/biz/ - Business & Finance

first for niggers

BOBO ARE YOU OK, ARE YOU OK, ARE YOU OK BOBO?

fuck tripfags

S&P bart incoming.

Guys, please, can you pump NIO and MGI (Moneygram) for me?
I need to get to 4,6 and 2,7 dollars respectively to get break even so I can get out of those stocks.
Please, I got 1k dollars in each and it is like 30% of my portfolio.

Please

the bears are dying

lol where’s the guy who was bragging about going all in on spxs at 12.80 yesterday

>disgusting 3D
you will pay dearly for this

Will BA ever be under 100 again?

>200 week moving average

>crude falling to new lows
>oil stocks still rising

>>18571373
took my biomeme profit to invest in bitcoin once it crashes before the halvening

>>18571401
Ah, I see you are a man of culture as well

Buy REFR

Meme stock PE ratio is over 1700, what do?

>>18571373
The stonks are completely detached from reality

>>18571415
This shit makes no sense. Fuck you Jerome.

Is FOREX scalping viable? I am done with this shit.

>3dpd
bearish

>>18571397
NIO's gone up so much more than I thought today
Lets pray it keeps the trend and we sell on friday

>>18571435
hey, buddy, fuck you

>>18571415
well yeah... like if flour prices go down don't you think a pizza shop has higher profits?

>>18571401
>t.

>>18571432
I guess the only reason oil is green today is because investors are anticipating Trump slapping tariffs on foreign oil.

>>18571435

it makes perfect sense. oil is so fucked that the government will have no choice but to step in

>>18571447
Modern monetary theory is a joke. Maybe I want a deflationary death spiral so I can afford a fucking house?

tfw the airline industry is owned by the govt now

>>18571416
BTC will crash before AND after the halving
will never return to highs as all the miners an hero and the network dies off

>>18571446
I understand refineries and pipelines doing well, buy how is an oilfield service company like HAL doing good in all this?

I dont even want to be super rich you know?
I just want to not work.
I just want to live my life chilling in some cheap rural area in a fly over state.
Want to have a calm relaxing and meager life.
But for that I need money, I need to have 2 million dollars, and I have to participate in this Jewish market that i hate so much.

>>18571454
Tariffs dont magically increase demand

How does the stock market make sense? Does the FED own all stocks now?

>>18571458
That could still wipe out shareholders. Why does everyone seem to think bailout = their bags will pump?

>>18571463
>what is difficulty adjustment
Jesus Christ, it's 2020 not 2013. Why do some people still don't understand how mining works?

>>18571415
it's because the deluded fucks that constitute our investor class think it's bullish because the price is so bad big daddy fed will have to bail them out.
I'm not even kidding, bullfags are a fucking cult at this point

>>18571415
I am increasingly convinced this is because they expect bailouts fast.

Come on oilchads! Teach me your ways! I am buying today, time to start making money instead of losing my ass off shorting this retarded market.

>>18571468
But they will fix supply. Demand will just have to work itself out once the Chinese virus is controlled here in the US.

>>18571460
no one cares about what you want

VIX on the launch pad

>wait for price to get to a nice solid clear pivot point or support/resistance
>place a stop to enter the trade about 3 cents behind it
>if it breaks you enter the trade just after a new low/high is formed and it will probably keep going that way on volume
>if it can't break through you don't enter the trade in the first place and can look for confirmation of a reversal, probably placing an opposite stop above the candle that bounce off that level
>if you get into the trade, the stop goes 2-3 cents behind the candle that you entered on.

it's so easy. already made 2% today doing this.

Oil 10.01

Here we go anons

>>18571461
Airlines were already so heavily regulated and government secured that they kinda already did in all but name.

>>18571466
Based, I'm almost the same. I'm gonna retire when I'm 40 and shitpost and get high while watching it all collapse.

>>18571466
Get fucked you subhuman leech. The purpose of life is not meant to be for spending time relaxing

>>18571452
>on a pakistani weaving blog

$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI
$10 WTI
>$10 WTI

>>18571373
The secret /biz/ discord link is discord gg sXDAKd2
Get in here before we close the invites
We have a interview set up with the infamous Sergey Nazarov (chainlink founder) tomorrow
nddj

>>18571418
>t.

