Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,195
128,264
Jysin said:
It says -20% cut to production of the iPhone SE next quarter. (as well as cutting 10M airpod units for all of 2022)

Not sure that is of any significance to the bottom line.
Click to expand...
Yeah I think a lot of investors just sold off the headline without reading the article. AAPL back to even already.
 
B_Mizzle

B_Mizzle

Avatar of War Slayer
8,104
16,368
I'll never understand how this stuff works. 2 oil refineries get bombed catch fire over the weekend and oil is down 7%?
 
  • 1Like
Reactions: 1 user
Zog

Zog

Blackwing Lair Raider
1,813
2,341
B_Mizzle said:
I'll never understand how this stuff works. 2 oil refineries get bombed catch fire over the weekend and oil is down 7%?
Click to expand...

Russian sanctions aren't exactly working, eu demanding they sell them oil in a preferred currency lol China and India gobblibg up cheap Russian oil and laughing their way to the bank.
 
  • 1Like
Reactions: 1 user
B_Mizzle

B_Mizzle

Avatar of War Slayer
8,104
16,368
Zog said:
Russian sanctions aren't exactly working, eu demanding they sell them oil in a preferred currency lol China and India gobblibg up cheap Russian oil and laughing their way to the bank.
Click to expand...

Didn't Putin say rubles or kick rocks to the Eu recently?
 
Zog

Zog

Blackwing Lair Raider
1,813
2,341
B_Mizzle said:
Didn't Putin say rubles or kick rocks to the Eu recently?
Click to expand...
Indeed, its a pivotal point in the situation, if the EU capitulates and pays in Rubles, thats a major event, especially for the ruble. The opposite happens then the EU is drowning again. America is trying to export LNG but it's going to take time to get that whole process going and it wont be even close to as efficient as a pipeline.
 
Furry

Furry

Email Loading Please Wait
<Gold Donor>
23,022
30,577
Zog said:
Russian sanctions aren't exactly working, eu demanding they sell them oil in a preferred currency lol China and India gobblibg up cheap Russian oil and laughing their way to the bank.
Click to expand...
Russia is also doing the chinese trick for selling NK and Iranian goods. They turn off their AIS and transfer cargo in the open ocean so the chingchongs can sell it to stupid westerners.
 
  • 1Like
Reactions: 1 user
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,304
36,985
Not very many trades, selling some 4/14 calls on stock holdings. I did switch to selling puts on ABBV $150 strike. Will sell puts on it until I get it back.
 
  • 2Like
Reactions: 1 users
Jysin

Jysin

Ahn'Qiraj Raider
6,593
4,610
B_Mizzle said:
Didn't Putin say rubles or kick rocks to the Eu recently?
Click to expand...
EU officially responded today they wouldn't be paying in rubles.

08:07 (DE) Germany Econ Min Habeck: G7 Leaders reject Russia Pres Putin's demand to pay for Russian gas in Russian roubles currency (RUB)
 
Jysin

Jysin

Ahn'Qiraj Raider
6,593
4,610
11:00 (US) Biden Administration Official: Proposes $5.8T budget for FY23 - press
- Projects 50% in US deficit during 2022 to $1.4T
 
  • 2Mother of God
  • 1Like
  • 1RAGE
Reactions: 5 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,195
128,264
Zog said:
Indeed, its a pivotal point in the situation, if the EU capitulates and pays in Rubles, thats a major event, especially for the ruble. The opposite happens then the EU is drowning again. America is trying to export LNG but it's going to take time to get that whole process going and it wont be even close to as efficient as a pipeline.
Click to expand...
You have to really adjust to the "time is a flat circle" concept of futures (such as oil). And then combine that with speculation. We aren't talking about Oil today. And we aren't even going to get into discussing contango and backwardization.

Oil is down because those two Saudi locations, while a negative, aren't overcoming the fact that oil investors are pricing in a somewhat return to "normalcy" in regards to Russia and oil production. When we kicked Russia out of SWIFT the oil futures sky rocketed due to people think Russian oil was off the market. And then we saw that nuclear option of SWIFT wasn't actually as bad as we thought. And then not everyone got on board with sanctions. Oil is moving off the "OMFG, no Russian oil" to "shit, oil gonna be expensive for a while" to "oh, oil is over $100?, time for the shale players to uncap and start pumping again".
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,195
128,264
TSLA flirting with $1100. Apes going wild on call options.

Elon Musk Snl GIF by Saturday Night Live
 
  • 1Like
  • 1To the Moon!
Reactions: 1 users
Zzen

Zzen

Potato del Grande
2,975
3,684
Blazin said:
Not very many trades, selling some 4/14 calls on stock holdings. I did switch to selling puts on ABBV $150 strike. Will sell puts on it until I get it back.
Click to expand...

How far you going out on those ABBV CSPs?


mr-bean-copy.gif
 
  • 3Worf
  • 1Like
Reactions: 3 users
Zog

Zog

Blackwing Lair Raider
1,813
2,341


Bullish as fuck.

1648480979103.png

+5,800,000,000,000.

Wheres the money going to? That is a huge amount of money!
 
  • 1Like
Reactions: 1 user
You must log in or register to reply here.