Stock Market update: Everybody panic! - Page 22

Onkel Neal · 03-01-21, 03:29 PM

Olin hit $33 last week. Even Exxon is showing signs of life.

Onkel Neal · 03-05-21, 04:14 PM

The Next U.S. Oil And Gas Boom Suddenly Looms On The Horizon

Quote:

U.S. benchmark crude futures topped $66 a barrel on Friday, while its global counterpart Brent neared the key $70 level. The producer alliance’s supply curbs and the rollout of Covid-19 vaccines have aided a stellar rebound for crude from the depths of the coronavirus-related fallout. OPEC+’s surprise decision on Thursday to keep output steady in April boosted prices further and led to strength in the market’s structure. Major banks upgraded price forecasts, with some calls for oil reaching north of $100 next year.

https://www.bloomberg.com/news/artic...powerful-rally

Yes! Let the good times roll.

Onkel Neal · 03-09-21, 09:59 AM

Ok, yesterday I put in a trailing stop sell at $1 for 20% of my OLN, current activation price $31.1.

Rockstar · 03-10-21, 09:26 AM

GE board announces support for a 1-8 reverse split.

Boeing has resumed deliveries of its 737 Max and is taking orders again.

Onkel Neal · 03-11-21, 10:16 AM

Is Buffett still a big GE holder?

Olin, will it hit $34 ?

https://finance.yahoo.com/quote/OLN?....tsrc=fin-srch

mapuc · 03-11-21, 11:20 AM

I do not follow this thread closely, I will apologize in advance if it has been discussed earlier in this thread.

Now and then I have heard in our economy news(when I see it) the sentence

The Great Reset.

I have tried to find an answer. But maybe it's because I do not have enough knowledge about state/world economy.

Markus

Onkel Neal · 03-11-21, 11:55 AM

I don't know a whole lot about finance and even less about "the great reset", had to look it up. Started reading about it on Wikipedia, but came across some nonsense about qanon and quit.

Rockstar · 03-11-21, 04:17 PM

I'm not sure when they last held any GE, but I don't see Berkshire Hathaway holding on to the dumpster fire now. https://whalewisdom.com/stock/ge (page 11)

Seems a lot of new positions opening in Boeing though.

Onkel Neal · 03-19-21, 09:49 AM

Quote:

Originally Posted by Onkel Neal

Is Buffett still a big GE holder?

Olin, will it hit $34 ?

https://finance.yahoo.com/quote/OLN?....tsrc=fin-srch

Hit $42 yesterday

mapuc · 03-19-21, 11:50 AM

I made wrong search pattern, maybe it was therefore I really didn't get a straight answer to what this great reset is/was.

Quote:

We start with the revival of the baseless conspiracy theory, known as the 'Great Reset', which claims a group of world leaders orchestrated the pandemic to take control of the global economy.

The conspiracy theory has its origins in a genuine plan entitled 'The Great Reset', drawn up by the World Economic Forum (WEF), the organisers of an annual conference for high-profile figures from politics and business. The plan explores how countries might recover from the economic damage caused by the coronavirus pandemic.

https://www.bbc.com/news/55017002

So it is nothing lesser than a conspiracy

Markus

August · 03-19-21, 12:59 PM

Quote:

Originally Posted by mapuc

I made wrong search pattern, maybe it was therefore I really didn't get a straight answer to what this great reset is/was.

https://www.bbc.com/news/55017002

So it is nothing lesser than a conspiracy

Markus

Certainly nothing less but could there be any more to it? I don't know Markus but it's interesting that the article didn't attempt to debunk the actual Great Reset "conspiracy" itself but rather quickly switches to railing about other theories. It kinda raises more questions than it dismisses.

Onkel Neal · 04-22-21, 09:17 AM

Sold all but 20% of my shares of OLN in March at $40.24

Now KMI is next, I hope
Kinder Morgan Posts Blowout Profit on Texas Freeze Sales

The profit surge has not moved the stock yet, but they hiked dividend by 3% so all good.

