Results 16,276 to 16,300 of 18222
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06-16-2022, 02:17 PM #16276
The RONA low situation in Feb-Apr 2020 was astoundingly and decidedly more dire than now.
Even the collapse of the market in 2007/2008 where SPY was over -50% in 9 months, it had recovered to -15% in just another 13 months. The precipitating events of the 2008 crash were also far more dire than now.Originally Posted by blurred
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06-16-2022, 03:01 PM #16277
Dow 23500-25000 is easy.
We haven’t felt the pain yet. When people are forced to sell, then it gets interesting. With all the stupid crazy that’s gone on the last few yrs I don’t see why that won’t happen again.
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06-16-2022, 04:09 PM #16278Rod9301
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06-16-2022, 04:10 PM #16279Rod9301
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But yeah, taxing Russian oil might be a good idea, but again this is hurting EU.
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06-16-2022, 04:11 PM #16280
B
I
N
G
O
When Summit writes what he just did it tells me many many people watch to much TV.
WAR
with
CHINA
Oil to $250
Jobs will go Bye Bye because of Margin Compression and Lack of Revenues
It is INTERESTING TIMES we live in
https://www.msn.com/en-xl/news/other...BingNewsSearch
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06-16-2022, 04:25 PM #16281Go that way really REALLY fast. If something gets in your way, TURN!
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06-16-2022, 04:29 PM #16282
The problem with your argument is oil prices are up mainly because of too little investment (including in Russia) due to a variety of reasons predating Russia's unprovoked invasion of Ukraine. While it's true Russia is benefiting from higher energy prices, it's not necessarily the case lifting sanctions lowers prices all that much.
There's no doubt the Ukraine war has thrown a real wrench into the works and is contributing to supply side shortages but that's not the whole story. In the United States for example a lack of refining capacity is pushing up gas prices:
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06-16-2022, 04:30 PM #16283
TINA
We Do Not Have Enough Lithium or Cobalt .
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06-16-2022, 05:22 PM #16284
This is true! 90% of the worlds cobalt is from dem rep Congo and probably controlled by warlords. 60% of the worlds nickel (necessary in EV batteries) comes from Russia. Lithium is being produced and hoarded by…you guessed it! China!
Not saying electric vehicles are bad. But basically all energy has consequences. Make your bed with the most efficient/human rights friendly/clean/cheap!
Where does the power to charge the EV charging stations come from? Magic?Decisions Decisions
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06-16-2022, 05:35 PM #16285
https://www.cnbc.com/2022/05/17/gm-i...dominance.html
And this of only the start of new battery technology.
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06-16-2022, 06:08 PM #16286
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06-16-2022, 06:24 PM #16287
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06-16-2022, 06:47 PM #16288
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06-16-2022, 07:24 PM #16289
Hydrogen takes a lot of energy to separate from oxygen. Denmark is creating a massive off shore wind system specifically to power this process. With the idea of being a huge exporter of hydrogen. My guess is that wouldn’t fly with the voters of SoCal who just voted down a desalination plant.
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06-16-2022, 07:40 PM #16290
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06-16-2022, 08:27 PM #16291Hucked to flat once
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06-16-2022, 08:54 PM #16292
This interview I thought brought up some good points about the bed for investment in the processing part, not just access to the raw minerals. There's a transcript so you can read it faster than listening.
https://www.energypolicy.columbia.ed...tical-minerals
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06-16-2022, 11:40 PM #16293
Regardless of a lot of economic wordology, I still managed to grab some cash on the falling knife.
Super glad I bought back my $97 XOM put, grabbed $15 profit and re-established today to make another $35.
Enough to pay for another 2 of the EPD shares I bought on the dip at sub $25. Grabbed another 100 shares at $24.45.
Picked up another 20 shares of MMP again, even cheaper this time…
Still got some cash in reserve, loving loading up on high yields for cheap!
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06-17-2022, 08:13 AM #16294
Bob….you need to charge 2 and 20.
Decisions Decisions
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06-17-2022, 09:15 AM #16295Rod9301
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06-17-2022, 09:23 AM #16296
Those Chinese oil companies are largely state owned. My advice: stay away from state owned companies especially those who aren’t friendly w the US.
Decisions Decisions
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06-17-2022, 09:52 AM #16297
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06-17-2022, 10:26 AM #16298
Gasoline is down .50c in 7 trading days. 11%.
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06-17-2022, 10:48 AM #16299
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06-17-2022, 11:35 AM #16300
Is the stock market going to tank?
Nat gas is down 30% in 8 trading days.
GSCI also down 11%
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