>>18571488
Stock up on diesel. Start your engines.

https://www.youtube.com/watch?v=MkWDKJjhbvw

>>18571482
Invent a time machine and go back to last week and buy some PAA

>>18571401
As much as I love huge fat tits, I have taken the no fap pledge, starting yesterday.

Even though I FUCKING LOVE FAT TITS I cannot morally agree with pornography

>>18571472
The FED doesn't buy stocks. The FED loans money to other private banks, those banks buy stocks.

>>18571458
Perverse incentives :O
>>18571472
They're not technically buying equities yet thank god

>>18571438
>>18571438
>>18571438
>>18571438
>>18571438
ANSWER MEEE

To the anons holding DOC what is your exit number?

>>18571472
>>18571511
Governments are also buying corporate bonds and lending directly to corporations.

>>18571373
NYC is unironically based but your education/skill level is too low to get the good life here.
t. Guy with top 10 MBA and years of private equity experience.

>>18571488
The real price of oil right now is probably negative considering there is literally no where to store it all. All the people pumping probably are hedged at $50 or so

>>18571399
I really am dying. its all so tiresome

>>18571415
i bought SCO and the turnaround began immediately
sorry guys

>>18571515
>>18571438
yeah.

>>18571518
why are stocks go up wise uncle at nintendo?

If crude goes below 10 I'm going on a rampage

>>18571504
keep spamming this and I'll go spam CP on your server and get it taken down

>>18571515
If you are careful and know what you are doing, yes you can make some decent money playing fx.

>>18571517
Agreed. Just not the Federal Reserve, it's not actually allowed for them to buy equities directly.

My portfolio is 75% oil.

>>18571497
>subhuman
pure Anglo

>Leech
Guarantee my job has produced more for society than yours

Alright guys, I'm in.
Looking at the end of the year and beyond.

>>18564391
W-where this image from o_o
Very nice looking torture device

Daily reminder, PPL has storage facilities. They're going to be paid premium to store all the worthless oil.

>>18571530
>the moving averages turn up
>the volume is supporting the move
>you stay short

why? it's unironically your own damn fault, the information is available to you and you didn't learn how to use it. you deserve to lose everything, bobo.

That pump at 10.01 oil

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>18571538
lets see it big boy

So do I
>Call the top now and short
>join the bulls in the autism rally
>kms because of constant FOMO
idk

>12.08 average price on SPXS but 100% ALL IN

The clock is ticking before I make a shitload or lose a shitload.

YES!

>>18571511
Are you really that ignorant? FED buys straight up junk ETFs

>>18571549
Hello Muhammad.

>>18571538
can you do it around wherever pelosi lives? make yourself useful to the world at least? thanks crazy oil fren.

WE DID IT AGAIN BROS

>>18571536
Good time to buy in for a lot of institutional investors. Firms are bargain hunting right now for the best/cheap deals.

haha green lines go up

thanks jerome u are greatest ally

>september 2020
>my SPY 200 puts are near expiration
>oil is -14 USD
>third corona wave killed millions
>SPY is 400

I'M GOING TO FUCKING KILL MYSELF

>>18571582
I really want to sell my SPXS...I can't hold it anymore

>>18571577
>>18571538

>>18571579
patience is a virtue. uncle buffets advice is to wait for a perfect pitch because there is no time limit to when you can or cannot swing

>>18571585
>>18571538
uh oh...

>>18570571

holy fuccckkkkk oil $9 now

>>18571608
average price?

I'm lucky in that I bought UPRO at the bottom and sold in the low 20s because I thought the rally was getting overbought and slowly started to buy SPXS

But I didn't think the rally would last this fucking long.

>>18571603
>he actually bought some ZZZ

>>18571550
Jokes on you, I work for a corporate bank. It’s not in my best interest for my company to help anyone :)

>$8.83 oil
>HAL +2.7% :^)

>>18571629
13.8
these bags are so heavy

>>18571627
8's!!

