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25,093,675 Views | 233835 Replies | Last: 3 hrs ago by Heineken-Ashi
lobwedgephil
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Gabster43213 said:

Market is suppose to crash on Friday.
Man, they weren't supposed to tell anyone.
Farmer @ Johnsongrass, TX
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Towns03 said:

Farmer @ Johnsongrass, TX said:

Good morning. North side of Omaha NE.

EIA says 12.5 million barrel DRAW on crude alone.

Wowzer!

Saudi will cut in first week of June with announcement. They have been truthful going on 2 years. Saudi said yesterday not to be short crude.

Me likey!
What oil stocks do you buy into besides XOM?

Is Permian Resources a good way to take advantage of oil price?


I own XOM and PXD. I sold CVX and posted here the day XOM:CVX spread broke $50.

XOM within the energy sector is about as diverse as one can get. It's in all segments of energy....kinda like owning SPY for diversity in the overall market.

From Sioux Falls, SD to Cape Girardeau, MO, the highways were packed. Gas stations along the way stating the holiday has begun. API and EIA numbers next week will show draws. Many times the draws surface BEFORE the holiday because logistics to keep all service station tanks full prior to the holiday keeps the country running through the holiday. With that being said.....dont care.....we'll get draws reported next week.

From KC to St Louis on I-70, posted speed is 70mph. If you were doing 80mph you better be in the righthand lane. It was normal bumper to bumper. I'm sure I-35 and I-45 will be the same.

BTW, I shot the bird at the Recession,....wont be no recession.
Farmer @ Johnsongrass, TX
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Just keep looking upward, you'll find it.
ProgN
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Farmer @ Johnsongrass, TX said:

Towns03 said:

Farmer @ Johnsongrass, TX said:

Good morning. North side of Omaha NE.

EIA says 12.5 million barrel DRAW on crude alone.

Wowzer!

Saudi will cut in first week of June with announcement. They have been truthful going on 2 years. Saudi said yesterday not to be short crude.

Me likey!
What oil stocks do you buy into besides XOM?

Is Permian Resources a good way to take advantage of oil price?


I own XOM and PXD. I sold CVX and posted here the day XOM:CVX spread broke $50.

XOM within the energy sector is about as diverse as one can get. It's in all segments of energy....kinda like owning SPY for diversity in the overall market.

From Sioux Falls, SD to Cape Girardeau, MO, the highways were packed. Gas stations along the way stating the holiday has begun. API and EIA numbers next week will show draws. Many times the draws surface BEFORE the holiday because logistics to keep all service station tanks full prior to the holiday keeps the country running through the holiday. With that being said.....dont care.....we'll get draws reported next week.

From KC to St Louis on I-70, posted speed is 70mph. If you were doing 80mph you better be in the righthand lane. It was normal bumper to bumper. I'm sure I-35 and I-45 will be the same.

BTW, I shot the bird at the Recession,....wont be no recession.


I pictured you as Doc Holiday from this scene when I read your post, no lie.
agdaddy04
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AG
ToddyHill said:

There are two stocks which I've bought and held for years...AAPL and NVDA. I would encourage anyone who is holding NVDA to hold it for the next 5-10 years. This thing is a monster. All in my opinion.

Would you recommend selling on this spike for a potential pull back based on profit taking or just hold indefinitely?
Farmer @ Johnsongrass, TX
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I'm laughing man! That gif was good! I'll be sending you some pics brother. Gimme a few days. We ain't there yet.

Bourbon Paging - Whoever it was that said Old Forester 1910 was their go-to.....you got a hat tip from me. That is a really nice drink. Thank you for sharing!
YaketyYak
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There is an AI bubble for sure, but I think some people are seriously underestimating where NVDA fits into this. They have zero competition at the moment. They are the only ones selling pickaxes in the AI goldrush.
There is a reason MSFT, GOOGL, META, OpenAI, Twitter, and anyone else training these models are buying their A100 and H100 GPUs by the tens of thousands.

Just my 2 cents, I am long NVDA and writing calls on a portion of my AMD position tomorrow if they hold their bump from the NVDA earnings.
Take out the papers and the trash, or you don't get no spendin' cash
ToddyHill
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AG
I'm terrible at trying to predict the future of a stock. I'm holding and thinking of adding to my position.
DeangeloVickers
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AG
All you need to know on NVDA

Brewmaster
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AG
AI is just the last big pop for this mega cap run. P/E's have gone full stupid - NVDA will have a P/E of 200:1 or better at the open today. I don't care if they cured covid, that's insane. and in a follow up tweet, OA said: "rare NVDA put leap opportunity".

Chef Elko
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AG
ProgN said:

I first heard about $SMCI last October and started following it. I knew nothing about them but their chart looked great, It was in the $60-65 range. I watched and waited for it to cool off a little bit, but just looked at it AH and WOW.




