Good lord...Quote:
Originally Posted by El Chupacabra
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Good lord...Quote:
Originally Posted by El Chupacabra
idiots.Quote:
Originally Posted by mcsquared
all you have to do is look at historical charts, mkt generally takes off late oct or in nov for the seasonally strong period and that's exactly what they did after the mkts decided the world wasn't going to end under trump on nov. 8th.
Trends getting stretched pretty hard tonight. OPEC news.
Ripe for a reversal.
All that cash has to go somewhere. I think it's getting dusted off and put to work. In other tweets; Donald is at it again...
https://www.yahoo.com/news/m/0ff0ef6...-tweet%3A.html
Another day of pain for our friend B. Ackman.
I'm 15% BOND and 15% TAGAX as if today. Been adding those for a week. Sold all my emerging at a small loss.
Ackman reminds me of DF Wallace:
"Worship your intellect, being seen as smart - you will end up feeling stupid, a fraud, always on the verge of being found out."
And there we have it. Usd/eur under 105. Watch for Japan launching another round of QE shortly.
Nikkei higher tonight. Expiration will be interesting.
Treasury Bond futures are dead tonight after all that. Five tick range. I'm not sure what to make of it. Junk bonds continue to do well. Maybe the spread between junk and treasury is going to narrow.
Liquidity in treasury could become a big problem.
Tbills look like they're ditributing for a bear rally but they keep fading down.
fifyQuote:
Originally Posted by mcsquared
Go fuck yourself.Quote:
Originally Posted by Benny Profane
Looking to protect my parents from diesel fuel price increases. They are full time rvers and diesel is one of their biggest expenses.
Thinking about the etf UHN or something similar but not sure that is a good call given the inherent losses when prices stay flat. Vanguard energy fund? Something else?
Heating oil futures.Quote:
Originally Posted by neufox47
https://www.theice.com/products/201/Heating-Oil-Futures
1000 barrels is the minimum, no? Little more than I was planning on putting in their diesel fund.Quote:
Originally Posted by 4matic
Buy from the local oil guy early in the season at the flat rate. Where are they located?
Unless bromonatana wants to split a contract w you of course
Not heating oil, truck diesel. They have no base and travel the country living out of their RV. Current spend is about $1k a month on fuel. They could absorb diesel doubling but after that their fixed monthly income couldnt cover it and they would have to tap into savings. Looking to have a year or so of fuel cost invested in something that would mirror diesel prices. That way if they have to tap into their "diesel fund" it will be able to buy roughly the same number of gallons in the future as today.Quote:
Originally Posted by Brock Landers
http://www.cmegroup.com/trading/ener...fications.html
The emini heating oil contract is 21k gallons. About five years supply for your parents. I don't know how liquid the contract is but you could set aside the full value of the contract with the margin amount in a five year note. That would be the cheapest way to fix a price. $2k initial and $1k maintenance.
The only difference between heating oil and diesel is red dye.
Just make sure they don't have to take physical delivery, that could get weird fast.
Either buy contract for target date (paying premium to spot) or roll contracts per the schedule. Never hold contract through expiration.
Nikkei or Dow industrial. The race to 20k.
Wow. Goldman up 33% on the Trump bump. They're going to do some fine partying downtown this holiday season. All the best escorts are booked, I'll bet.
Merry merry! Lot of reading over the last few weeks, a lot of good material.
I like larger bios/pharma. What do you want to know about (bio specific?) or just in general
Anyone doing any marijuana stocks or other investing?