>oil dripped to fucking EIGHT
>stonks still going up

Fuck this market. Can we sue the Fed?

BAHAHAAH 8 DOLLAR OIL WHAT THE FUCK

>>18571542
fuck off pedo, literally admitting you have CP saved

GUYS WHEN SHOULD I BUY OIL?I AM IN IT FOR LONG TERM.

>>18571616
Thx senpai

>>18571594
No. The FED is only allowed to buy US Treasuries and Bonds.

AAAAAAAAAAAAAAAND DOWN AGAIN

GOD BLESS AMERICA!!!!

>>18571627
Where are you seeing this. Still looks like over $10

what the absolute fuck is happening

I’m Gonna fucking......PPPPOOOOOMMMMPPPPPP

>>18571579
I joined the bulls, I am so stressed and tired from losing money. I am a new investor and an idiot who doesn't realize momentum can be this stupid. Just capitulate, if it goes down you can always just wait it out for it to go back up.

But wtf do i buy. I am all-inning energy now, I still am unsure because there is SO MANY STOCKS. I want a mix of good strong ones and absolute shit that should die but probably won't.

honk honk

MY PORTFOLIO IS CRASHERINO

>>18571644
With the decay, another pop in SPXS, in my guestimate, would give us $16-$20

If you can average down, do it, but you're dangerously high.

>>18571663
now
The US is either going to implement tariffs on oil or launch a massive stimulus package at them

Anyone buying CARR?

Took both the miner pill and floating storage pill bigly this morning.

I SHALL BATHE IN OIL
I SHALL DRINK OIL
I SHALL BREATHE OIL
EVERYTHING FOR OIL AT THESE PRICES

OIL IS LITERALLY AT AN ALL TIME LOW
WHY AREN'T WE CRASHING

>>18571673
you're probably 10 minutes delayed, I'm following USOIL on tradingview, its at 8.85ish now, the doomp took like 30 seconds or less

This makes no fucking sense, why do I even bother studying the markets

buy SHOP now cunts, this meme stock has been climbing since 04/03. It is the Canadian Amazon

https://www.youtube.com/watch?v=2Vt4pLJNOcg

COMING TO A MIDWESTERN STATE NEAR YOU

What is stopping me from filling my apartment with barrels of oil at $10 each and then just keeping them here until they get back to like $40?

>>18571694
what is the ticker to buy? I am on degiro.

>>18571680
>Just capitulate
you merely adopted the red. I was born in it - molded by it.

How do I buy an actual barrel of crude? The food I just ordered costs more.

GO GO RTX
IF THEY CANT DO IT NO ONE CAN

I HAVE NEVER SEEN A MORE BULLISH MARKET IN MY ENTIRE FUCKING LIFE

LETS

FUCKING

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>18571703
forgot pic

>>18571484
And it wont for a while. Oils fucking dead mate. Tariffs aren't enough need complete bailouts

Link to live oil price?

Link to live oil price?

Link to live oil price?

>>18571708
nothing

>>18571632
Sleepy dividend stock is comfy and profitable

>>18571700
because oil already crashed two months ago

>>18571699
>>18571700
based oilbros.

>>18571585
Maybe I'll be able to get some ludicrously cheap shares of TRGP

>>18571734
https://www.tradingview.com/chart/qOyHUjhk/

When am I getting my barrels in the mail?

>>18571636
the irony of a banker calling someone else a leech

Who else bought oil today? Got XOM at 41.85, cant wait to become a millionaire in a year.

>>18571702
This is a new paradigm. Buy meme stocks since they have the highest return and only LONG.

For example...Beyond meat, Tesla and Zoom are some good starter stocks and very undervalued.

A good undervalued and kinda unknown stock would be Amazon, quiet a lot of room to growth.

Oil stonks go up
When WTI goes negative, i'm gonna enter buy sco puts as well

How do I short North Dakota?

>>18571689
Thanks for the input fellow SPXS bro. I hope it pops soon and we both make bank

>>18571734
$8,82 and dropping

>>18571708
do it, then take a pic and show us.