Applicable gif when you choose AMD over NVDA so you can have the ability to sell covered calls :/

Didn't even know SMCI existed until inspectors found Chinese bugs in their servers sent to Apple and Amazon. I bought after they took a massive haircut thinking no way a Taiwanese company is actively bugging their servers for China, they hate each other. I learned a good lesson on irrational markets and how massively oversold companies can be a great pickup in the right situation. I know, cool starry bra.

Talon2DSO
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AG
AMD opened crazy high. I'm tempted to get the Jun 2 108p
confucius_ag
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AG
picked up some XOM 6/30 110C @ $1.80
SF2004
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I'm usually one to laugh off a pop like NVDA to absurd valuations but I just don't know.

They are a dang good company and beat AMD and INTC across the board. They have zero competition in several spaces right now.

The only thing that AMD beats them at is price/performance ration in the retail processor and GPU space. That is tarnish a little by their poor driver support though.

If you have a good cost basis on NVDA might sell covered calls on half... or hell just sell half and look for a re-entry as their will be some pull back.
FTAG 2000
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Was waiting for an opportunity on NVDA and SMCI.

Looks like I'll be waiting longer.

Sheesh.
$30,000 Millionaire
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AG
i've done nothing today.
$30,000 Millionaire
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AG
fed spew and the market has gotten really slow early in the day.
GreasenUSA
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AG
Grabbed NVDA as it reclaimed 370 after the dip into the 360s. Went 1/10th size and down to 40% left. Targets and stops are in. Now it's Aggie baseball time.
Brian Earl Spilner
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Have a buy on NVDA at $350 that I doubt will execute anytime soon, but just in case.

I did jump into SOXL in AH last night and so far, glad I did. Got in at 17.38 and it looks damn unstoppable now.

Also made the grave mistake of selling GOOGL back when it hit $100, but said screw it and jumped back in at $123.50. It was a personal rule of mine to never sell it, should've stuck with my guns like I've done with AAPL.
Triple_Bagger
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Careful with longs from here. NVDA pumped a lot of hopium into the markets while we're in another debt limit crisis. Hedge your bets.
Ag92NGranbury
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AG
are there any funds that only short companies that go too far out on the dei/esg branch?

bud light...northface... target

seems like some missed opportunity
Charismatic Megafauna
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AG
What did northface do? (Besides being hypocrites who refuse to monogram their stuff for oil companies)
$30,000 Millionaire
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Did okay with some Netflix calls and SPX. Up about 1% this week and all things considered I think that's a win.
Charismatic Megafauna
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AG
Nice little day for me too! Built xsp 414/415 spreads early then wussed out of turning them into flys, the one time it would have worked out...
Guessing tomorrow is going to be a sleeper?
ProgN
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Charismatic Megafauna said:

What did northface do? (Besides being hypocrites who refuse to monogram their stuff for oil companies)
North Face faces boycott for 'summer of Pride' drag queen ad campaign | Daily Mail Online

Quote:

The company's Summer of Pride ad was released yesterday on its Instagram page and has already drawn ire from conservative consumers.

The commercial features drag queen 'Pattie Gonia' telling consumers to 'come out... in nature with us!' and declaring themselves a 'real life homosexual!'
cryption
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I've never understood why a business takes a political stance. The only stance should be "I like making money"
Brewmaster
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AG
yikes, I think I'd look better in that outfit, LOL. that's one ugly ass mofo

FTAG 2000
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AG
cryption said:

I've never understood why a business takes a political stance. The only stance should be "I like making money"
Because when you are largely institutionally owned (Vanguard,Blackrock,Smith Street), and they tell you to do xyz to raise your ESG ratings, you do it.

F your customers.
$30,000 Millionaire
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AG
tomorrow should be a snoozer given the holiday.

If you're going to trade, I'd be out by 11 central at the latest. I would expect chop like action
Definitely Not A Cop
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cryption said:

I've never understood why a business takes a political stance. The only stance should be "I like making money"




Looking at VFC, their stock price has been having issues for a while though. I'm sure that didn't help. Weren't they the ones who were ****ting on oil companies when all of their products are petroleum based?
BaylorSpineGuy
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Ag92NGranbury said:

are there any funds that only short companies that go too far out on the dei/esg branch?

bud light...northface... target

seems like some missed opportunity


WOKE? :-)
Charismatic Megafauna
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AG
cryption said:

I've never understood why a business takes a political stance. The only stance should be "I like making money"

Public companies i agree, but there are tons of privately held companies out there that have profit as a secondary or tertiary goal. Read "let my people go surfing" for a good book about patagonia as an example
Charismatic Megafauna
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AG
That's some campaign!
Triple_Bagger
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Brewmaster said:

yikes, I think I'd look better in that outfit, LOL. that's one ugly ass mofo


Prove it
BaylorSpineGuy
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Couple stocks to watch and coming into major support here are CZR and TGT. I'm worried TGT is gonna dump but looks like it put in a red hammer today. Maybe a right shoulder to form?

CZR is coming into major support around $40. If this doesn't hold, it should go back to test lows from the fall around $33 range.
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