Rejected off 21.3 again
Danwell Home said:What's the story here? I don't see muchTowns03 said:
ATLX nose dive
FJ43 said:
Ok degenerates……what's the lotto play for tomorrow?
fightintxag13 said:
There was a question asked here a few days ago that I never saw an answer for...
What's the difference between brokered CD's through your trading platform and CD's through a bank?
Brokered CDs are where an FA can shop for the best rates. There's usually a brokerage fee (it's small) but the FA can put it with any bank that's offering. It allows you to get the best CD rate out there instead of shopping bank to bank yourself.fightintxag13 said:
There was a question asked here a few days ago that I never saw an answer for...
What's the difference between brokered CD's through your trading platform and CD's through a bank?
I'm selling May 19 $7.50 puts for $0.24/contractBocephus said:
Buying $SNAP at 7.91
$RBLX at 33.88
Why would you buy a CD when you can buy treasuries like this:fightintxag13 said:
There was a question asked here a few days ago that I never saw an answer for...
What's the difference between brokered CD's through your trading platform and CD's through a bank?
irish pete ag06 said:Brokered CDs are where an FA can shop for the best rates. There's usually a brokerage fee (it's small) but the FA can put it with any bank that's offering. It allows you to get the best CD rate out there instead of shopping bank to bank yourself.fightintxag13 said:
There was a question asked here a few days ago that I never saw an answer for...
What's the difference between brokered CD's through your trading platform and CD's through a bank?
ProgN said:Why would you buy a CD when you can buy treasuries like this:fightintxag13 said:
There was a question asked here a few days ago that I never saw an answer for...
What's the difference between brokered CD's through your trading platform and CD's through a bank?
6 mo 4.97%
1 yr 4.60%
2 yr 3.70%
You could ladder those for a good chunk of money at much lower fees. JMO
Well, my friend, crude dropped into the 60's this week. Refiners will benefit if it dips some more, but I'm still not a buyer yet. April is a flux time of year for them, I think, and May-July should obviously be much better. Upstream will suffer a bit, depending on their nat gas and NGL ratios and their prices.Farmer @ Johnsongrass, TX said:Bullish or Bearish, I don't care. Jotato is allowing me bank. However, it all changes when an Administration (R/D/L) is hurting us with policies that are insanity. I do not like what is taking place in this country regardless of my account balance. Making money while some jackwagon is burning the house that allows me to make this money is not good.Boy Named Sue said:I think the answer is it's all contrived. MMs control 80% and they know this administration hates fossil fuels. VLO's P/E and forecast indicate it's a really good buy right now. But perception of the hedge funds means more than fundamentalsFarmer @ Johnsongrass, TX said:Seasonality, VLO performs in the summer months, so if you have a negative and want to wait it out, seasonality is on yur side.Boy Named Sue said:Why the heck is the stock down today?Farmer @ Johnsongrass, TX said:
VLO posted a monster beat. The crack spreads were telling us they would. The share price performance was telling the opposite. I guess XOM isn't the only O&G stock with a target on it's back by this Administration and their buddies. Go VLO!
VLO Friday $117 calls are .95. May take the plunge there
As for the reaction today, don't know. As I said yesterday, this is weird for VLO or a major refiner. This stock should be rocketing. Crack spreads couldn't be better and they'll improve from here. ..... What's up is down and what's down is ....
I have no answers.
Bottom line, I'm not playing options on any refiners until we have a new administration, or crude looks like it'll drop into the $60's
"IF" we get a new party in the Whitehouse and it happens to be an "R", you'll want to short O&G.
Crude in the $60's,...I'm thinking maybe 2025. Demand is up. O&G Cap investment for last 3 years was not enough to keep up with basic demand. Not sure how people/goods/services are going to get from Point A to Point B without fossil fuel. The drama about a recession dropping oil prices,....okay,...we'll see..
Boy Named Sue said:
May be a learning opportunity here with the KVUE IPO. Anybody have thoughts on playing IPOs in general, or that one specifically?