LOLI OIL

>>18571756
XOM was at $39 last week, why didn't you buy then?
XOM was $31 a month and a half ago

guys anyone more familluar with oil futures know why mine saying it 22.71?

am it because broker wont let me see the may contract?

>WTI just doubled in the space of a minute
Jay is on the job

>oil below 10 dollar
>stocks go up

SUB $5 OIL EOD HERE WE COME

>>18571731
damn MACD is nice for continuation trades, eh?

>>18571779
Neonate oil! Pre-conception oil! It's getting too lewd!

GME to 25

Oh man, really sad to hear about those Venezuelan terrorists that bombed the Saudi Oil fields. I'm glad America is stepping in to fix the issue.

OIL JUST MADE S&P DUMP .2%

HOWARD MARKS ON CNBC BROOKFIELD REPRESENT

>Leveraged Oil ETFs, GUSH & DRIP, At Risk Of Closing In Crude Oil Crash
>Leveraged Oil ETFs, GUSH & DRIP, At Risk Of Closing In Crude Oil Crash

HAHAHAHAHHAHAHHAHAHAHHAHAHAHHAHAHAHAHAHAHAHHAHAHHAHAHHAHAHAHAHHAHHHAHHHA
>GUSH NIGGERS
>DRIP NIGGERS
HAHAHAHHAHAHHAHHAHAHAHHAHAHHAAHAAHHAHAHHAHAHHA

>>18571461
At least the hairline industry is still growing.

Jesus economic demand was always a parasite on the market. We are free now bros
OIL WILL MARS

>>18571703
Too frothy.

HOW TO BUY OIL ON DEGIRO?????AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

We did it reddit!!

NEWFAGS GUIDE TO GOOD OIL STOCKS TO BUY:

FANG
OKE
XOM

ALL THREE ARE VERY GOOD CHOICES

>>18571816
>At least the hairline industry is still growing.

Should I unironically stockpile gasoline at this cheap price and not have to worry about large gas prices ever again?

>>18571812
lol

>>18571516
Was considering. 75 but will watch for additional positive news

I don't see this being a penny stock for long.

BA and GE are crabbing like a Louisiana man. Arrr

>>18571790
That's either the june or the continuous contract. You need to enter the specific symbol for the may contract.

If stocks price in the next 15 years of earnings, how do they behave if future hyperinflation is expected?

>>18571793
yeah >_>
me remember just year ago when Oil was leading market for S&P

it kinda reason why not trading much ATM, cannot understand anything if oil so out of correlation with everything

a year ago Oil being $10 would have crashed SPX into 1900

>>18571700
because this is the fed right now
might be the most insane dichotomy I've ever seen, oil down 45% and the fucking market is down only -1%

contract rollover

>>18571833
do you think there could be a reason people don't already do this

>>18571816
Booo. That was bad, and you should feel bad!

>>18571816

>Oil tanked of 90 cents in 1 minute

>>18571831
iktf

Ooooo Howard marks saying to switch back to defensive. Saying a return to ATHs is ludicrous.

>>18571833
Make sure you get winter blend, already has stabilizers in it.

>>18571749
>>18571779
What oil stocks do you own?

>>18571810
What he saying

Just rearranged my entire portfolio. Fuck this market volatility and uncertainty. Who the fuck knows what will happen. Trump could literally declare war on Chyna, oil could drop even lower, or a vaccine could be announced today. But to minimize risk, I went all in on NET and RTX. Simple as.

>>18571848
They go to the moon.

>>18571833
Yes

Just bought 250 Shares of USO at the nut bottom, waiting for that sweeeeet government intervention

>>18571861
No

>>18571518
>putrid air
>garbage food
>people packed in like rats
>extreme traffic
>shit weather
>disgusting urban jungle
>only place more expensive is san francisco
no thanks, I'll stick to the cali sunshine with my comfy tech job

Seriously the feds are so fucking retarded. Oil has fallen to record lows and they arent letting the S&P 500 fall below even 1%. Everyone sees how much of a fraudulent market this is now

>>18571797
yup my strategy is to look for the trend of the day, look for confirmation cross in 1 hour chart and sell on 5min chart. This helps me claw my way back to 22k before the crash

>>18571833
You know Gasoline expires, right? It doesn't sit very long.

