Prognightmare said:Aggie_2463 said:
Prog,
Now I have people at work who bought RIG and are up 15%, but won't sell. I'm trying to tackle them and force them to. They don't understand that since it's a stock I'm bag holding on, it's not going back up. Just won't listen though
LT hold, but I'm thinking things are gonna go up and down the next few months so it seems like a good opportunity to some while it's high just in case we go to 15,000 in a few monthsPrognightmare said:You're up 40+%, was it for a trade or LT hold?sellthefarm said:
Bought ROKU at $70. Should I capture some gains now or just let it ride?
McInnis 03 said:
Every oil and every casino is kind of going haywire right now. Haven't seen a day like today in awhile, don't get comfortable with it. It's a TRAP.
I'm still watching on CSpan.org, they're still taking. Schumer said he felt like he could be ready to go this afternoon.Carlo4 said:
LOL love the name above me (sell the farm).
Anyway, I don't know about you guys, but i'm selling my gains right before they vote. For now, I'm happy with one day trades in the 20%-30% profits.
Edit: anyone know when they plan on voting?
Do you have the ability to write covered calls?sellthefarm said:LT hold, but I'm thinking things are gonna go up and down the next few months so it seems like a good opportunity to some while it's high just in case we go to 15,000 in a few monthsPrognightmare said:You're up 40+%, was it for a trade or LT hold?sellthefarm said:
Bought ROKU at $70. Should I capture some gains now or just let it ride?
Bought at 57 and sold today at 69. I'm long on this but my gut tells me it will fall and I can get back in with more shares later.tam2002 said:McInnis 03 said:
Every oil and every casino is kind of going haywire right now. Haven't seen a day like today in awhile, don't get comfortable with it. It's a TRAP.
Bought Wynn at 52...currently 69. I agree on other casinos but I debating back and forth on selling here
Shooters shoot!jayelbee said:
I think I'm going to roll the dice on $10k worth of deep OTM puts on airlines and cruise liners
selling or buying?jayelbee said:
I think I'm going to roll the dice on $10k worth of deep OTM puts on airlines and cruise liners
FriscoKid said:
I'm afraid to be short here. If the drug cocktail is effective then we go back to work and trillions of dollars will have been printed. Fear will evaporate overnight and it will be be a strict unemployment/earnings event that the market knows how to price.
Would love some more insight on this. I bought RDS b at an average of around $21. Up about 50% since then. I'm long on it but could also take a good profit now...gougler08 said:O&G seems like a big trap, no way the majors should be up like thisBREwmaster said:HP thinks we could rally this week, but bull trap (constructed by bears) in process. My bet is Thursday Friday they dump.jj9000 said:
Who around here is of the opinion that we see a power hour selloff?
Also, an interesting snapshot. Oil is ~$23, and XOM is up ~10%, CVX up ~18%.
Interesting times indeed.
Crude is only up $3-4 off bottoms (15% or so) and yet RDS/XOM/CVX are all running up 30-40% over the past week. I'm sure of this is that it flashed down too far, but it just seems that oil is still in a very bad place and doesn't lend to such a run on these majors, especially with the CAPEX cuts being announced.MOCO9 said:Would love some more insight on this. I bought RDS b at an average of around $21. Up about 50% since then. I'm long on it but could also take a good profit now...gougler08 said:O&G seems like a big trap, no way the majors should be up like thisBREwmaster said:HP thinks we could rally this week, but bull trap (constructed by bears) in process. My bet is Thursday Friday they dump.jj9000 said:
Who around here is of the opinion that we see a power hour selloff?
Also, an interesting snapshot. Oil is ~$23, and XOM is up ~10%, CVX up ~18%.
Interesting times indeed.
