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You like to help people, but you treat people that help you like garbage? Go head and use your default settings, I hope you get real far with those.
Read the things you are saying. You shouldn't be surprised by the responses you are getting from people. It's like going on the New York forum and then answering people's threads by saying, "People are giving you the wrong information, but I could tell you what it's like here, but I'm not going to do it for free, that's my business!"
Notes: Nice bounce off the 50 day moving average. I will sell it if it dips slightly below it. As of now, that's roughly a 2% potential loss. There is resistance at the 20 day moving average, looking for a break above.
It dipped to 123.10, below the 50 day. Did you stop out of this or still holding it?
Quote:
Originally Posted by ThisDamnLife
I know this thread isn't meant for this query but couldn't help asking. Isn't the strong USD a seasonal thing? I remember reading somewhere (probably investopedia) that historical data suggests that USD is that there's a 60% chance that a strong/weak USD shall play out in the first qtr of the year. So, if that's the current situation then shouldn't the (probably) the 3rd qtr be much better & hence @ the end of the year or in hindsight all this might be a 'zero sum' game.
No, it's not a seasonal thing. Currency strength/weakness depends on so many variables it's impossible to say one thing is causing it. This dollar bull has been running since early last summer. It's showing no signs of stopping either.
As far as a zero sum game, you could say that. The net effect though is deflationary and negative for large US multinationals with significant exports (most of the S&P 500 is negatively impacted, particularly sectors like tech).
I'm starting a position in energy again, after having sold out last year (except for MLP BBEP). I usually do not trade and if a position goes against me but still is a good value to me I'll buy more. RDSA (Shell) bought this a.m. @ $60.39. Let's see where it goes from here.
I'm starting a position in energy again, after having sold out last year (except for MLP BBEP). I usually do not trade and if a position goes against me but still is a good value to me I'll buy more. RDSA (Shell) bought this a.m. @ $60.39. Let's see where it goes from here.
It's got one hell of a yield and a good balance sheet. I like the big oils in the long run, but it could take 6 months to a year before we see any real appreciation in the share price. Meanwhile that dividend should appease.
It dipped to 123.10, below the 50 day. Did you stop out of this or still holding it?
No I haven't sold it yet. I care more about where it closes vs intraday movement, unless the intraday movement is a complete free fall. I'll be sure to post my trades (including exits) here.
Stock went from .68/share on Tuesday to around 1.70/share today out of the blue. Only news report on that day was the companies last years financial report which they reported a loss which still doesn't explain the spiral straight up. They were trading around $5.00/share back in November but crashed almost overnight to .52/share and has been slowly gaining speed.
Stock went from .68/share on Tuesday to around 1.70/share today out of the blue. Only news report on that day was the companies last years financial report which they reported a loss which still doesn't explain the spiral straight up. They were trading around $5.00/share back in November but crashed almost overnight to .52/share and has been slowly gaining speed.
Based on what I gather, this stocks performance is a flip of a coin. It's like a penny stock. Why do you even mess with it?
I like to play around with penny stock. Made some good money out of the blue on stock similarly to this. Stock jumps up 150% then massive selloff which brings it right back down to were it was at a few days earlier. Might crash on Monday or Tuesday but still will make some quick cash. Only reason I got 150 shares was because I missed it when it first started to rise at .68, did not see it going up higher. If I could of got in then I would of put $5,000 into it and would of doubled that if I sold it today. Already seeing massive sell offs happening but the amount of people buying into it is still greater.
It's got one hell of a yield and a good balance sheet. I like the big oils in the long run, but it could take 6 months to a year before we see any real appreciation in the share price. Meanwhile that dividend should appease.
Yeah my timing is usually extremely bad That's why I have to move in several portions into a full position. It's also I am very underweight energy right now and need to balance it out a bit.
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That's why I have to move in several portions into a full position. It's also I am very underweight energy right now and need to balance it out a bit.