Dude these candles on oil are incredible 8.10 now

> OIL BELLOW 9$
> OIL BELLOW 9$
> OIL BELLOW 9$


https://www.tradingview.com/symbols/USOIL/?exchange=TVC
https://www.tradingview.com/symbols/USOIL/?exchange=TVC
https://www.tradingview.com/symbols/USOIL/?exchange=TVC

SUB 8 HERE WE COME

>>18571887
>Nothing to see here

Here come the 7's!

I opened a short on oil an hour ago and I'm leveraged up to my eyeballs.

>>18571887
dance for us bobo! Seethe!

>>18571895
7.70 now!!!

this is so fucking bullish holy fuck

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

i swear to fucking christ if gme pumps more tomorrow im going chop my dick off. shouldnt have panic sold on friday afternoon. fuck me

SUB 8
WTF WTF WTF WTF

>>18571895
below 8

>>18571846
thank you

>>18571888
the only way to win is to not play

>>18571895
why is SCO not reflecting this?

When did Oil drop to 7.75? What did I miss?

Are we going to wake up one day and China or Japan will own all the stocks or something? This can't be the Fed.

>>18571921
we going sub 4 today

>In a strategic move to maximize pain for the US shale oil drillers, and wipe out as many as it can, Saudi Arabia has sent a flotilla of 20 tankers carrying a combined 40 million barrels of Saudi crude oil to the US Gulf Coast to flood the US market that is already flooded with oil. The tankers are carrying about seven times as much crude as the Gulf Coast took from Saudi Aribia per month in 2019, when there was still strong demand for crude oil in the US.
>These tankers with Saudi oil, which were loaded in March and early April, are plodding toward the US and are expected to arrive in Texas and Louisiana in May.
dare I say it? Based gulfniggers

>>18571887
low oil is good for business retard

$7
$7
$7
$7
>$7
$7
$7
$7
$7
$7

Trump literally has to intervene today. There is literally no other option. This is beyond fucked.

>>18571890
winter blend by itself generally stores for two years
add fuel stabilizer and it might make 3-4
or just buy diesel engines and run diesel, which stores for up to a decade

>>18571871
None. For now.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>18571888
checked trips, where are the TA haters now huh?

they told me 15$ was the bottom of oil they lied to me didn't they

>>18571942
What the fuck hahahahha so fucking based!! Arabs fucking american jews so hard.

>>18571853
So many people on twitty are mad about this kekkies. You still like IWM n smol caps as leading essnpee down?
>>18571871
only USO right nao, need to look into some stuff. Perhaps CVX?

OIL IS NEGATIVE
>OIL IS NEGATIVE
OIL IS NEGATIVE
>OIL IS NEGATIVE

EXXON JUST PAID ME A MILLION DOLLARS TO FILL UP MY CAR

>>18571943
kill yourself

They should just dump oil on water reservoirs so we can bathe on it

>>18571829
Can someone explain to a brainlet how buying XOM at its current price will pay off considerably later?

>>18571936
Couple minutes ago.

>>18571964
FIFTY PERCENT DOWN FROM "THE BOTTOM"

I bought oil at 20

>>18571931
no lad high risk high reward, even if I lose all my money I will come back for more. My goal is financial freedom from wageslaving.

holy fucking shit /smg/ during market hours is fucking awful. it's just a bunch of spam of whatever the current meme is (WTI oil now, apparently). it's like forsen-tier twitch chat for stocks.

>>18571911
I admit defeat BVLL. I never thought we lived in a chink tier market, but we do

brainlet here
why is this disconnected from what is happening with what you guys are talking about re: oil?
https://www.investing.com/commodities/crude-oil-streaming-chart

>>18571373
LINKIE HERE HOW MANY BARRELS OF OIL TO MAKE IT STOCK BROS

Guys I already have a bunch of HAL, XOM, RDSb , and WTI. What else should I buy that is oil?

