It is time to get back into the stock market

Discussion in 'College Basketball Board' started by della, Mar 19, 2020.

  1. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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.
     
  2. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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.
     
  3. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    DOW -516.71
    S&P -50.12
    10 YTN -0.03
    Oil +$0.15 to $25.53
    Gas -$0.01
     
  4. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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,
     
  5. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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
     
  6. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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?
     
  7. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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.
     
  8. JimboBBN

    JimboBBN Well-Known Member
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  9. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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
     
  10. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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.
     
  11. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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.
     
  12. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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.
     
  13. bMORE607

    bMORE607 Well-Known Member
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    We’ll just invade Irag if they don’t keep their production down. #MightMakesRight
     
  14. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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.
     
  15. dragonhawk1855

    dragonhawk1855 Well-Known Member
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    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.
     
    535 dragonhawk1855, May 29, 2020
    Last edited: May 29, 2020
  16. bMORE607

    bMORE607 Well-Known Member
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    Gil, can I get an update on Boeing?

    Also inb4 the massive drop tomorrow.
     
  17. bMORE607

    bMORE607 Well-Known Member
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  18. della

    della Well-Known Member
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    I pulled the money I had put in the market March 19th out yesterday. I think upward movement will be tougher going forward.
     
    GE Nole likes this.
  19. bMORE607

    bMORE607 Well-Known Member
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    What did you have it invested in that you think that?
     
  20. della

    della Well-Known Member
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    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.
     

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