Rockstar · 05-12-21, 04:58 PM

Copper has been very very good to me. Three cheers for climate change! Thank you left wing tree hugging wackos, thank you Greta

Rockstar · 05-19-21, 03:29 PM

Da' Man speaks

Skybird · 05-20-21, 01:52 PM

Cryptocurrencies took a blow after China prohibited their use. The enthusiasm of some that now there is an "alternative" to state-regulated counterfeit money I never shared, like the price of gold can be taken for granted to be seriously manipulated by state actors, states will never allow somebody to break their monopoly over currency tokens. Only a global society that could run data infrastructure outside the reach of state interference could hope to form an really independent and out of reach crypto currency, and to ever get there is copletely illusory, polus it would be more nthan many orudnary people would ever be able ti undersand and handle, especially elder people - and then you still would need to deal with criminal energy in abusing it.
I also snaped for air when they said on TV main news today that in the pandemic year 2020 there had been cormpany bancruptcies in Germany and in Europe than in the year before. Under the stress from lockdowns and the general crisis business should have donme better than ever before? Not one second I believe that. What it means is that the state aids have been used to keep many dead companies floating that in ordinary times would have run bancrupt already. In past years, goivenrments in Europoe fell into the jhabit tio glossm over the zombification rate of businesses and comnaonies in the EU, thats why I always added by habit at least 5%, if not more, to the official number. They now say 19% of the German companies are zombies, that makes it a rate of aorund every fourth business comoany in my book is a zombie - one quarter of companies, being kept afloat by EU inflationary money excesses .

Dont anyone tell me you think this could end well, I would need to burst in laughter about that statement.

A bit to my detrimental surprise the EU parliament blocked the big treaty with China. Its "on ice" (so could be revoked, thogzbcurrently that is said to be unlikely any time soon). China's revenger will blast European companies in China soon. EU states shouzdk ta<ke the chance to dleiver Merkel a devasting dedfeat over here stupid naive policy of "change by trade" and instead use the opportunity to encourage European companies to retreat form china and isolate Chgines ecmanies and politivcla actors in Europe. Although I think I hope for too much when saying that... But at least I an point it out and say: look, there is a chance and we can use the opportunity to correct a suicidal political course by the EU regarding China.

03-01-21, 03:29 PM	#316
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,284 Downloads: 534 Uploads: 224	Olin hit $33 last week. Even Exxon is showing signs of life. __________________ SUBSIM - 26 Years on the Web

03-10-21, 09:26 AM	#319
Rockstar Rear Admiral Join Date: Nov 2002 Location: Zendia Bar & Grill Posts: 11,832 Downloads: 10 Uploads: 0	GE board announces support for a 1-8 reverse split. Boeing has resumed deliveries of its 737 Max and is taking orders again. __________________ Guardian of the honey and nuts Let's assume I'm right, it'll save time.

03-11-21, 10:16 AM	#320
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,284 Downloads: 534 Uploads: 224	Is Buffett still a big GE holder? Olin, will it hit $34 ? https://finance.yahoo.com/quote/OLN?....tsrc=fin-srch __________________ SUBSIM - 26 Years on the Web

03-11-21, 11:20 AM	#321
mapuc Fleet Admiral Join Date: Sep 2003 Location: Denmark Posts: 17,877 Downloads: 37 Uploads: 0	I do not follow this thread closely, I will apologize in advance if it has been discussed earlier in this thread. Now and then I have heard in our economy news(when I see it) the sentence The Great Reset. I have tried to find an answer. But maybe it's because I do not have enough knowledge about state/world economy. Markus __________________ My little lovely female cat

03-11-21, 11:55 AM	#322
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,284 Downloads: 534 Uploads: 224	I don't know a whole lot about finance and even less about "the great reset", had to look it up. Started reading about it on Wikipedia, but came across some nonsense about qanon and quit. __________________ SUBSIM - 26 Years on the Web

03-09-21, 09:59 AM	#318
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,284 Downloads: 534 Uploads: 224	Ok, yesterday I put in a trailing stop sell at $1 for 20% of my OLN, current activation price $31.1.