LOWER THAN IN THE 80's

>>18571993
why? also where did you set your stop loss at?

>>18571993
I bought oil stocks at $30 and I'm still up 15% averaged across them all.

>>18572000
What do you want?

BREAKING "STOCK MARKET GENERAL" TALKS ABOUT STOCKS DURING MARKET HOURS.

Come to the weekend for stock picks and me shilling BAM

>>18572004
You could probably think of five other classes of business that are shut down completely yet have stocks that are going up. Diminished demand and revenue won't matter in the short term with jerome providing limitless liquidity

>>18572000
kys faggot

So are oil stocks even impacted by oil price at this point?

>>18571995
You will never be free from the grip of the bourgeois.

>>18572019
You fuckers told me it was going up you moron. Something about cutting production

>>18572018
TOWELHEADS ARE NOT FUCKING AROUND THIS TIME, I REPEAT ALOHA SNACKBARS ARE *NOT* FUCKING AROUND THIS TIME!

Oil falling 59% in a single trading session

>>18572004
n00bs cant into contract rollover. oil is down 9% not 50%

Tfw I bought an 10x oil short before weekend and I was excited to see my gains but I chose wrong cert and that fucking piece of shit was tied to ice brent futures, still trading at 26 usd.

>>18572018
convince me not to long oil starting tomorrow

reminder this is what the true value of oil has been all along. just propped up all this time.

>>18572034
I guess when everything's getting bailed out no.

>>18572010
MRO and KOS

>USOIL 7.8
Jesus

>>18572000
But forsen tier chat is based, atleast it was 3+ years ago...

>he took stock advice from a stranger on a chinese cartoon website

How would I actually buy or short oil? Are you guys buying/shorting oil ETFs or specific oil companies? Or is there some kind of "oil fund" you guys are buying or shorting? I'm not about to jump in myself, I'm just curious. Still learning and not touching this market with a 40 foot pole until I know what I'm doing.

>the more oil falls, the higher stocks go
Is this peak honk?

Post yfw we hit 6.99 in a few minutes

Never thought killing myself until now. I don’t want to go on bread lines bros

if oil really did represent our economic growth we should all be eating our mothers over an open fire right now

THE FUTURE IS ELECTRIC AND THORIUM
OILKEKS BTFO AHAHAHA

>>18572053
Yeah, I'm sure the majority of the cars, planes and ships not moving anywhere has nothing to do with it.
Retard.

At this point RTX is going up simply because an oil war is imminent

>>18572034
Not giving a fuck. Exxon is up 5% from friday morning

I just all-in'ed everything I have left into oil. Oil stocks not tanking as prices fall through the floor is unironically one of the most bullish things I have ever seen. Will I make it? I own basically all oil, RTX, and JCP.

Just picked up 180 shares of USO at 3.83. I'd be a fool to ignore an opportunity like this. Wish I could buy more.

>>18572034
Nah.

>>18572073
someone answer please

>>18572050
fucking insanity right now just don't know anymore

>>18572090
>mfw my oil pipeline stocks moved up 2% today
stupid anime poster

>"Surely oil stocks will crash now" says bear that has been watching stocks go up for no reason for a full month

This is such a big move in oil. This is going to close some hedge funds and be the day that some make it into the big leagues.

its a lot more fun to watch something crash when you dont own any

Good price to get into oil.

WHY ARE THINGS GOING UP?! OUR OIL GIANTS ARENT GOING TO SEE ANY FUCKING REVENUE YOU STUPID MOTHERFUCKERS STOP FUCKING BUYING AND LET THE MARKET CORRECT BEFORE YOU KILL US ALL YOU FUCKING DUMB SHITS

>>18571646
Yes, they’re a private corporation I don’t see why you wouldn’t be able to.

You’d be making an enemy of the government, the banks, and pretty much every business and citizen, and you’d be fighting the fed. But yeah you could try.