That's a tough one.Boy Named Sue said:
May be a learning opportunity here with the KVUE IPO. Anybody have thoughts on playing IPOs in general, or that one specifically?
Yeah your answer is much more sophisticated than mine. I didn't explain that very well.cgh1999 said:irish pete ag06 said:Brokered CDs are where an FA can shop for the best rates. There's usually a brokerage fee (it's small) but the FA can put it with any bank that's offering. It allows you to get the best CD rate out there instead of shopping bank to bank yourself.fightintxag13 said:
There was a question asked here a few days ago that I never saw an answer for...
What's the difference between brokered CD's through your trading platform and CD's through a bank?
Close -
Brokered CDs are sent to broker dealers from Banks looking to raise capital outside of their market areas. The brokers have access to dozens of names with varying lengths of time and rates.
Yeah, dadgum, it hit $60's well before my target. Jotato is one smart cat. Not. The info articles below are good reads if you're not on top of the current fundamentals. Both are worth your time. I guess prices will finally go up when the bottom of the barrel can be seen. .... That pesky recession has got to be hiding around here somewhere.Boy Named Sue said:Well, my friend, crude dropped into the 60's this week. Refiners will benefit if it dips some more, but I'm still not a buyer yet. April is a flux time of year for them, I think, and May-July should obviously be much better. Upstream will suffer a bit, depending on their nat gas and NGL ratios and their prices.Farmer @ Johnsongrass, TX said:Bullish or Bearish, I don't care. Jotato is allowing me bank. However, it all changes when an Administration (R/D/L) is hurting us with policies that are insanity. I do not like what is taking place in this country regardless of my account balance. Making money while some jackwagon is burning the house that allows me to make this money is not good.Boy Named Sue said:I think the answer is it's all contrived. MMs control 80% and they know this administration hates fossil fuels. VLO's P/E and forecast indicate it's a really good buy right now. But perception of the hedge funds means more than fundamentalsFarmer @ Johnsongrass, TX said:Seasonality, VLO performs in the summer months, so if you have a negative and want to wait it out, seasonality is on yur side.Boy Named Sue said:Why the heck is the stock down today?Farmer @ Johnsongrass, TX said:
VLO posted a monster beat. The crack spreads were telling us they would. The share price performance was telling the opposite. I guess XOM isn't the only O&G stock with a target on it's back by this Administration and their buddies. Go VLO!
VLO Friday $117 calls are .95. May take the plunge there
As for the reaction today, don't know. As I said yesterday, this is weird for VLO or a major refiner. This stock should be rocketing. Crack spreads couldn't be better and they'll improve from here. ..... What's up is down and what's down is ....
I have no answers.
Bottom line, I'm not playing options on any refiners until we have a new administration, or crude looks like it'll drop into the $60's
"IF" we get a new party in the Whitehouse and it happens to be an "R", you'll want to short O&G.
Crude in the $60's,...I'm thinking maybe 2025. Demand is up. O&G Cap investment for last 3 years was not enough to keep up with basic demand. Not sure how people/goods/services are going to get from Point A to Point B without fossil fuel. The drama about a recession dropping oil prices,....okay,...we'll see..
Crude could easily climb out soon, of course. I suspect it will be above $70 soon, maybe even tomorrow
If these analysts are correct...remind me again....just how much crude oil was released from the SPR in 2022? (That's a rhetorical question, I know the answer and everyone should too.) .... The Administration,...but, but, but,....we have so much crude that we have to release more.Quote:
But StanChart has predicted that the OPEC+ cuts will eventually eliminate the surplus that had built up in the global oil markets. According to the analysts, a large oil surplus started building in late 2022 and spilled over into the first quarter of the current year. The analysts estimate that current oil inventories are 200 million barrels higher than at the start of 2022 and a good 268 million barrels higher than the June 2022 minimum.
Good point and good idea too.Boy Named Sue said:
And J&J owns 90% of the stock. Hard to see it being very volatile. Might be a candidate for the IRA?