Investing General Discussion

Sanrith Descartes · Feb 22, 2022

TDOC almost profitable (7 cent loss compared to $3.07 loss a year ago. Beat on revenue also. So of course its plunging.

Teladoc stock drops after another quarterly loss for telemedicine company

Shares of Teladoc Health Inc. undefined fell more than 6% in the extended session Tuesday after investors looked past a narrower quarterly loss and sales...

www.marketwatch.com

Borzak · Feb 22, 2022

Sanrith Descartes said:
Looks like the Biden boost in total fade now.

Tmac · Feb 22, 2022

Borzak said:

If gas hits $7 in my state there's gonna be blood.

Sanrith Descartes · Feb 22, 2022

Borzak said:

6.25 a gallon. Fuck.

Sanrith Descartes · Feb 22, 2022

Tmac said:
If gas hits $7 in my state there's gonna be blood.

That TSLA purchase last year just keeps paying dividends.

Tmac · Feb 22, 2022

Sanrith Descartes said:
That TSLA purchase last year just keeps paying dividends.

Except for 45% inflation to energy prices?

Given, I guess it's not 100% to gas... Breh, why you nose rubbin? I'm SALTY AF.

Kiroy · Feb 22, 2022

Tmac said:
Except for 45% inflation to energy prices?

Given, I guess it's not 100% to gas... Breh, why you nose rubbin? I'm SALTY AF.

he can go charge at a rando superstation for free, YOUR energy prices are higher because of his tesla purchase

Captain Suave · Feb 22, 2022

Sanrith Descartes said:
6.25 a gallon. Fuck.

I'm in LA; I just filled up for $4.19. If you're buying $6.25 you're doing it wrong.

Fogel · Feb 22, 2022

I was told Biden had a handle on gas prices months ago!

Araysar · Feb 23, 2022

Gas is $2.88 in my part of Kentucky.

Sanrith Descartes · Feb 23, 2022

How to achieve a market soft landing in three easy steps...
1. March out speaker (Powell/Bullard/Biden0 and discuss something shitty (raising rates or Ukraine). Markets down.
2. The next day march out a speaker and give the exact opposite info from the previous day. Markets up, but not as much as they lost yesterday.
3. Rinse and repeat as required.

Congratulations, You are now qualified to be the Secretary of the Treasury.

Sanrith Descartes · Feb 23, 2022

If you are looking for a low beta swing trade keep an eye on DE. It is approaching the downswing of its ride through the trough and all its moving averages are getting consolidated. Once it breaks down below $350 expect a continued move down to the $325 to $335-ish range. This is a pretty safe 10-15% play when it legs back up (which takes 4-12 weeks on average). I call it safe because its a sub-20 PE stock with $18 in EPS so if you end up holding it a little while longer its a solid stock to own.

Jysin · Feb 23, 2022

10 points on my NVDA trade from yesterday.

Mist · Feb 23, 2022

Araysar said:
Gas is $2.88 in my part of Kentucky.

Yeah it's like $3.30 here in RI, $3.60 if you go to the price-gougy places.

Was higher than this during the Bush administration. I remember paying over $4.00 a gallon for home heating oil during the Bush administration, where I just bought 200 gallons under $2.70.

Sanrith Descartes · Feb 23, 2022

Mist said:
Yeah it's like $3.30 here in RI, $3.60 if you go to the price-gougy places.

Was higher than this during the Bush administration. I remember paying over $4.00 a gallon for home heating oil during the Bush administration, where I just bought 200 gallons under $2.70.

A major part of the Cali gas price thing is the humongous gas taxes they apply to it.

Mist · Feb 23, 2022

Sanrith Descartes said:
A major part of the Cali gas price thing is the humongous gas taxes they apply to it.

57.66 cents in Cali vs 35.12 cents in RI.

What's funny is that gas taxes in CT are actually 10 cents lower per gallon (25 cents) than in RI, yet gas prices are like 40 cents higher in CT.

It's just price gouging. The gas stations and gas companies will charge what people are willing to pay.

Jysin · Feb 23, 2022

Seriously, I think it's fairly dumb that people associate presidential politics to ppBarrel oil / gas prices. It makes for great mainstream media talking head sound bites and that is about it.

Anyone who doesn't fully grasp that OPEC+ pretty much sets the prices is just delusional. Aside from macro world events like pandemic demand volatility, hurricane closing refineries, etc, they are setting the pace of output. No president (Dem or Repub) can just pen down cheap prices at the pump. It's a futile and misguided political rant.

Sanrith Descartes · Feb 23, 2022

For the one or two of you who dont hate TSLA, it has broken below its 200-DMA. Normally I would say it doesnt have any support until it gets down to $666 but its TSLA, so who knows. This is like about a 5 month low for the stock. $792 is where it bounced last month during the market low.

Hateyou · Feb 23, 2022

Jysin said:
Seriously, I think it's fairly dumb that people associate presidential politics to ppBarrel oil / gas prices. It makes for great mainstream talking head sound bites and that is about it.

Anyone who doesn't fully grasp that OPEC+ pretty much sets the prices is just delusional. Aside from macro world events like pandemic demand volatility, hurricane closing refineries, etc, they are setting the pace of output. No president (Dem or Repub) can just pen down cheap prices at the pump. It's a futile and misguided political rant.

I felt that way until the last administration unleashed our production capabilities and we were exporting gas and prices were 1990s levels. Then the new admin came in and shut down new oil sites and prices went right back to 2015. I now think the administration in charge can have a huge effect on the prices, they’re just choosing not to.

Moglyzoke Moogleman · Feb 23, 2022

Hateyou said:
I felt that way until the last administration unleashed our production capabilities and we were exporting gas and prices were 1990s levels. Then the new admin came in and shut down new oil sites and prices went right back to 2015. I now think the administration in charge can have a huge effect on the prices, they’re just choosing not to.

Borzak posted this article a few days ago.

Not Even $200 a Barrel: Shale Giants Swear They Won't Drill More

(Bloomberg) -- The Texas wildcatters that ushered in America’s shale revolution are resisting the temptation to pump more oil as the market rallies, signaling higher gasoline prices for consumers already battered by the worst inflation in a generation. Most Read from BloombergRussian Media...

finance.yahoo.com

Maybe I'm reading it wrong but it looks like they don't want to crater prices by drilling, drilling, drilling.

Investing General Discussion

You have insufficient privileges to reply here.

Silver Baron of the Realm

Adventurer

You have insufficient privileges to reply here.

You have insufficient privileges to reply here.

Adventurer

Marine Biologist

Caesar si viveret, ad remum dareris.

Mr. Poopybutthole

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.

You have insufficient privileges to reply here.

You have insufficient privileges to reply here.

Ahn'Qiraj Raider

REEEEeyore

You have insufficient privileges to reply here.

REEEEeyore

Ahn'Qiraj Raider

You have insufficient privileges to reply here.

Not Great, Not Terrible

This Site Sucks Hairy Asshole