>>18572000
Never used twitch but yeah this is pretty much maximum cancer. Fucking pol fags want to talk about bernie and shill some Canadian shitstock.

>>18572112
Honestly, the market right now for pretty much everything is a flip of the coin.

If you want guaranteed returns a year or two from now with no risk, get Exxon or Chevron.

>>18572073
You can buy call or put options on WTI Crude, there's CFDs there's long/shorting actual oil companies, whatever you like mang.

>Go to the bathroom for some minutes
>Oil drops from 8.80$ to 7.80$ while I was away
shit I'm missing the best scenes.

>>18572133
based

>>18572145
What, $3 a barrel? Maybe.

>WHY ARE THINGS GOING UP?! OUR OIL GIANTS ARENT GOING TO SEE ANY FUCKING REVENUE YOU STUPID MOTHERFUCKERS STOP FUCKING BUYING AND LET THE MARKET CORRECT BEFORE YOU KILL US ALL YOU FUCKING DUMB SHITS

so what do i buy to get into oil?

>>18572133
nothings crashing though

>>18572103
>Unironically buying USO

have fun getting your gains cucked by contango. Compare USO to WTI during any oil recovery period

Fuck JNUG, go long on USO

>>18572010
FANG

USO, if I buy this will it moon this week?

I’m scared of this oil crash.

Are we about to go to war?

1) Catch next leg down off of SPXS
2) slowly start acquiring UPRO and US oil to go long

>>18572163
this but ironically
like WHY ARE prices going up with oil so down

it seriously question O_O

>>18572028
to be fair, off-hours and especially weekend /smg/ is the best. super comfy, pretty much just the non-memers show up to hang out and talk about stonks and current events, no OOO or AAA posting, slow enough to read and to think about discussions while drinking coffee.

market hours /smg/ is an absolute fucking shitshow though, as seen in this and previous threads today. it's just reactions, little to know actual discussion about anything. ITS GOING UP OOO IT'S GOING DOWN AAA that's all this is.

PUMP IT HARDER LET'S SEE GREEN

>>18572152
Shut the fuck up stupid nigger. Stupid NIGGER. Line moves UP

>>18571373
who dis

How low can you go, how low can you go

USO is garbage, put your money elsewhere you dumdums

>>18572192
Why the fuck would we go to war? All we're going to do is clear out a bunch of over-leveraged shale companies.

Can anyone explain what Crude oil prices are? I get WTI and Brent, what's Crude?

>>18572214
Shelly from Twin Peaks
Good show

Post yfw petrodollar goes bye bye

>>18572118
>for no reason

the reason is no one thinks the world is ending anymore you dumb cuck. now everyone is placing bets on who is going to not go bankrupt after this is all over in a year.

>>18572192
Probably

>>18572205
Mnuchin is such a Grade A+ sycophant, claiming it was HIS idea to put Dolan's name on the physical checks.
No one on the entire planet buys that for 1 second.

>>18572208
Should have edited out the 2s, or at least put a minus there

>>18572192
No but it will rape shale oil companies (rip my royalty checks)
and god help the petro nations like Iran, Russia, and Saudi Arabia. they are FUCKED if we stay this low

APT such an easy long today, profit after profit

An $8 dollar barrel of oil today would cost, corrected for inflation, $2.55 in 1980
Jesus

>me and some anon who's posting lolis have convinced all of /smg/ to buy oil

>>18572214
Imagine not having ever watched the greatest television series of all time.

Can't wait for the US shale bankruptcies. Mutts should only be buying top quality Saudi oil from now on.

>>18572226
Because the US wants oil to trade under the USD you dumdum.

>>18572243
But aren't they all selling Brent? Brent prices are high? I'm confused

>oil futures under $50/barrel through the end of 2023
This oil stock rebound has been nuts, these companies are going to be cutting dividends and getting hammered for years to come.

>>18572234
1st season is god tier, 2nd is terrible and shouldve never been made

>>18572201
It wasn’t always that bad, it’s just these summerfags.
Anon you’re giving (you)s to the shitposters and shills that are constantly forcing memes. Knock it off.