I wonder if progress on the Saudi/Russian front hasn't been leaked to a select few on Wall Street.gougler08 said:Crude is only up $3-4 off bottoms (15% or so) and yet RDS/XOM/CVX are all running up 30-40% over the past week. I'm sure of this is that it flashed down too far, but it just seems that oil is still in a very bad place and doesn't lend to such a run on these majors, especially with the CAPEX cuts being announced.MOCO9 said:Would love some more insight on this. I bought RDS b at an average of around $21. Up about 50% since then. I'm long on it but could also take a good profit now...gougler08 said:O&G seems like a big trap, no way the majors should be up like thisBREwmaster said:HP thinks we could rally this week, but bull trap (constructed by bears) in process. My bet is Thursday Friday they dump.jj9000 said:
Who around here is of the opinion that we see a power hour selloff?
Also, an interesting snapshot. Oil is ~$23, and XOM is up ~10%, CVX up ~18%.
Interesting times indeed.
As someone who works for RDS and has quite a bit of stock at much higher prices than this, I sure hope it's sustained but I wouldn't be surprised to be back in the high 20's by end of week
Thanks!gougler08 said:Crude is only up $3-4 off bottoms (15% or so) and yet RDS/XOM/CVX are all running up 30-40% over the past week. I'm sure of this is that it flashed down too far, but it just seems that oil is still in a very bad place and doesn't lend to such a run on these majors, especially with the CAPEX cuts being announced.MOCO9 said:Would love some more insight on this. I bought RDS b at an average of around $21. Up about 50% since then. I'm long on it but could also take a good profit now...gougler08 said:O&G seems like a big trap, no way the majors should be up like thisBREwmaster said:HP thinks we could rally this week, but bull trap (constructed by bears) in process. My bet is Thursday Friday they dump.jj9000 said:
Who around here is of the opinion that we see a power hour selloff?
Also, an interesting snapshot. Oil is ~$23, and XOM is up ~10%, CVX up ~18%.
Interesting times indeed.
As someone who works for RDS and has quite a bit of stock at much higher prices than this, I sure hope it's sustained but I wouldn't be surprised to be back in the high 20's by end of week
Quote:
Quote:
Victory Is At Hand. Nancy Pelosi is surrendering and the Senate bill does not include her 13 point spending wish-list. Both sides say a deal is imminent.
The Senate vote is expected on Tuesday night, and the House will approve it by voice vote. What it includes and omits.
President Trump "Congress must approve the deal, without all of the nonsense, today.
"The longer it takes, the harder it will be to start up our economy. Our workers will be hurt!"
At noon on Tuesday, both the Republican and Democratic leadership said they were very close to a deal on the $1.8 trillion coronavirus economic package.
White House Press Secretary Stephanie Grisham said "President Trump told Congress to send him a bill that protects our economy, your job, your retirement savings, and your family's future from this global pandemic."
She said Speaker Pelosi wanted to put "a liberal donors' wish-list before helping the American people.
"None of the things Pelosi was requesting were about rescuing our country and economy. They are about trying to rescue one thing: a failed partisan agenda."
The Senate bill will not include the following Pelosi provisions:
* 1) Restrictions on the Border Patrol and ICE
* 2) Work permits for illegal immigrants
* 3) Airline carbon emissions offsets
* 4) Corporate diversity requirements
* 5) Collective bargaining for Federal workers
* 6) No mention of eliminating voter ID requirements or 'ballot harvesting' provisions
* 7) An additional $25 million for Congressional "salaries and expenses"
* 8) Expanded wind and solar credits
* 9) Bailout of the Postal Service debt
* 10) Green New Deal climate change regulations
* 11) Aid to community newspapers
* 12) $35 million for the JFK Performing Arts Center
* 13) $300 million for Public Broadcasting Corp
The Senate bill will allow the Treasury Department to extend $500 billion in loans and loan guarantees to try to blunt the virus's economic impact.
The major "concession" Democrats received is something President Trump believes is a good idea.
Republicans agreed to allow enhanced scrutiny over the loan program and it will include an Inspector General, an oversight board as well as Congressional review.
Regarding the $500 billion in loans, $425 billion is supposed to go to businesses, cities and states.
Another $50 billion would go to passenger airlines, $8 billion more for cargo airlines, and an additional $17 billion would be directed for firms that are deemed important to national security.
Bull trap will run 10% is my guess, so we'll see 2600. Then the realities will set in, and back down.hedge_zer0 said:
Time to buy in ? We bottomed our ?