03-11-21, 04:17 PM	#323
Rockstar Rear Admiral Join Date: Nov 2002 Location: Zendia Bar & Grill Posts: 11,832 Downloads: 10 Uploads: 0	I'm not sure when they last held any GE, but I don't see Berkshire Hathaway holding on to the dumpster fire now. https://whalewisdom.com/stock/ge (page 11) Seems a lot of new positions opening in Boeing though. __________________ Guardian of the honey and nuts Let's assume I'm right, it'll save time.

04-22-21, 09:17 AM	#327
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,284 Downloads: 534 Uploads: 224	Sold all but 20% of my shares of OLN in March at $40.24 Now KMI is next, I hope Kinder Morgan Posts Blowout Profit on Texas Freeze Sales The profit surge has not moved the stock yet, but they hiked dividend by 3% so all good. __________________ SUBSIM - 26 Years on the Web

05-12-21, 04:58 PM	#328
Rockstar Rear Admiral Join Date: Nov 2002 Location: Zendia Bar & Grill Posts: 11,832 Downloads: 10 Uploads: 0	Copper has been very very good to me. Three cheers for climate change! Thank you left wing tree hugging wackos, thank you Greta __________________ Guardian of the honey and nuts Let's assume I'm right, it'll save time. Last edited by Rockstar; 05-12-21 at 05:13 PM.

05-19-21, 03:29 PM	#329
Rockstar Rear Admiral Join Date: Nov 2002 Location: Zendia Bar & Grill Posts: 11,832 Downloads: 10 Uploads: 0	Da' Man speaks __________________ Guardian of the honey and nuts Let's assume I'm right, it'll save time.

05-20-21, 01:52 PM	#330
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 40,493 Downloads: 9 Uploads: 0	Cryptocurrencies took a blow after China prohibited their use. The enthusiasm of some that now there is an "alternative" to state-regulated counterfeit money I never shared, like the price of gold can be taken for granted to be seriously manipulated by state actors, states will never allow somebody to break their monopoly over currency tokens. Only a global society that could run data infrastructure outside the reach of state interference could hope to form an really independent and out of reach crypto currency, and to ever get there is copletely illusory, polus it would be more nthan many orudnary people would ever be able ti undersand and handle, especially elder people - and then you still would need to deal with criminal energy in abusing it. I also snaped for air when they said on TV main news today that in the pandemic year 2020 there had been cormpany bancruptcies in Germany and in Europe than in the year before. Under the stress from lockdowns and the general crisis business should have donme better than ever before? Not one second I believe that. What it means is that the state aids have been used to keep many dead companies floating that in ordinary times would have run bancrupt already. In past years, goivenrments in Europoe fell into the jhabit tio glossm over the zombification rate of businesses and comnaonies in the EU, thats why I always added by habit at least 5%, if not more, to the official number. They now say 19% of the German companies are zombies, that makes it a rate of aorund every fourth business comoany in my book is a zombie - one quarter of companies, being kept afloat by EU inflationary money excesses . Dont anyone tell me you think this could end well, I would need to burst in laughter about that statement. A bit to my detrimental surprise the EU parliament blocked the big treaty with China. Its "on ice" (so could be revoked, thogzbcurrently that is said to be unlikely any time soon). China's revenger will blast European companies in China soon. EU states shouzdk ta<ke the chance to dleiver Merkel a devasting dedfeat over here stupid naive policy of "change by trade" and instead use the opportunity to encourage European companies to retreat form china and isolate Chgines ecmanies and politivcla actors in Europe. Although I think I hope for too much when saying that... But at least I an point it out and say: look, there is a chance and we can use the opportunity to correct a suicidal political course by the EU regarding China. __________________ If you feel nuts, consult an expert.