Also watching this for reversal.
You don’t trade for money, you trade for freedom.
Triple_Bagger said:
Still confident we melt up to 4600? I'll let you out of the bet today for $50 if you want out. Offer ends today.
$AMC - no dog in the fight but no matter how you look at it all you got is share dilution, and no one seems to realize it.
— Freedom Costs More Than Being Concerned... (@oldarmy1) August 23, 2022
really hard to say. we have moved 200 points in 3 trading days. I think consolidation of some kind is required.Golf1 said:
Today seems like it's going to be a slow day or things are going to get ugly again and we see another big red candle for the day
I like this... are you mostly looking at it b/c it's oversold or seeing anything else?$30,000 Millionaire said:
Watching MARA for a bounce play.
I hesitated on a $145 share ownership somewhere around 30 days ago. If this one comes back to $150, I'm in. My stance is still that a market buying opp is on the way. So maybe October is the LNG play for me.BaylorSpineGuy said:
Look at LNG, Cheniere Energy. Big reversal candle/shooting star yesterday after a long advance. Bearish harami before that.
All the talk is that Europe is gonna freeze and natural gas prices have reached ATH. May not be a wise time to chase that trade. Looks like it may be reversing.
Farmer @ Johnsongrass, TX said:I hesitated on a $145 share ownership somewhere around 30 days ago. If this one comes back to $150, I'm in. My stance is still that a market buying opp is on the way. So maybe October is the LNG play for me.BaylorSpineGuy said:
Look at LNG, Cheniere Energy. Big reversal candle/shooting star yesterday after a long advance. Bearish harami before that.
All the talk is that Europe is gonna freeze and natural gas prices have reached ATH. May not be a wise time to chase that trade. Looks like it may be reversing.
https://www.reuters.com/business/energy/us-crude-spr-hits-lowest-level-since-january-1985-2022-08-22/
Radical libs can't drive this country fast enough.....into a brick wall.
"All the talk is that Europe is gonna freeze..." LOL! I wouldn't plan a winter vacation there, just sayin'..
$20 NatGas and $10 gasoline at the pump - give it to me.
It's gonna be a green day again in the oil patch. Gotta go bang on the drum all day. It's been a great year is all I can say and I'm still breathing to boot. GLTA & PTLA!
bottoming action.BREwmaster said:I like this... are you mostly looking at it b/c it's oversold or seeing anything else?$30,000 Millionaire said:
Watching MARA for a bounce play.
I still cant believe there hasnt been much talk about getting XOM back into the SP500. It seems pretty wild not having it in compared to the beating some names still on the listFarmer @ Johnsongrass, TX said:
If any of you followed me on the XOM Oct $105 Calls strategy from a few pages back, the low end of the range is executing. You might push you sell to +$3. This thing has a ways to go. XOM will rally as we head to Div payout.
Not gonna make any attempt to guess what commodity prices will be but domestic natural gas operators are about to show some monster numbers the next few quarters. They took big hits on hedge positions the last 2 quarters but those hedges are rolling off starting now and they are gonna make some serious cash on market gas prices and will be able to reload hedges at a much price now.BaylorSpineGuy said:Farmer @ Johnsongrass, TX said:I hesitated on a $145 share ownership somewhere around 30 days ago. If this one comes back to $150, I'm in. My stance is still that a market buying opp is on the way. So maybe October is the LNG play for me.BaylorSpineGuy said:
Look at LNG, Cheniere Energy. Big reversal candle/shooting star yesterday after a long advance. Bearish harami before that.
All the talk is that Europe is gonna freeze and natural gas prices have reached ATH. May not be a wise time to chase that trade. Looks like it may be reversing.
https://www.reuters.com/business/energy/us-crude-spr-hits-lowest-level-since-january-1985-2022-08-22/
Radical libs can't drive this country fast enough.....into a brick wall.
"All the talk is that Europe is gonna freeze..." LOL! I wouldn't plan a winter vacation there, just sayin'..
$20 NatGas and $10 gasoline at the pump - give it to me.
It's gonna be a green day again in the oil patch. Gotta go bang on the drum all day. It's been a great year is all I can say and I'm still breathing to boot. GLTA & PTLA!
You are definitely the expert on here as far as I see it on O&G. But I'm just not sure nat gas prices go to $20. Who will be able to afford that? If they are in severe recession (and they will be!), people won't be able to pay that much.
And if everyone freezes to death, they won't have anyone to sell gas to, right?
The bull case is $20, but the bear case is $3-4. Reality is likely in between.
But there is plenty of money to be made in the middle for sure.
XOM should be part of Dow 30 no doubt. But, XOM is not PC when Brandon says you make more money than God. Don't look for XOM to get the invited back. Those penny loafer wearing factions will be just fine keeping SalesForce in the mix while it sucks air since it took XOM's place. And of course, don't forget WB likely has a favored owed,...maybe they invite OXY to bring up the energy percentage in the total..cptthunder said:I still cant believe there hasnt been much talk about getting XOM back into the SP500. It seems pretty wild not having it in compared to the beating some names still on the listFarmer @ Johnsongrass, TX said:
If any of you followed me on the XOM Oct $105 Calls strategy from a few pages back, the low end of the range is executing. You might push you sell to +$3. This thing has a ways to go. XOM will rally as we head to Div payout.
Oh Aunt Vicky and Uncle Warren. What a truly dynamic duo......Farmer @ Johnsongrass, TX said:XOM should be part of Dow 30 no doubt. But, XOM is not PC when Brandon says you make more money than God. Don't look for XOM to get the invited back. Those penny loafer wearing factions will be just fine keeping SalesForce in the mix while it sucks air since it took XOM's place. And of course, don't forget WB likely has a favored owed,...maybe they invite OXY to bring up the energy percentage in the total..cptthunder said:I still cant believe there hasnt been much talk about getting XOM back into the SP500. It seems pretty wild not having it in compared to the beating some names still on the listFarmer @ Johnsongrass, TX said:
If any of you followed me on the XOM Oct $105 Calls strategy from a few pages back, the low end of the range is executing. You might push you sell to +$3. This thing has a ways to go. XOM will rally as we head to Div payout.