BTFD day tomorrow or run for the hills since China devalued again? Thanks to the better exchange rate, I need to make a trip over there and visit the massage places.
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Woohoo! Free money
gramma yellen came thru again. or was it dudley. or bullard.
Everything is awesome again!! No Sept rate hike!!! Load up on shares while they're cheap!
Buy ammo!
Give us this day, our daily bread and circuses. Forgive us our margin debts as we unleash repo man on our debtors. Lead us not into low yield savings, but distract us from thy frontrunning HFT algo.
Invest in a shack in the woods, a deep well, lots of canned food and lots of ammo. Everything else is just paper.
@Anonymous142138, BUT WHAT ABOUT TSLA stock!!! Elon is patron saint of corpo-gubment welfare! If we don't rescue him, we may never get to mars or get high speed monorail at disneyland. The name's Musk. Elon Musk! https://www.youtube.com/watch?v=ZDOI0cq6GZM
Saudis are probably going to start cutting production because they soon realize what they did backfired and its not going to bk US shale. If wti goes lower, wasteful Americans will be driving those big ass suvs more, and that means that consumption of refined petro products will go up. It will probably also decimate alternative fuel and ev car sales.
stick head in sand, wait for bullard to rescue market with QE4 hints.
WTI can always go to $15. why not? Saudis like a self inflicted gunshot wound to the face, apparently.
Well, you really can't lose much money on most of the oil/gas sector right now things things are pretty much floored :)
I'm still not sold on VXX. Even if real VIX index stays flat, VXX will fall. Seems the same deal as oil price ETF contango. Best bet is to buy VXX puts when it has massive spikes. It always manages to trickle down. Open to suggestions. I love me some volatility.
Like I said before ....VXX all the way... Up/down/side to side. It's all good. Long term, indexes will be fine....