losing millions each day and these poorer nations can't afford to keep losing money like SA can. remember even with all the cutbacks SA still produces over 7,000,000 bpd.
@even $30.00 PB they still bring in $210,000,000 per day X 30 days = 6,300,000,000 per month. these other countries don't even comes close to make that kind of money.

they want $60+ pb which it = $12,600,000.000 per month income just for SA.

 

[dragonhawk1855]

end of the week
DOW -17.53 to end at 25,383.11
S&P +14.58 to end at 3044.31
10 YTN -0.06 to end at 0.65
Oil + $3.47 to end at $35.82 pb
Gas $0.01 to end at $1.06
NG ends at $1.84 it is this high based on the weather is getting warmer. covering it both ways weather gets colder jack the price up because of demand, it gets warmer its jack the price needs to go up because of increased demand.

the price of gas skyrocketed because of the announced trade deal with China.

here near me the price of unleaded is $1.94 and Premium is $2.61. at this rate gas will be over $3.00 per gallon for Unleaded and $3.65 or more.

 

[bMORE607]

Gil, can I get an update on Boeing?

Spoiler

Also inb4 the massive drop tomorrow.

 

[bMORE607]

 

[della]

I pulled the money I had put in the market March 19th out yesterday. I think upward movement will be tougher going forward.

 

[bMORE607]

I pulled the money I had put in the market March 19th out yesterday. I think upward movement will be tougher going forward.

What did you have it invested in that you think that?

 

[della]

What did you have it invested in that you think that?

I was investing in index funds. S&P

There was blood in the water in March, everyone is in the sky is falling mode and I thought there was way more upside then downside to the market. The gov't and the Fed pretty much was going to guarantee the economy for political reasons, so I thought is was a safe bet.