It is no surprise that tensions are escalating in Ukraine...Crude Oil had been struggling for the last four months, after the banks put a PT of $100 on it, then it just started hanging between $60 - $80. Let me guess where all that money is going after it leaves the market....it's not cryptocurrency's or precious metals or money heaven. That money is being priced into Crude Oil by the large institutions....and they will use this "war narrative" for higher gas prices in the future which will give a boost to inflation via energy. This will counter balance with the FED raising interest rates. The FED will give some kind of credibility but still get what they want.
Exit the narrow door. Capitulation now and after by retail investors. This is my best 5 trading day shorting tesla 83000$ profit. I am out to my next vacation
I think WTI will hit 100 usd and will overshoot. So I think we can ride Oil Stocks till WTI hits 100 usd. Maybe we will see WTI @ nearly 110 usd but than I think WTI will get hammered.
You do you Greg. Just because we listen to you and follow your blog does not mean we should hold you responsible for our accounts. I think a lot of people are frustrated because they started buying the dip early (myself included) and we just don't have pockets that are deep enough to continue to do so. But ultimately we are all responsible for our portfolios and we need to make decisions for ourself. This was a great learning experience (financially it sucked), and I am not as smart of a trader as I thought I was. I will be doing things differently in the future but again I would have not made any changes or learned anything had I not experienced this. Next time MMRI goes over 100 though, I am out before the loses occur lol.
Jesus said of the last days “You will hear of wars and rumors of wars but not let your hearts be troubled for all this must occur until the return of The Son of Man.”
I see a bottom soon. I WOULD NOT TOUCH THIS but I just got an alert to put VXX Jan 28, 2022 26.50 strike, as high as 3.60 Somebody is thinking something.
It is no surprise that tensions are escalating in Ukraine...Crude Oil had been struggling for the last four months, after the banks put a PT of $100 on it, then it just started hanging between $60 - $80. Let me guess where all that money is going after it leaves the market....it's not cryptocurrency's or precious metals or money heaven. That money is being priced into Crude Oil by the large institutions....and they will use this "war narrative" for higher gas prices in the future which will give a boost to inflation via energy. This will counter balance with the FED raising interest rates. The FED will give some kind of credibility but still get what they want.
Exit the narrow door. Capitulation now and after by retail investors. This is my best 5 trading day shorting tesla 83000$ profit. I am out to my next vacation
SILVER ALERT! US Government Cover-Up...2.75B Ounces of Physical Silver
https://www.youtube.com/watch?v=46rTmIY17lc
Wow cool 😎 thanks
From a Traders point of view not having shorted this market was a massive stupidity. Me, myself and I were to BLIND to see the obvious. Shame On Me!
...
For Investors it is time to think about if the Bull market may be over.
Greg was blind too like everyone else. But today is a great buying opportunity
Am long, but am not so sure yet.
Why? Because of China.
Would buy more oilsytovks today or wait
I think WTI will hit 100 usd and will overshoot. So I think we can ride Oil Stocks till WTI hits 100 usd. Maybe we will see WTI @ nearly 110 usd but than I think WTI will get hammered.
Thanks for your opinion
You do you Greg. Just because we listen to you and follow your blog does not mean we should hold you responsible for our accounts. I think a lot of people are frustrated because they started buying the dip early (myself included) and we just don't have pockets that are deep enough to continue to do so. But ultimately we are all responsible for our portfolios and we need to make decisions for ourself. This was a great learning experience (financially it sucked), and I am not as smart of a trader as I thought I was. I will be doing things differently in the future but again I would have not made any changes or learned anything had I not experienced this. Next time MMRI goes over 100 though, I am out before the loses occur lol.
I agree
Jesus said of the last days “You will hear of wars and rumors of wars but not let your hearts be troubled for all this must occur until the return of The Son of Man.”
UCO is starting to look pretty good, short term pop or a long term hold, hard to go wrong. BTW I think Wednesday is apt to be Biblical!
I nibbled jpm calls but remembered some advice from the great and put a put on also, sold put 150%+ this morning May add the the call.
I see a bottom soon. I WOULD NOT TOUCH THIS but I just got an alert to put VXX Jan 28, 2022 26.50 strike, as high as 3.60 Somebody is thinking something.
Greg would you buy more oil stocks. Thanks
DEUTSCHE BANK -6,26 %
American Vanguard -5,00 %
Blackrock -4,93 %
Bank of America -4,79 %
Citigroup -4,63 %
JPMorgan Chase -3,40 %
You guys are focusing on "look here don't look there" i.e. Russia on Ukraine. Check out China on Taiwan.
Will apple go straight to zero any day ?
Everybody knows FED will save the market at the FED meeting. hmmmm
Forced short of TQQQ again. Rebound did not take place after Monday morning massacre.
dropped like a rock suddenly. Nice
Greg, have you considered the rumors about BAC being caught in a silver short squeeze, and closing many branches?
Nibbling at QQQ while MSFT breaks 200 DMA,
Sounds about right.
I nibble till I ran out, what a shame! I wish I have more 😭 what a hot sales!