>>18572218
Like where?

>>18572273
1st is obviously better but 2 was enjoyable enough.

The new one they made was bad

>>18572214
I'll give you a hint- the owls are not what they seem

>>18572218
Like where? How the fuck do we buy into oil cheapies?

>>18572251
based

>>18572231
WTI is what crude is normally referring to.

>>18572290
based on what?

>>18572250
Imagine oiling down a clown

>>18572201
I missed movie night this weekend. What was it?

>>18572259
I swear to god petrodollar conspiracy-tards are worse than the Bilderberg Group conspiracy-tards

>>18572250
not me I'm not falling for your jewish tricks I only buy sleep country

>>18572234
Is it worth torrenting?
>>18572251
Nigger, I don't pay to watch talmudvision

>>18572291
So is it only US oil that's collapsing today? And why is there such a massive difference with Brent, it only lost like 5% today what's going on there

The price dump is bullish
Those nasty shale companies will go bankrupt sooner than expected so that my ROYAL DUTCH SHELL B(ASED) stocks can moon even before May

>>18571497
>The purpose of life is not meant to be for spending time relaxing
The eternal calvinist

>>18572308
>>18572308
>>18572308
>>18572308
new thread

>>18572316
Yes it's very good

>>18572299
boomers get out REEEE

>>18572231
>>18572291
WTI is a blend of crude that comes from West Texas and goes to Cushings, OK to get refined you dumdums, Brent is European.
Do your research or stay the fuck out of this market.

>>18572316
>>Nigger, I don't pay to watch talmudvision
David Lynch is a goy.

>>18571505
Does anyone here know where the "t." meme came from?

>>18572311
Saturday was a double feature of Claws of the Red Dragon (2019) and Rogue Trader (1999), both pretty bad movies unfortunate

>>18572362

Finland

>>18572362
finland

>>18572362
It's Finnish for regards.

>>18572329
>>18572337
Fine, downloading

>>18572362
Finnish meme
Means something like "says XY"

>>18571548
If the Fed is buying bonds, why is the bond market going down?

>>18572192
>RTX
i hope

>>18572378
Yeah but an ounce of truth in the gallons of slop Steve ban on put out.

Npr reported on Bloomberg killing stories to keel reporters in China and not underground basically.

>>18572199
the basedFED is inflating the problem away

>>18572378
Unfortunate. Looking forward to next weekend, though.

>>18571938
Swiss central bank already bought Amazon with printed money. The Swiss franc is backed by Amazon.

>>18571488
Those numbers, fucking checked.

SING IT WITH ME OILFAGS

BOMB BOMB BOMB

BOMB BOMB IRAN

BOMB BOMB BOMB

BOMB BOMB IRAN

>>18572648
BARBARA ANNNNNNNNNNNNN

>>18572648
Please BOMB iran!

>>18572648
Is that why my RTX is rising?

>>18572757
$1000 on RTX today!

>>18572648
BOMB BOMB BOMB BOMB BOMB IRAN

https://www.youtube.com/watch?v=vPRonG87eKw

>>18572783
Up 200 are we gonna make it bro?

>>18571942
Based for all non oil producing countries

>>18572101
Kinda true, but you gotta remember that bailouts do not necessarily mean the stock owners win. GM bailout resulted in stock value to zero.

>>18572243
Saudis can produce @ single digits and still make profits.

>>18573014
Depends Aramco itself can make single digits and still turn a profit. But the Saudi state relies on oil revenues for everything and they need oil to be at 40-60 bucks a barrel for their projects and "gibs"

>>18572384
>>18572381
>>18572380
Das right. Ylilauta

>>18572648
Hello McCain please kill yourself again

>>18572648
listen, we can bomb Iran, but can we at least do some regime change and recognize Juan Guaidó as the true president of venezuela first?

Can we get a two for one deal and take out cuba and Venezuela for Maduro.

>>18572047
Which position anon

>>18571373
who's she OP?

>>18572816
RTX will FLY HIGH!

>>18573171
McCain was from satan!